Anaconda Mining Inc. announced that it has initiated a 1,000 metre diamond drill program at the past producing Lower Seal Harbour Property, located 1.6 kilometres southeast of the Company's 100%-owned Goldboro Gold Project in Guysborough County, Nova Scotia. As previously announced in July 2019, the Company has entered into an option agreement to acquire a 100% interest in Lower Seal Harbour. The Drill Program is focused on testing known gold mineralization hosted on the north limb of an anticlinal structure that is parallel to a similar anticline that hosts the Goldboro Deposit, located approximately 3 kilometres to the north. The Program will include the twinning of two historic drill holes to confirm high-grade intersections and to sample adjacent wall rock for low-grade mineralization, and testing whether the anticlinal structure immediately south of historical mining activity contains gold mineralization at shallow levels, particularly within the center of the anticline. The Company also plans to drill test two geophysical IP chargeability anomalies that have not been previously tested. Proximity to Anaconda's Goldboro Gold Project, within a similar geological setting and mineralization characteristics; Significant high-grade, historical drill intercepts reported by previous exploration work conducted in the 1980's consisting of 9,506.9 metres in thirty-nine drill holes, including: 18.91 grams per tonne gold over 1.69 metres including 87.54 g/t over 0.33 metres in hole LSH-88-021. 7.49 g/t gold over 3.65 metres including 106.01 g/t over 0.25 metres in hole LSH-87-011. 9.63 g/t gold over 1.46 metres in hole LSH-87-009 and 5.14 g/t gold over 2.18 metres in hole LSH-88-021. History of intermittent past production from 1904-1949 and reported 34,295 ounces of recovered gold and Historic mineralization remains open for expansion along strike and at depth.