Avanti Mining Plc.

Published : June 24th, 2014

Avanti Mining Commences Construction at the Kitsault Project

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Keywords :   Molybdenum |

Avanti Mining Commences Construction at the Kitsault Project

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 24, 2014) - Avanti Mining Inc. (TSX VENTURE:AVT)(AVNMF) ("Avanti") is pleased to announce the commencement of construction activities at its Kitsault project on June 23, 2014, after receiving an "Occupant License to Cut" from the BC Ministry of Forests Lands and Natural Resource Operations and other secondary construction related approvals.

The receipt of these approvals, which followed the amended Mines Act permit issued on June 13, 2014, allowed Avanti to initiate site activities at Kitsault. Contractors have now started with road construction and are being mobilized to commence camp construction activities.

"We are very excited about the commencement of construction work at Kitsault," said Jeff Lowe, Chief Operating Officer of Avanti. "This is a significant milestone for the Kitsault molybdenum project and marks the completion of a very important aspect of Avanti's permitting efforts."

Avanti is focused on the development of the past-producing Kitsault molybdenum mine located north of Prince Rupert, British Columbia. The Kitsault Mine Project received an environmental assessment certificate from the province of British Columbia in March 2013 and an amended Mines Act Permit (M-10) on June 13, 2014. A federal environmental assessment decision is expected in the near future.

For further information, please visit www.avantimining.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements: This news release contains certain forward-looking information concerning the business of Avanti Mining Inc. (the "Corporation"). All statements, other than statements of historical fact, included herein including, without limitation; statements related to the receipt of the environmental assessment decision are forward-looking statements. These forward-looking statements are based on the opinions of management at the date the statements are made and are based on assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events to differ materially from those projected in forward-looking statements. Important factors that could cause actual results to differ materially from the Corporation's expectations include the need for cooperation of government agencies and native groups in the exploration and development of properties and the issuance of required permits; and other risks and uncertainties disclosed in the Corporation's MD&A and the Annual Information Form for the year ended December 31, 2013, which are available at www.sedar.com. The Corporation is under no obligation to update forward-looking statements if circumstances or management's opinions should change, except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

Read the rest of the article at finance.yahoo.com

Avanti Mining Plc.

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Avanti Mining is a lead and silver development stage company based in Canada.

Avanti Mining develops lead, silver and molybdenum in Canada, and holds various exploration projects in Canada.

Its main asset in development is KITSAULT in Canada and its main exploration property is ROUNDY CREEK in Canada.

Avanti Mining is listed in Canada. Its market capitalisation is CA$ 6.8 millions as of today (US$ 5.2 millions, € 4.5 millions).

Its stock quote reached its highest recent level on December 31, 2010 at CA$ 0.37, and its lowest recent point on April 29, 2016 at CA$ 0.01.

Avanti Mining has 151 826 295 shares outstanding.

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Project news of Avanti Mining Plc.
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2/4/2011(Kitsault)NI 43-101 Feasibility Study
3/8/2010(Kitsault)Appoints AMEC To Prepare Feasibility Study
3/2/2010(Kitsault)Satisfies final conditions for purchase of contiguous minera...
1/14/2010(Kitsault)Expands land holdings 300% by purchase of contiguous mineral...
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8/2/2014Avanti Mining Issues Shares in Lieu of Cash for Interest Pay...
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6/19/2014Avanti Mining Grants Stock Options
6/16/2014Avanti Mining Receives an Amended Mines Act Permit for the K...
6/3/2014Avanti Mining and the Nisga'a Nation Conclude Kitsault Mine ...
6/3/2014Avanti Mining Reports Results from Annual Meeting
4/30/2014Avanti Mining Grants Stock Options
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11/23/2013Increases Amount of Preconstruction Loan to US$50 Million an...
11/14/2013(Kitsault)Further Optimizes Kitsault Feasibility Study
10/31/2013Arranges US$40 Million Preconstruction Loan
10/22/2013Draws Down US$5 Million on Loan Facility
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8/26/2013Reports the Start of the Final 30-Day Public Comment on the ...
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7/11/2013Grants Stock Options
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4/19/2013Makes Payment to Nicholas Carter Pursuant to Purchase and Sa...
3/15/2013Responds to Nisga'a Dispute Resolution
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12/12/2012Grants Stock Options
7/3/2012Closes US$20 Million Bridge Loan
5/3/2012Iinc. Final Environmental Assessment Application Accepted by...
5/1/2012Final Environmental Assessment Application Accepted for Form...
4/24/2012Grants Stock Options
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6/28/2010Receives section (10) order under Environmental Assessment A...
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5/5/2010Dissemination of its CEO TV Interview
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4/12/2010Receives Environmental Assessment Act Order Under Section 7(...
2/23/2010Closes C$17 Million Public Offering
2/16/2010Enters Into Underwriting Agreement
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1/22/2010Files Preliminary Prospectus
11/9/2009Board & Management Changes
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6/11/2009Amends Advisory Services Agreement with Featherstone Capital...
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