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| | December 05, 2008
Avanti Mining Signs Communication Protocol With Nisga'a Lisims Government
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| | Vancouver, British Columbia: Avanti Mining Inc. (CNQ:AVT) ("Avanti") is pleased to report that it has signed a Communication Protocol with the Nisga'a Lisims Government pertaining to the proposed development of its Kitsault molybdenum mine located in British Columbia. The purpose of this Protocol is to facilitate communication and information exchange in respect of the proposed development of the Kitsault mine. The mine is located in the Nass Wildlife Area and the Nass Area where the Nisga'a Nation has specific constitutionally protected rights under the Nisga'a Treaty. The Protocol will aid in establishing the foundation for a productive and respectful relationship between all parties.
Craig J. Nelsen, Avanti's President and CEO, states, "we welcome the opportunity to formally engage in dialogue with the Nisga'a Nation regarding how we can honor their Treaty while jointly exploring the opportunities associated with the proposed Kitsault mine."
Avanti Mining Inc. is a company focused on acquiring, exploring, and developing mineral resource projects. It intends to acquire advanced Molybdenum prospects and move them towards development; to purchase by-product Molybdenum production streams from copper producers; and to become a consolidator in the junior Molybdenum market.
For further information, please visit www.avantimining.com, or contact:
Craig J. Nelsen, Chief Executive Officer, 303-565-5491, extension 13, or
Cheryl A. Martin, Senior Vice President, Investor Relations, 303-565-5491, extension 12
The CNQ Stock Exchange does not accept responsibility for the adequacy or accuracy of this news 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; anticipated dates for receipt of permits and approvals, construction and production, and other milestones; anticipated results of drilling programs, feasibility studies and other analyses; estimated timing and amounts of future expenditures, and the Corporation's future production, operating and capital costs, operating or financial performance, 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 fluctuations in commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated economic return; the need for cooperation of government agencies and native groups in the exploration and development of properties and the issuance of required permits; the need to obtain additional financing to develop properties and uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development programs or in construction projects and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals; and other risks and uncertainties disclosed in the Corporation's prospectus dated July 31, 2007, which is 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. |
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| | You can view the Next News Releases item: Mon Dec 8, 2008, Avanti Mining Announces Partial Results Of Recent Drilling Program At The Kitsault Molybdenum Mine
You can view the Previous News Releases item: Mon Nov 3, 2008, Avanti Mining Receives Positive Preliminary Economic Assessment On The Kitsault Molybdenum Property, British Columbia, Canada
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