Accomplishmentin 2021
During2021 Anaconda produced12,054 ounces of gold with the point Rousse operation asper their assessment to produce 12.000 ounces of gold in the year
During their research in September2021 They observed diluted form of gold in Mine which is about 529,100 tonsnormally 1.99 grams per ton ("g/t") gold having 33,850 ounces.
Joint mineral reserves helpout for healthy finance and they use the cash of $ 18.4 M by the deduction oftaxes NPV (5%) of $17.4 million with an IRR of 1,631%, using a base case goldprice of $2,000 (US$1,550) 1.
In2021 they sell 12,218 ounces of gold and they got the return of $ 27.6 millionfrom metal that stands for the gold price2 of C$2,261 (US$1,804) per ounce ofgold.
As perthe December 31 2021,Anaconda have the primary working capital of $ 1.4 millionwith a cash balance of $ 10.1 millionand the credit facility of 3.0$ million give them more strength
To continue probability on Gold Boroproject they paid the amount of $ 5.0 million and ecological evaluationDocument will be able to payback with in coming 9 months with the supply ofoverall 2,273 ounces of gold
Their preparation for 2022:
21,500-23,000 ounces of goldproductions and sales are determined in 2022 appearing the yearly Topproductions
Functional cash costs per ounce sold2 among$1,150 and $1,250 per ounce of gold (US$920 - US$1,000 at an estimated exchangerate of 0.80).
ABOUT ANACONDA:
Anaconda Mining is a TSX and OTCQX-listedgold mining, development, and exploration company, focused in the top-tierCanadian mining jurisdictions of Newfoundland and Nova Scotia
