Avnel Gold Mining Ltd.

Published : May 06th, 2016

Avnel Gold Files NI 43-101 Technical Report for the Kalana Main Project

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Keywords :   Georgia | Gold | Guernsey | Mali |

Avnel Gold Files NI 43-101 Technical Report for the Kalana Main Project

d60c0dab-ea9e-4643-a6d4-22f5f71674a1.pdf

Avnel Gold files NI 43-101 Technical Report for the Kalana Main Project

ST. PETER PORT, GUERNSEY, MAY 6, 2016 - Avnel Gold Mining Limited ("Avnel" or the "Company") (TSX:AVK) is pleased to announce that, further to its news release of March 30, 2016 announcing the feasibility study results for the Kalana Main Project in Mali, the Company has filed with Canadian securities regulators an independent technical report prepared in accordance with National Instrument 43-101 - Standards for Disclosure for Mineral Projects ("NI 43-101") titled "NI 43-101 Technical Report on Kalana Main Project" (the "Kalana Technical Report"). The Kalana Technical Report has an effective date of March 30, 2016 and is dated May 6, 2016 and was compiled by Snowden Mining Industry Consultants (Pty) Limited and Denny Jones Ltd., together with DRA Projects SA (Pty) Ltd., and Epoch Resources (Pty) Ltd. A copy of the Kalana Technical Report can be accessed under the Company's SEDAR profile at www.sedar.com, or on the Company's website at www.avnelgold.com.

About Avnel Gold

Avnel Gold is a TSX-listed gold mining, exploration and development company with operations in south- western Mali in West Africa and has recently completed a feasibility study for its flagship Kalana Main Project. The environmental and social impact assessment to develop the new open-pit mine and the exploitation permit have been granted. The Company's strategic objective is to develop the Kalana Main Project into an open-pit mining operation through its 80% ownership in SOMIKA. A secondary objective of the Company is to explore the remainder of the 387 km2 Kalana Exploitation Permit to discover new mineral deposits.

For further information, please contact:

Howard Miller

CEO and Chairman Phone: +44 207 589 9082

UK Mobile: +44 07768 696129

Canadian Mobile: +1 (416) 726 8174 Email: [email protected]

www.avnelgold.com

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained in this news release.

Read the rest of the article at www.publicnow.com
Data and Statistics for these countries : Georgia | Guernsey | Mali | All
Gold and Silver Prices for these countries : Georgia | Guernsey | Mali | All

Avnel Gold Mining Ltd.

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CODE : AVK.TO
ISIN : GB00B09Y5410
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Avnel Gold Mining is a gold producing company based in United kingdom.

Its main exploration properties are KALANA GOLD MINE and FOUGADIAN PERMIT in Mali.

Avnel Gold Mining is listed in Canada. Its market capitalisation is CA$ 162.1 millions as of today (US$ 133.0 millions, € 111.4 millions).

Its stock quote reached its highest recent level on December 13, 2006 at CA$ 1.25, and its lowest recent point on December 19, 2008 at CA$ 0.02.

Avnel Gold Mining has 376 989 984 shares outstanding.

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Annual reports of Avnel Gold Mining Ltd.
Announces 2007 Annual Results - Period Ended December 31, 20...
Nominations of Avnel Gold Mining Ltd.
11/25/2013appoints Dr. Olivier Féménias as Vice President Geology
5/23/2013announces election of directors
8/5/2008Announces Appointment of Chief Financial Officer
3/27/2008Announces Appointment of Chief Operating Officer
10/16/2007Announces Appointment of VP Exploration
Financials of Avnel Gold Mining Ltd.
8/14/2008Announces Second Quarter 2008 Results
5/15/2008Announces First Quarter 2008 Results - Period ended March 31...
11/14/2007Announces Third Quarter 2007 Results
8/13/2007Announces Second Quarter 2007 Results - Period ended June 30...
5/14/2007Announces First Quarter 2007 Results
Project news of Avnel Gold Mining Ltd.
3/24/2014Avnel Announces new mineral resource estimate preliminary ec...
1/21/2011(Kalana Gold Mine)- KALANA UPDATE
3/26/2008(Fougadian Permit) has commenced drilling program on the major gold anomaly di...
Corporate news of Avnel Gold Mining Ltd.
5/26/2016Avnel Reports Results of Annual General Meeting
5/11/2016Avnel Reports Files First Quarter 2016 Financial Statements ...
5/6/2016Avnel Gold Files NI 43-101 Technical Report for the Kalana M...
3/30/2016Avnel Announces Definitive Feasibility Study Results for Kal...
3/30/2016Avnel Announces Filing of AIF and Year-End Consolidated Fina...
10/5/2015Avnel Reports That Measured Plus Indicated Resource Increase...
9/15/2015Avnel Successfully Concludes its 30,143 m Over 181 Holes Dri...
8/12/2015Avnel Reports Second Quarter 2015 Financial Results
7/20/2015Avnel Drills 174.0 g/t over 3 m, 6.0 g/t over 15 m, and 7.8 ...
7/16/2015Avnel Drills 174.0 g/t over 3 m, 6.0 g/t over 15 m, and 7.8 ...
4/17/2015Avnel Gold Mining Limited Announces C$12 Million Bought Deal...
4/17/2015IIROC Trade Resumption - CWT.UN; AVK
4/16/2015IIROC Trading Halt - AVK
3/31/2015Avnel Confirms Commencement of Drilling at Kalana Main and A...
3/30/2015Avnel Appoints Mr. Andrew King and Mr. Keith McCandlish to t...
3/26/2015Avnel Reports that Diluted Pit-Constrained Indicated Resourc...
3/26/2015Reports That Diluted Pit-Constrained Indicated Resources Inc...
2/5/2015Avnel Gold Announces Commencement of Definitive Feasibility ...
11/13/2014Avnel Gold Provides Kalana Main PFS Update and Reports Third...
11/13/2014Avnel Gold Provides Kalana Main PFS Update and Reports Third...
10/30/2014TSX Delisting Review - Avnel Gold Mining Limited (Symbol: AV...
10/15/2014Avnel Gold Reports that Indicated Resources Increased 55% to...
7/17/2014Avnel Announces Closing of Approximately C$9.9 Million Priva...
7/7/2014TSX Delisting Review - Avnel Gold Mining Limited (Symbol: AV...
6/26/2014Avnel Announces Proposed Private Placement of up to C$13.5 M...
5/23/2014Avnel Gold Announces 2014 AGM Results
5/14/2014Avnel Gold Mining Limited (AVK: TSX) announces first quarter...
4/1/2014Avnel Gold Mining (TSX:AVK) Files NI 43-101 Technical Report...
3/31/2014Avnel Gold Mining Limited (AVK: TSX) Announces 2013 Annual R...
3/24/2014Announces New Mineral Resource Estimate and Preliminary Econ...
3/24/2014Avnel Announces New Mineral Resource Estimate and Preliminar...
10/16/20072007 Toronto Resource Investment Conference
10/15/2007 Receives Recommendations for Extensive Drill Program to Inv...
9/17/2007Announces Strategic Review
7/18/2007Announces Exceptional Soil Geochemistry Results at its Fouga...
4/2/2007Production at the Kalana Gold mine increases
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