03:30 PM EST - Anaconda Mining Inc. : provided an operational update for its Pine Cove Gold Mine. As reported in the press release dated April 15, recently completed modifications to the flotation circuit in the Pine Cove mill have resulted in the production of a higher grade flotation concentrate, which in turn, has delivered better performance in the back end of the mill, specifically in the leach, filtration and Merrill Crowe circuits. As a result, overall mill recovery has climbed to the low to mid 70% range, a significant improvement over the results achieved in the first three quarters of fiscal 2011. All assays have been conducted by an external, third-party analytical lab. Anaconda Mining Inc.
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