Avion Gold produces 6,926 ounces of gold in November
2009-12-03 17:36 ET - News Release
Mr. John Begeman reports
AVION PRODUCES APPROXIMATELY 7,000 OUNCES OF GOLD DURING NOVEMBER
Avion Gold Corp. produced 6,926 ounces of gold during the month of November (an average of 231 ounces per day).
For the month of November, the company realized an average grade of 3.72 grams per tonne gold, with a 96.8-per-cent mill recovery. Year-to-date production as of the end of November, 2009, has been 49,924 ounces of gold. Production for the month of December is estimated to be approximately 7,100 ounces, and the company maintains its belief that it will achieve the predicted target of 50,000 ounces of gold for 2009.
Commenting on the November production numbers, Avion's president and chief executive officer, John Begeman, stated: "November's mine production has set a new company standard resulting in the highest monthly number of ounces of gold achieved during 2009. The company believes this production rate will be maintained in the month of December, allowing us to achieve our predicted target of a 20,000-ounce fourth quarter, and hence 50,000 ounces for 2009."
Andrew Bradfield, PEng, the chief operating officer of the company, and a qualified person under National Instrument 43-101, has reviewed the scientific and technical information in this press release.
In addition, the company announces that Gerald McCarvill has resigned from the board of directors. Avion would like to thank Mr. McCarvill for his contribution and wishes him well in his future endeavours