TSX-listed Anaconda Mining has partnered with the Faculty of Engineering and Applied Science at Memorial University of Newfoundland (MUN) to research and develop, prototype and optimise a new technology to mine steeply dipping narrow gold veins, that cannot be mined cost-effectively with existing technologies, the company announced on Wednesday.
“This narrow vein research and development projects fits with Anaconda’s objectives of optimising mineral resources and maintaining sustainable employment at the Point Rousse project, in the Baie Verte region. Anaconda has narrow vein hosted gold mineralisation within our property boundaries.