Mining Explorers 2013: Anconia Resources Corp.

Last updated 11/3/2013 at Noon

ARA: TSX-V

Interim Chairman, President

and CEO: Jason Brewster

Chief Financial Officer:

Harvey McKenzie

Lead Director: Denis Clement

Anconia Resources Corp. followed up earlier exploration in 2013 on its Atlas Group of claims located about 170 kilometers (105.4 miles), south of Baker Lake in the Kivalliq region of Nunavut.

The Atlas properties, formerly known as the Zac and Marce properties, cover about 35.4 square kilometers (13.7 square miles) and host the Atlas-1 discovery made in 2012 as well as the Zac occurrence and the Silty Lake geophysical anomaly.

Atlas-1 is a stratiform volcanogenic massive sulphide deposit with drilled intersections of 9.8 meters of 0.47 grams per metric ton gold, 113 g/t silver, 0.29 percent copper, 0.64 percent lead and 6.97 percent zinc in hole MRC 12-08, and 8.4 meters of 1.50 g/t gold, 152.9 g/t silver, 1.1 percent copper, 0.02 percent lead and 1.06 percent zinc in hole MRC 12-04.

The deposit also boasts an associated but distinct secondary system that has high precious metal content averaging 11.7 g/t gold and 1,364 g/t silver over 3.6 meters, including one meter of 35.9 g/t gold and 3,590 g/t silver.

Exploration expenses in Nunavut for the nine months ended June 30, 2013 totaled C$415,493.

In August, Anconia began a drilling program of up to 2,000 meters (weather and conditions dependent) on the three targets.

The drilling was focused on expansion of known mineralization at the Atlas-1 discovery as well as initial testing of both the Silty Lake anomaly and a large gravity feature at the Zac occurrence located about 20 kilometers (12.4 miles) northeast of Atlas-1.