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Avnel Gold Mining Inc.

opaxe

Summary

Project:

Kalana

Deposit:Kalana Main
Location:Mali
Commodities:Gold
Date:3/30/2016
Report Code:NI43-101
Report Type:Feasibility Study
Project Stage:Active Mining & Production
Report details:30-3-2016: Avnel Gold Mining Inc. announces a Feasibility Study report for its Kalana Main deposit at the Kalana project. DFS results for Kalana Main incl. post-tax NPV (8%) of $196M, IRR of 38%, 1.2 year payback. refer to Full Report tab
Resources:(Reserve, P+P): 21.7Mt @ 2.80g/t Au for 1.964Moz Au contained at Kalana Main
CP/QP:[Resources]: Ivor Jones (Denny Jones Pty Ltd.)
ABSTRACT:refer to Full Report tab

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