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BRIEF-Anaconda Mining Says Produced 78,123 Tonnes Of Ore During Q2, A 138% Increase Over Q2 2018

Published 2019-07-15, 07:12 a/m
Updated 2019-07-15, 07:20 a/m
© Reuters.  BRIEF-Anaconda Mining Says Produced 78,123 Tonnes Of Ore During Q2, A 138% Increase Over Q2 2018

July 15 (Reuters) - Anaconda Mining Inc ANX.TO :

* ANACONDA MINING ANNOUNCES Q2 PRODUCTION RESULTS AND UPDATES GUIDANCE TO REFLECT POTENTIAL EXPANSION AT PINE COVE

* ANACONDA MINING INC - SOLD 3,153 OUNCES OF GOLD IN Q2 2019, GENERATING METAL REVENUE OF $5.5 MILLION AT AN AVERAGE REALIZED GOLD PRICE OF $1,739 PER OUNCE

* ANACONDA MINING INC - PRODUCED 78,123 TONNES OF ORE DURING Q2, A 138% INCREASE OVER Q2 2018

* ANACONDA MINING INC - CONTINUES TO SEE POTENTIAL TO EXPAND MINE LIFE AT PINE COVE AND CONSEQUENTLY WILL DEFER DEVELOPMENT OF ARGYLE DEPOSIT INTO 2020

* ANACONDA MINING INC - REVISING ITS GUIDANCE FOR 2019 TO 16,000 TO 17,000 OUNCES OF GOLD FROM ITS INITIAL GUIDANCE OF 19,000 TO 20,000 OUNCES

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