The multi-million-ounce Tres Cruces gold deposit was discovered in 1996, but it sat in “suspended animation”…hidden away from investors...for decades.

Now Anacortes Mining (XYZ.V) has been created to bring this massive, under-drilled gold deposit to the market — and use it as the first big step in creating a new mid-tier gold producer.

Dear Fellow Investor,

Imagine if a world-class discovery was made a quarter-century ago…a deposit boasting millions of ounces of high-grade gold…but due to a weird combination of factors it was put on the shelf and forgotten about.

Now imagine that the stunning attributes of this deposit are finally being revealed to the market — and you’re among the first investors to learn of them.

That’s precisely the opportunity that’s facing you now.

Because the Tres Cruces gold deposit in Peru is massive, high-grade and strategically located…and yet has remained in “suspended animation” for fully 25 years…

…And is only now being “re-animated” by a dream team of mine developers in Anacortes Mining (XYZ.V).

A Big Discovery Resurrected

Make no mistake, the Tres Cruces gold deposit now owned by Anacortes is a monster by any measurement. Consider these facts:

• A massive gold resource of 2.474 million ounces — so far — in pit-constrained, indicated resources at an average grade of 1.65 g/t

• The resource includes 630,000 ounces of extremely high-grade oxide and leachable sulfide resource averaging 1.28 g/t gold.

• The deposit features numerous eye-popping drill hole intercepts — including 192 meters of 3.4 g/t gold…195 meters of 1.81 g/t gold…87 meters of 3.42 g/t gold…66.0 meters of 4.30 g/t gold…89.5 meters of 2.66 g/t gold and more — any one of which would light the market afire today.

• And all of this is just the start, as the resource is open to significant expansion. (And you’re not going to believe why!)

Perhaps most importantly for you and other investors reading this, a key catalyst is coming up that will unlock much of this hidden value in Anacortes Mining.

But first, let’s take a look at how this opportunity came to be….

Locked Away By Barrick Gold For 17 Years!

The Tres Cruces deposit was discovered by a company named Oroperu Resources in 1996. The fledgling gold exploration company boasted Jim Blanchard — the founder of the New Orleans Investment Conference and Gold Newsletter — as a co-founder.

So, excitement was high when, shortly after acquiring the property, Oroperu’s drills started hitting gold. And a lot of it.

Oroperu was in a partnership with Pan American Silver on the project, and they brought in Battle Mountain Gold as a partner to put a lot of drillholes into Tres Cruces.

But then the first setback occurred, as the gold market crashed in the late 1990s, with the price of the yellow metal reaching a low of just $252/ounce.

In the early 2000s, just as the gold market was waking up, Oroperu jumped on the opportunity to acquire Pan American’s 50% interest in Tres Cruces. It then signed an extraordinary joint venture with Barrick Gold, which owned the nearby Lagunas Norte mine.

That agreement was extraordinary because it gave Barrick fully 17 years to explore Tres Cruces at its leisure. All it had to do was pay Oroperu $250,000 a year and, at the end of the 17 years, either make the decision to bring Tres Cruces into production or give it back to Oroperu.

So Barrick was in no hurry to do anything with Tres Cruces. And in fact, they drilled just enough holes to prove that the deposit was of sufficient size to augment its Lagunas Norte mine…and then they stopped.

They even stopped holes that ended in super-rich gold grades!

Consider some of these holes that ended in mineralization, but were never followed up on:

• Hole 278: 19.5 meters of 11.01g/t gold…ending in mineralization

• Hole 255: 228.0 meters of 2.95 g/t gold…ending in mineralization

• Hole 285: 130.0 meters (beginning at surface) of 1.84 g/t gold…ending in mineralization

The list goes on and on. Barrick simply didn’t follow up on these amazing holes because they had already learned enough to know that Tres Cruces wouldn’t move the needle for them at Lagunas Norte as it was producing as much as one million ounces a year at this time…

…And their agreement let them put off any decisions — keeping Tres Cruces in cold storage — until 2020!

The Opportunity Facing You Now

Here’s how the real opportunity — the one presented to us today — developed from there….

At the end of 2018, Barrick had exhausted the oxide resources at Lagunas Norte and was facing a big capital expenditure to re-fit the mine for the remaining sulfide resources.

Instead of going through all of that, Barrick’s new management team (which is intent on streamlining the company) decided to sell Lagunas Norte and return 100% control back to what had then become New Oroperu (after a share consolidation)

The management of New Oroperu knew that they had a tiger by the tail with Tres Cruces. They’d need a lot of money to advance it, and a team with the special skill set to do so.

They found all of the above in a new company that had been created by some of the most successful mine-finders and mine-builders around — a company set up with a goal of acquiring the best resource projects on the planet.

That company is Anacortes Mining Corp.

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Now In The Hands Of A “Dream Team”

Anacortes was essentially created for Tres Cruces, as a merger between New Oroperu and a shell company that featured a team of seasoned professionals to work on Tres Cruces.

That team is highlighted by none other than Jim Currie as president and CEO.

With over 40 years of experience, Currie has seen it all during stints as COO of Equinox Gold, Pretium Resources and New Gold. In fact, he was the 2014 Co-Winner of AME BC’s prestigious EA Scholtz Award for Excellence in Mine Development for his role in building New Gold’s New Afton mine.

Currie has his hand-picked team of mine-builders backing him, both within the company and in advisory roles. Importantly, the merger with New Oroperu also featured a C$22 million financing, giving Anacortes a hefty treasury with which to advance Tres Cruces.

And get this: As big and impactful as Tres Cruces is, Currie and his team plan to use it as the foundation for a new mid-tier gold producer. They’re on the lookout for other big projects to bring into the fold.

With their backing, the sky’s the limit.

But for now, the big payoff will come from what they’re about to do with Tres Cruces.

Deeply Undervalued — And Poised For A Major Re-Rating

Despite millions of ounces of gold and a rich treasury, Anacortes has a remarkably small market value right now of only around C$60 million.

That’s largely because the market just doesn’t know about this amazing story yet. But it’s about to be woken up soon. Anacortes, which only began trading in October, has stated three catalysts that promise to make headlines in the weeks and months ahead:

• A preliminary economic assessment (PEA) for the 630,000 ounces of oxide resources at Tres Cruces.

• A new drill program, described as next steps to confirm and expand the current resource estimate

• A feasibility study for the oxide project later in the first half of 2022.

Each of these developments could prompt a re-rating of Anacortes more in line with other multi-million-ounce developers, and this could be very rewarding for those who invest in the company at the current low share price.

The PEA will show the market how profitable a mining operation on merely the oxide portion of Tres Cruces could be, and the feasibility study will allow institutions the confidence to address the financing of the project.

But the real kicker will come with the drill program.

For one thing, Anacortes will seek to confirm previous drilling. That means some of those monster drill holes could be replicated.

Can you imagine what intersections like those will do in today’s market?

Then, the company will look to explore the very significant upside potential remaining at Tres Cruces.

Remember, the current 2.47-million-ounce resource is pit-constrained. It doesn’t represent the limits of the gold mineralization that has been drilled.

Also remember how many holes ended in rich gold mineralization and were never followed up on.

Bottom line: Even though Barrick and others had drilled 271 holes in Tres Cruces, outlining 2.47 million ounces of high-grade gold, a confluence of strange factors means that they only scratched the surface of this deposit’s potential.

That potential is going to be put on full display for investors around the world when the drills start turning.

Time Is Short…

There’s so much more to the amazing story of Anacortes Mining and the Tres Cruces deposit…but the crux of the story is this:

A multi-million-ounce gold deposit has essentially been “re-discovered”…it’s trading for pennies on the dollar because very few investors know about it…

…And all that’s about to change.

Anacortes states in its presentation it plans to begin drilling on Tres Cruces as part of its next steps. There seems little doubt that it will be duplicating some of those monster holes from years past, unleashing them onto today’s market.

Can you imagine what drill results like 192.0 meters of 3.40 g/t gold…or 66.0 meters of 4.30 g/t gold…or 36.0 meters of 7.51 g/t gold would do in the current market?

The simple fact is, we’re about to find out. And our choice is whether we’re going to own the stock, or not, when that happens.

Time is short, and the time to consider Anacortes Mining is now.

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