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    Avion Reports Q2 Production of 28,640 Ounces

    Investing News Network
    Jul. 09, 2012 09:02AM PST
    Gold Investing

    Avion Gold Corporation (TSX:AVR) announced record second quarter results, with approximately 28,637 ounces of gold, setting a second consecutive quarterly record with 54,894 ounces of gold production after refinery reduction to date for 2012.

    Avion Gold Corporation (TSX:AVR) announced record second quarter results, with approximately 28,637 ounces of gold, setting a second consecutive quarterly record with 54,894 ounces of gold production after refinery reduction to date for 2012.

    As quoted in the press release:

    During the second quarter of 2012, the Company milled 191,500 tonnes of ore at an average grade of 5.05 g/t Au, with a 92.5% mill recovery.

    Mr. Andrew Bradfield, Avion’s Chief Operating Officer, commented:

    The Tabakoto Mine has had two consecutive record production quarters that were achieved despite a military coup in the first quarter of 2012, and subsequent destabilization of the Malian government. The Tabakoto underground mine continues to produce higher than expected ore grades with a lower amount of ore dilution at higher processing recoveries than planned, that when combined with good open pit grades resulted in an excellent quarter.

    Click here to read the full press release.

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