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Anaconda Mining Inc.

Anaconda Mining Inc.

Anaconda Mining Inc.

A TSX-listed gold mining company operating in Atlantic Canada, has developed an innovative, two-stage drilling method that enables economic mining of narrow-vein deposits. The technology, known as Sustainable Mining by Drilling (SMD), was developed in collaboration with Memorial University of Newfoundland. SMD has the potential to unlock value in existing deposits that were previously thought to be uneconomic to mine using traditional underground or surface mining methods. The developers also expect this technology could extend the life of current operations by allowing safe excavation to occur beyond the limits of current designs.