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Market: TSX
Sector: Gold Mining
Epic: TSX:AUR
News: Latest news
Web Site: Avion Resources
Other Articles: 11-01-201009-07-200919-05-2009

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Friday March 12, 09:50Baobab Resources resumes drilling at Tete iron-vanadium-titanium project

Shares in the company were lifted by the news it started a 12,000 metres scout drilling campaign at its project in Mozambique, with constant updates expected in the next few months.

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Friday March 12, 01:39Circadian Technologies to present at Ultimate Healthcare & Biotechnology Event, March 24

Robert Klupacs, CEO of Circadian Technologies, recommended by US Investment Bank Merriman Curhan Ford, as "the Cheapest Little Antibody Company on the Planet" will present in Sydney.

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Friday March 12, 08:51White Energy enters coal deal with China Guodian Group

White Energy Company (ASX: WEC; OTCQX: WECFY) has inked a non-binding heads of agreement with state owned Guodian Inner Mongolian Energy Sources Co Limited to develop a coal upgrading [...]

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Avion Resources

Avion Resources

Avion Resources is a Canadian-based exploration and development company focused on strategic acquisitions in Africa. Avion has built a team of highly qualified geologists and engineers, as well as a strong operational team, with the goal of becoming a gold producing company in 2009. Avion recently purchased a 100 square kilometre land and mine package in Mali, which contains the Tabokoto mine and the Segala project.
Monday, January 11, 2010

Avion Gold fourth quarter production hits 21,300 ounces, cash costs come in at $495/ounce

Junior gold producer, Avion Gold (TSX-V: AVR) reported record monthly production for the month of December of 8,100 ounces of gold (67,500 tonnes at an average grade of 3.87 g/t with 96.6% recovery) from its Tabakoto/S’gala operations in Mali, West Africa. The record monthly production helped bump the company’s quarterly production to a record level as well, with 21,300 ounces of gold produced in the fourth quarter. Total production for 2009 was 51,300 ounces and is forecast to reach 100,000 ounces in 2010.

Cash costs in the fourth quarter were a very healthy US$495/ounce while full year cash costs are expected to be around $530/ounce.

Avion Gold officially became a commercial producer on May 1, 2009.


"Avion's focus on this mine has resulted in a highly successful new start up, and has set the stage for Avion's continued growth in 2010 and beyond,” Avion's President and CEO,  John Begeman, stated.

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