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    Avanti Receives Preliminary Results of 81 Meters of Grading 0.383% Mo

    Investing News Network
    Nov. 23, 2010 05:07PM PST
    Industrial Metals Investing

    Avanti Mining Inc. (CVE:AVT) reports that it has received results of an initial six hole program intended to confirm historical drill information at its Roundy Creek prospect, northwest BC.

    Avanti Mining Inc. (TSXV:AVT) reports that it has received results of an initial six hole program intended to confirm historical drill information at its Roundy Creek prospect, northwest BC.

    The press release is quoted as saying:

     The Roundy Creek deposits consist of three contiguous zones which from west to east are; the Sunlight Zone, Sunshine Creek Zone and Roundy Zone. All six holes were drilled within the central Sunshine Creek Zone of this prospect. Hole RC10-2 encountered 81 meters grading 0.383% Mo starting at 3 meters below the surface. Included within this interval were 48 meters grading 0.611% Mo from 21 meters depth and 21 meters grading 1.212% Mo from 48 meters. True thicknesses are not understood at this point in time.

    Avanti Mining’s President and CEO, Craig J Nelsen says:

    “Avanti has been aware of the very high grade nature of Roundy Creek since it acquired Kitsault in 2008. This initial program was intended to confirm that these historic grades are present and to plan a follow-up program for 2011. While Roundy Creek is not a component in the  Feasibility Study at Kitsault expected to be completed by December 15th, it is important that we understand the controls on this prospect to be able to determine if Roundy Creek could contribute a small tonnage of high grade material in the early years of Kitsault.”

    Click here to access the entire news release.

    Click here to access Avanti’s company profile.

    tsxv:avtavanti miningavanti mining inc
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