ANX Anaconda Mining Inc

Anaconda Mining Inc. ("Anaconda" or "the Company") - (TSX:ANX) is pleased to
announce that Tim Casgrain has joined its board of directors. Mr. Casgrain is
currently a consultant to, and has been involved since 1997 with, Skyservice
Investments Inc., a wholly owned Canadian aviation company. From 1976 to 2002,
he served as Executive Vice President of Brookfield Asset Management and from
1988 to 1995 he was seconded to NBS Technologies Inc. as President and Chief
Executive Officer. Mr. Casgrain began his career as a teacher with CUSO in Chad,
Africa, and later became an accountant with Deloitte & Touche. Mr. Casgrain is
currently the Chairman of the Toronto Rehab Foundation and HIPPY Canada. He is
also a Honourary Director of the Canadian Foundation for Economic Education.


President and CEO, Dustin Angelo, said, "On behalf of Anaconda, I would like to
welcome Tim to our board of directors and look forward to working with him. Over
the last few years, Anaconda has been dedicated to strengthening its management
team and board of directors as it matures as an operating company. The addition
of Tim to the board of directors is another positive step in that direction."


ABOUT ANACONDA

Headquartered in Toronto, Canada, Anaconda is a growth oriented, gold mining and
exploration company with a producing asset located on the Baie Verte Peninsula
in Newfoundland, Canada called the Pine Cove mine. 


FORWARD LOOKING STATEMENTS

This document contains or refers to forward-looking information. Such
forward-looking information includes, among other things, statements regarding
growth, and is based on current expectations and assumptions of management that
involve a number of business risks and uncertainties. Factors that could cause
actual results to differ materially from any forward-looking statements include,
but are not limited to: current and future market trends and growth
opportunities and whether the Company will be able to capitalize upon them.
Forward-looking statements look into the future and provide an opinion as to the
effect of certain events and trends on the business. Forward-looking statements
may include words such as "plans," "may," "estimates," "expects," "indicates,"
"targeting," "potential" and similar expressions. These forward-looking
statements are based on current expectations and are subject to significant
risks and uncertainties and other factors that could cause actual results to
differ materially from expected results. Readers should not place undue reliance
on forward-looking statements. These forward-looking statements are made as of
the date hereof and the Company assumes no responsibility to update them or
revise them to reflect new events or circumstances, except as required by law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Anaconda Mining Inc.
Dustin Angelo
President and CEO
(647) 260-1248
dangelo@anacondamining.com
www.anacondamining.com


ProConsul Capital Ltd.
Andreas Curkovic
Investor Relations
(416) 577-9927
acurkovic@proconsulcapital.com

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