GOLD EXPLORATION
Junior gold producer Anaconda Mining has announced a new mineral resource estimate for its Argyle gold discovery, at the Point Rousse project, in Newfoundland and Labrador.
The TSX-listed miner has reported a compliant indicated resource of 38 300 oz of gold, held in 543 000 t grading 2.19 g/t gold, when applying a 12 g/t capping factor and using a cutoff grade of 0.5 g/t.
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