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Avnel Gold Mining Ltd.

Publié le 16 octobre 2007

Announces Appointment of VP Exploration

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Mots clés associés :   Gabon | Mali | Precious Metals | Zimbabwe |

Avnel Gold Announces Appointment of VP Exploration

London, U.K. - October 16, 2007 - Avnel Gold (TSX: AVK) is pleased to announce the appointment of Dr Andy Killick as Vice President Exploration.

Dr Killick has a PhD in Geology and 35 years of experience in the minerals industry as a senior exploration director, applied research worker and consultant.  His strengths lie in structural geology, geochemistry and economic geology.  He has worked in 21 African countries and with 16 different commodities and precious metals.

Dr Killick completed a BSc (Geology & Geochemistry) at the University of Cape Town in 1968, a BSc (Hons) Geology at the University of Cape Town in 1969, a MSc (Structural Geology & Rock Mechanics) at the Royal School of Mines, University of London, in 1972 and a PhD (Structural Geology) at the Rand Afrikaans University in 1992.

Andy worked for the JCI Group for 25 years, ultimately becoming General Manager (Geology and Exploration) for JCI Projects Group. During that period his focus was exploration in South Africa, Namibia and Zimbabwe, and latterly management of all specialist geological services to the Group's exploration activities and mines. During this period he represented JCI as one of the joint venture partners who held the Kalana Permit, which is today the main asset of Avnel Gold.

In 1998 he became a founding Director of The Mineral Corporation, responsible for a variety of projects including gold exploration in Tanzania and a five year World Bank-supported regional mapping program in Mauritania, and mineral exploration programs in Gabon.

Andy left the Mineral Corporation in June 2007 and has since been an independent consultant. During 2007 he completed a review of the exploration potential of the Kalana Permit and completed an initial regolith study and geophysics data review of Avnel Gold's Fougadian Permit.

Roy Meade, Avnel Gold's CEO, believes that Dr Killick's appointment demonstrates the confidence that Avnel Gold has in the highly prospective Fougadian and Kalana Permits it holds in Mali.

The Fougadian Permit was awarded to Avnel Mali, a 100% owned subsidiary of Avnel Gold Mining Ltd. Avnel has a 90% interest and the Malian State a 10% interest in the permit. The Fougadian Exploration Permit, which covers 150 square kilometres, was awarded to Avnel in 2006 in accordance with the 1999 Mining Code. Avnel has recently announced exceptional gold in soil anomalies on the Fougadian Permit and has proposed a 40,000metre drill program to test 14 anomalies for gold mineralization. Fougadian is located in southern Mali, immediately south of the producing Kalana Mine and Exploitation Permit.

Avnel has identified 10 drill targets on its 387 sq.km Kalana Permit and has discovered high grade mineralization at the Djirila prospect in the south-east of the Kalana Permit. The Kalana Permit is very prospective and is held by Avnel for a 30 year period starting 2003. Avnel is focusing its exploration activity on the Fougadian Permit at this time.


ON BEHALF
AVNEL GOLD MINING LTD.

 
Roy Meade
Chief Executive Officer

Avnel Gold Mining Ltd.
UK Representative Office
39 Cheval Place
London, SW7 1EW
Phone +44 207 589 9082, FAX+44 207 589 8507
Website: www.avnelgold.com
Email: rmeade@avnelgold.com

Renmark Financial Communications Inc.
Barry Mire : bmire@renmarkfinancial.com
Maurice Dagenais : mdagenais@renmarkfinancial.com
Tel. : (514) 939-3989
Fax : (514) 939-3717
www.renmarkfinancial.com

Caution Regarding Forward Looking Statements:

STATEMENTS REGARDING THE CORPORATION'S PLANS WITH RESPECT TO THE EXPLORATION OF THE FOUGADIAN PERMIT ARE FORWARD-LOOKING STATEMENTS. THERE CAN BE NO ASSURANCE THAT THE EXPLORATION PROGRAM ON THE FOUGADIAN PERMIT WILL IDENTIFY MINERALS RESOURCES.

THE TSX HAS NEITHER APPROVED NOR DISAPPROVED THE FORM OR CONTENT OF THIS INFORMATION RELEASE.

Données et statistiques pour les pays mentionnés : Gabon | Mali | Zimbabwe | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Gabon | Mali | Zimbabwe | Tous

Avnel Gold Mining Ltd.

EXPLORATEUR
CODE : AVK.TO
ISIN : GB00B09Y5410
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Avnel Gold Mining est une société de production minière d'or basée au Royaume-Uni.

Ses principaux projets en exploration sont KALANA GOLD MINE et FOUGADIAN PERMIT au Mali.

Avnel Gold Mining est cotée au Canada. Sa capitalisation boursière aujourd'hui est 162,1 millions CA$ (133,0 millions US$, 111,4 millions €).

La valeur de son action a atteint son plus haut niveau récent le 13 décembre 2006 à 1,25 CA$, et son plus bas niveau récent le 19 décembre 2008 à 0,02 CA$.

Avnel Gold Mining possède 376 989 984 actions en circulation.

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Rapports annuels de Avnel Gold Mining Ltd.
Announces 2007 Annual Results - Period Ended December 31, 20...
Nominations de Avnel Gold Mining Ltd.
25/11/2013appoints Dr. Olivier Féménias as Vice President Geology
23/05/2013announces election of directors
05/08/2008Announces Appointment of Chief Financial Officer
27/03/2008Announces Appointment of Chief Operating Officer
16/10/2007Announces Appointment of VP Exploration
Rapports Financiers de Avnel Gold Mining Ltd.
14/08/2008Announces Second Quarter 2008 Results
15/05/2008Announces First Quarter 2008 Results - Period ended March 31...
14/11/2007Announces Third Quarter 2007 Results
13/08/2007Announces Second Quarter 2007 Results - Period ended June 30...
14/05/2007Announces First Quarter 2007 Results
Projets de Avnel Gold Mining Ltd.
24/03/2014Avnel Announces new mineral resource estimate preliminary ec...
21/01/2011(Kalana Gold Mine)- KALANA UPDATE
26/03/2008(Fougadian Permit) has commenced drilling program on the major gold anomaly di...
Communiqués de Presse de Avnel Gold Mining Ltd.
26/05/2016Avnel Reports Results of Annual General Meeting
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06/05/2016Avnel Gold Files NI 43-101 Technical Report for the Kalana M...
30/03/2016Avnel Announces Definitive Feasibility Study Results for Kal...
30/03/2016Avnel Announces Filing of AIF and Year-End Consolidated Fina...
05/10/2015Avnel Reports That Measured Plus Indicated Resource Increase...
15/09/2015Avnel Successfully Concludes its 30,143 m Over 181 Holes Dri...
12/08/2015Avnel Reports Second Quarter 2015 Financial Results
20/07/2015Avnel Drills 174.0 g/t over 3 m, 6.0 g/t over 15 m, and 7.8 ...
16/07/2015Avnel Drills 174.0 g/t over 3 m, 6.0 g/t over 15 m, and 7.8 ...
17/04/2015Avnel Gold Mining Limited Announces C$12 Million Bought Deal...
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16/10/20072007 Toronto Resource Investment Conference
15/10/2007 Receives Recommendations for Extensive Drill Program to Inv...
17/09/2007Announces Strategic Review
18/07/2007Announces Exceptional Soil Geochemistry Results at its Fouga...
02/04/2007Production at the Kalana Gold mine increases
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