January 14, 2008 09:30 ET

ABV Gold Mandates BK-Arbadia LLC to Appraise Russian Mine Value and Economic Viability

MONTREAL, QC--(Marketwire - January 14, 2008) - ABV Gold (PINKSHEETS: ABVG) (FRANKFURT: AB8), a gold and other precious metals mining company, announced today that it has mandated BK-Arbadia LLC to appraise the value of the Russian Mine as well as its economic viability.

BK Arkadia is a well known Russan independent appraiser registered in the Russian Federation as well as several European Union countries. BK-Arkadia's appraisal is expected to be received by or before January 18, 2008.

"We have mandated BK-Arkadia for their knowledge of this specific Russian Mine and mining industry as well as its superior international reputation and experience," said Daniel Ryan, President of ABV Gold. "The appraisal consists of evaluating the proven reserve, the production, the potential reserve and potential production based on ramp-up and re-tooling," further added Mr. Ryan.

About ABV Gold

ABV Gold is a publicly traded, junior mining exploration company headquartered in Montreal, Canada. The company pursues the acquisition and development of mining properties known to contain significant mineral assets, principally uranium and or gold. For additional information, please visit the corporate website at

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