(1) TORONTO, ON / ACCESSWIRE / March 11, 2021 / Anaconda Mining Inc. ("Anaconda" or the "Company") (TSX:ANX)(OTCQX:ANXGF) is pleased to announce the initiation of a 4,000 metre diamond drill program ("Drill Program") at its Point Rousse operation in Newfoundland. The Drill Program will include 1,000 metres of infill drilling at the Stog'er Tight Extension and will also include 3,000 metres of diamond drilling to test several priority targets which are within several kilometres of the Pine Cove Mill and in-pit tailings facility (Exhibit A). The infill drill program at the Stog'er Tight Extension, at Camp Pond, aims to upgrade and define additional mineral resources adjacent to an internal conceptual open pit approximately 700 metres west of the past producing Stog'er Tight Mine and will guide ongoing environmental assessment studies associated with the permitting and development of this area. The 3,000 metres of exploration drilling will test several high priority exploration targets close to the milling operation, including Pumbly Point, Pine Cove East and Corkscrew Road