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Avion Gold Corp AVGCF



GREY:AVGCF - Post by User

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Post by texasbobon Dec 03, 2009 5:31pm
382 Views
Post# 16552066

6,926 oz in Nov

6,926 oz in Nov
Avion Produces Approximately 7,000 Ounces of Gold During November Babel Fish Translation


TORONTO,ONTARIO--(Marketwire - Dec. 3, 2009) - Avion Gold Corporation (TSXVENTURE:AVR) ("Avion" or the "Company") is pleased to announce that itproduced 6,926 ounces of gold during the month of November (an averageof 231 ounces per day).

For the month of November, the Company realized an average grade of3.72 g/t Au, with a 96.8% mill recovery. Year-to-date production as ofthe end of November, 2009, has been 49,924 ounces of gold. Productionfor the month of December is estimated to be approximately 7,100ounces, and the Company maintains its belief that it will achieve thepredicted target of 50,000 ounces of gold for 2009.

Commenting on the November production numbers, Avion's Presidentand CEO, Mr. John Begeman, stated: "November's mine production has seta new Company standard resulting in the highest monthly number ofounces of gold achieved during 2009. The Company believes thisproduction rate will be maintained in the month of December, allowingus to achieve our predicted target of a 20,000 oz. fourth quarter, andhence 50,000 ounces for 2009."

Andrew Bradfield, P.Eng., the Chief Operating Officer of theCompany, and a qualified person under National Instrument 43-101, hasreviewed the scientific and technical information in this press release.

In addition, the Company announces that Mr. Gerald McCarvill hasresigned from the Board of Directors. Avion would like to thank Mr.McCarvill for his contribution and wish him well in his futureendeavors.

About Avion Gold Corporation

Avion is a Canadian-based gold mining company focused in WestAfrica. The Company holds 80% of the Tabakoto and Segala gold projectsin Mali. Gold production at these projects has commenced, withapproximately 50,000 ounces of production forecast for 2009 rising to101,400 ounces in 2012. Avion has a highly skilled management team,with a focus on growth and consolidation within West Africa

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