Anaconda Mining Inc. ("Anaconda" or the "Company") - (TSX: ANX) (OTCQX: ANXGF) is pleased to announce that all resolutions proposed to shareholders at the annual and special meeting held today were duly passed.

Anaconda Mining Inc. ("Anaconda" or the "Company") (TSX: ANX) (OTCQX: ANXGF) is pleased to announce that it has significantly expanded the footprint of its Tilt Cove Project, located within the Baie Verte Mining District, near the community of La Scie, Newfoundland, approximately 45 kilometres by road from the Company's Pine Cove Mill. Anaconda has consolidated a significant property package covering a 20 kilometre strike extent of the Betts Cove Complex, a highly prospective geological terrane with a record of past gold and copper production. The Tilt Cove Project now comprises a total of 5,700 hectares (228 claims in 20 licenses and 1 mining lease) of prospective mineral lands acquired via a combination of staking by the Company and the execution of option agreements.

Anaconda Mining Inc. ("Anaconda" or the "Company") - (TSX: ANX) (OTCQX: ANXGF) is pleased to report its financial and operating results for the three months ended March 31, 2019 ("Q1 2019"). The condensed interim consolidated financial statements and management discussion & analysis documents can be found at www.sedar.com and the Company's website, www.anacondamining.com. All dollar amounts are in Canadian dollars unless otherwise noted.