Korelin Economics Report

Anaconda Mining News – Maritime Offer Increase & Goldboro Drill Results

Anaconda Mining has been busy again this week releasing news on the Maritime takeover bid and Goldboro drill results. Both of these news releases are linked below.

To summarize, the Company has increased its offer to Maritime shareholders to $0.21 per share. However this is only valid if Maritime does not go through with a recently proposed financing. In terms of the drill results we see some more high grade results out of Goldboro with some more narrow widths. I highly recommend checking out that new release and and the accompanying Exhibits to understand the overall makeup of the deposit.

Here are the links…

Anaconda to Increase Offer to Maritime Shareholders to $0.21 Per Share

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