Anaconda Presents $10,000 for Free Swim Program

BAIE VERTE, NL, Aug. 29, 2017 /CNW/ - Anaconda Mining Inc. ("Anaconda" or the "Company") - (TSX:ANX) was pleased to present a cheque for $10,000 in the second of a five-year $50,000 commitment to the Baie Verte regional swim program. The commitment was prompted by the overwhelming success of an initiative started in 2015 to provide youth in the region with free swimming lessons.

Prior to the 2015 summer season, average annual enrolment at the Baie Verte regional pool was about 40 swimmers, however it now exceeds 180 participants each year. Over 460 lesson blocks (10 lessons per block) or approximately 4600 free swimming lessons have been sponsored by Anaconda over the past three summers.

"The Point Rousse Project has been Anaconda's flagship operation with most of our employees living in the Baie Verte region. Companies and communities thrive when they work together, and we are pleased to give back to those who have supported Anaconda as employees, contractors, suppliers and neighbours. Sponsorship of the swim program at the Baie Verte regional pool provides an opportunity for young people throughout the region to benefit from Anaconda's success while developing a safety skill that they will enjoy for a lifetime."
~ Dustin Angelo, President & CEO, Anaconda Mining

ABOUT ANACONDA

Anaconda Mining is a TSX listed gold mining, exploration and development company, focused in the mining-friendly and prospective Atlantic Canadian jurisdictions of Newfoundland and Nova Scotia.The Company operates the Point Rousse Project located in the Baie Verte Mining District in Newfoundland, Canada, comprised of the Pine Cove open pit mine, Stog'er Tight deposit, the fully-permitted Pine Cove Mill and tailings facility, a new gold discovery referred to as Argyle, and approximately 6,300 hectares of prospective property.Anaconda is also developing the recently acquired Goldboro Project in Nova Scotia, a high-grade Mineral Resource, with the potential to leverage existing infrastructure at the Company's Point Rousse Project.

The Company also has a pipeline of organic growth opportunities to leverage existing infrastructure, including the Viking and Great Northern Projects and the Tilt Cove Property in Newfoundland.

SOURCEAnaconda Mining Inc.

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