Rhea-AI Summary
Anaconda Mining Inc. has reported significant progress in its ongoing drill program at the Stog'er Tight Mine in Newfoundland, having completed 1,727 metres in 22 diamond drill holes. Recent findings include notable gold grades, such as 4.37 g/t over 15.0 metres and expansions to mineralization down-dip and along strike. The company is increasing the drill program to 4,000 metres, reflecting positive indications for further gold deposits. Mineralization now extends over 1,200 metres and remains open for expansion, presenting favorable prospects for future mining.
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What is the market cap of ANXGF (ANXGF)?
The market cap of ANXGF (ANXGF) is approximately $72.3M.