Anaconda Mining Inc. reported operating results for the seven months ended December 31, 2017. For the transition period the company reported ore production of 382,111 tonnes, Waste production was 692,814 tonnes, Total material moved was production tonnes, Gold Ounces Produced was 10,002 ounces and Gold Ounces Produced was 9,509 ounces.

For the period the company sold 9,509 ounces of gold during the Transition Year, generating gold revenue of $15.4 million, sold 9,509 ounces of gold during the Transition Year, generating gold revenue of $15.4 million.

For the full year 2018 the company provides operating guidance, the company is projecting to produce and sell approximately 18,000 ounces of gold, which at a budgeted gold price of $1,550 will generate revenue of approximately $28.0 million. The increase over the previous fiscal year guidance of 15,500 ounces reflects the increasing grade profile as the mine operation transitions to the Stog'er Tight deposit.