Allan Cramm, Anaconda's vice president of Innovation & Development will present a new drilling approach that has the potential to unlock value in narrow vein gold deposits. The technology, known as Sustainable Mining by Drilling (SMD), was developed in collaboration with Memorial University of Newfoundland. SMD has the potential to economically mine deposit types that would not be profitable using traditional underground or surface mining methods. The developers also expect this technology could extend the life of current operations by allowing safe excavation to occur beyond the limits of current designs.

"Our new method to mine narrow vein gold deposits is a great example of how collaboration between industry and academia can lead to the creation of globally important technologies. Anaconda's innovative culture and longstanding mining experience combined with Memorial University's research prowess is the winning combination that has brought the SMD idea to fruition. To be one of the finalists in #DisruptMining puts our company and the province of Newfoundland and Labrador on the international stage of mining innovation," said Cramm.