TORONTO, July 7, 2015 /CNW/ - Anaconda Mining Inc.
("Anaconda" or "the Company") – (TSX: ANX) is pleased to announce
that Kevin Bullock has joined its
board of directors. Mr. Bullock is a registered Professional Mining
Engineer in the province of Ontario and currently serves on the board of
directors of B2Gold Corp. and Metallum Resources Inc. He is also
President of Lindsay Mine Services Ltd., a mining industry
consultancy. Mr. Bullock was Volta Resources Inc.'s President and
CEO and was the founding President and CEO of Goldcrest Resources
Ltd. (a Volta predecessor company) since its launch in 2002. He was
instrumental in the growth of Volta from a shell company through to
the ultimate sale of the company to B2Gold at the end of
2013. Mr. Bullock has over 25 years of experience, at senior
levels, in mining exploration, mine development and mine
operations. Throughout his career, he has been involved in various
projects from inception through exploration to development and
production.
President and CEO, Dustin Angelo,
said, "On behalf of Anaconda, I would like to welcome Kevin to our
board of directors and look forward to working with him. Over the
last few years, Anaconda has been dedicated to strengthening its
management team and board of directors as it matures as an
operating company. Kevin's experience and expertise will serve us
well as Anaconda plans to grow through the development of existing
properties and the acquisition of other projects."
ABOUT ANACONDA
Headquartered in Toronto,
Canada, Anaconda is a growth oriented gold mining and
exploration company with a producing project, called the Point
Rousse Project, and approximately 6,000 hectares of exploration
property on the Ming's Bight Peninsula located in the Baie Verte
Mining District in Newfoundland,
Canada. Since 2012, Anaconda has increased its property
control by nine-fold. It is currently exploring three primary
prospective gold trends which have approximately 20 kilometres of
cumulative strike length and include four deposits and numerous
prospects and showings, all within 8 kilometres of the Pine Cove
mill. The Company's plan is to discover and develop more
resources within the project area and double annual production from
its current rate of approximately 15,000 ounces to 30,000
ounces.
FORWARD LOOKING STATEMENTS
This document contains or refers to forward-looking
information. Such forward-looking information includes, among other
things, statements regarding growth and is based on current
expectations and assumptions of management that involve a number of
business risks and uncertainties. Factors that could cause actual
results to differ materially from any forward-looking statements
include, but are not limited to: the expectations of the Company in
expanding mineral resources and project mine life and the timing
thereof, current and future market trends and growth opportunities
and whether the Company will be able to capitalize upon them.
Forward-looking statements may include words such as "plans,"
"may," "estimates," "expects," "indicates," "targeting,"
"potential" and similar expressions. These forward-looking
statements are based on current expectations and are subject to
significant risks and uncertainties, including the risks factors
outlined in the Company's latest annual information form and other
continuous disclosure documents filed at www.sedar.com, and other
factors that could cause actual results to differ materially from
expected results. Readers should not place undue reliance on
forward-looking statements. These forward-looking statements are
made as of the date hereof and the Company assumes no
responsibility to update them or revise them to reflect new events
or circumstances, except as required by law.
SOURCE Anaconda Mining Inc.