🕐11.10.11 - 16:54 Uhr
AVANTI RECEIVES APPROVAL FOR KITSAULT ENVIRONMENTAL ASSESSMENT APPLICATION INFORMATION REQUIREMENTS
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Re: News Release - Tuesday, October 11, 2011
Avanti Receives Approval for Kitsault Environmental Assessment
Application Information Requirements
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Vancouver, British Columbia: Avanti Mining Inc.
(TSX-V: AVT) (OTC:
AVNMF.PK) ("Avanti" or the "Company") is pleased to announce that it
has received approval for the Application Information Requirements
(AIR) of its Environmental Assessment (EA) for the Kitsault Mine
Project in northern BC.
This document meets the requirements of the
British Columbia Environmental Assesment Act and the Canadian
Environmental Assessment Act.
The AIR specifies the information that
must be contained in the EA Application for the Environmental
Certificate and is valid for a period of three years from its approval
date of October 6, 2011.
"Approval of the AIR is a significant milestone within the
Environmental Assessment process," Mr.
Craig J.
Nelsen, President and
CEO stated.
"With its acceptance, all the information needed in the EA
Application is specified.
Avanti and its consultants have been
collecting and analyzing new environmental baseline information, as
well as over twenty years of previous operators environmental and
reclamation information to inform this application.
The EA Application
is substantially complete and we hope to submit it for screening review
to the regulators during the current quarter."
The approval issued pursuant to a section 13 Order dated June 3, 2011,
also incorporates the comments of First Nations, Nisgaa Nation,
provincial, federal and local governments as well as those of the
public.
It also provides a plan for similar engagement of public
comments on the EA Application.
The AIR is posted on the EAOs Project
Information Center website at www.eao.gov.bc.ca.
Avanti Mining Inc.
is focused on the development of the past producing
Kitsault Mine Project located north of Prince Rupert in British
Columbia.
In late 2010, Avanti completed the Kitsault Feasibility Study
on the Kitsault Mine Project, dated December 15, 2010, prepared by AMEC
Americas Limited that showed Proven and Probable Reserves of 232.5
million tonnes averaging 0.081% molybdenum.
Ken Collison, P.
Eng.,
Senior Vice President Project Development and a Qualified Persons as
defined by NI 43-101, is responsible for the technical information in
this press release.
For further information, please visit www.avantimining.com, or contact:
Craig J.
Nelsen, Chief Executive Officer, 303-565-5491 , extension 4471,
or
A.J.
Ali, Chief Financial Officer, 303-565-5491 , extension 4472
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 in particular, statements herein about the submission
by the Corporation of its Environmental Assessment application for the
Kitsault Project during the fourth quarter of 2011, 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 Corporations
expectations include the need for cooperation of government agencies
and native groups in the preparation of the EA application, the fact
that the Corporations employees and consultants may divide their time
between other projects and other risks and uncertainties disclosed in
the Corporations Annual Information Form for the year ended December
31, 2010, which is available at www.sedar.com.
The Corporation is under
no obligation to update forward-looking statements if circumstances or
managements opinions should change, excepting as required by
applicable securities laws.
The reader is cautioned not to place undue
reliance on forward-looking statements.
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Copyright (c) 2011 AVANTI MINING CORP.
(AVMI) All rights reserved.
For more information visit our website at http://www.avantimining.com/
or send mailto:
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