Avanti Mining Commences Construction at the Kitsault Project
June 24 2014 - 8:30AM
Marketwired
Avanti Mining Commences Construction at the Kitsault Project
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 24, 2014) -
Avanti Mining Inc. (TSX-VENTURE:AVT)(PINKSHEETS: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.
Gordon J. BogdenPresident and Chief Executive Officer(416)
847-0376Graham du PreezChief Financial Officer(416) 847-0376