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Anaconda Mining Inc.

03:14 PM EST - Anaconda Mining Inc. : Provided an update on its 100%-owned Goldboro Gold located in Nova Scotia. Given the revised permitting timelines for the Project as discussed below, as well as COVID-19 related delays, the Company has initiated optimization work on the Project based on opportunities identified as part of work undertaken in connection with the preparation of a Feasibility Study, including a robust drill program designed to upgrade certain Inferred Mineral Resources into Indicated Mineral Resources. Anaconda Mining Inc. shares T.ANX are trading up $0.025 at $0.25.