12:15 PM EST - Anaconda Mining Inc : Announced the initiation of trenching and drilling at key exploration targets at the Tilt Cove Gold Project, located within the Baie Verte Mining District in Newfoundland, approximately 45 kilometres by road from the Company's Pine Cove Mill (Exhibit A). Tilt Cove is a significant, recently consolidated land package encompassing the same geological trend as the past producing, high-grade Nugget Pond Mine, which had an average recovered grade of 9.85 g/t gold. Tilt Cove covers a 20-kilometre strike extent of the Betts Cove Complex, a highly prospective geological terrane including the Nugget Pond Horizon, the iron-rich sedimentary unit that hosts the past-producing Nugget Pond Mine. Anaconda Mining Inc
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