Anaconda Mining Inc.

Published purpose

There are numerous (geometrically) challenging mineral deposits throughout Newfoundland, Atlantic Canada and North America that could potentially benefit from a new approach to mining. The Firm believes that the Narrow Vein Mining technique it is currently developing in affiliation with a local partner has great potential to develop an economic solution to the mining of such deposits and considers it a revolutionary approach to mineral extraction using a Fragmentation-in-Place concept. During its Fragmentation-in-Place drilling process, large amounts of the water will be used down the hole to cool the drill bit and reduce dust, as well as to assist with the transportation of the rock cuttings to the surface. The intention of this project is develop a means to reclaim and to reuse that water for drilling to reduce the need for fresh water.