SOURCE: American International Ventures, Inc.
WINNEMUCCA, NV--(Marketwire - Jul 16, 2012) - American International Ventures, Inc. (OTCBB: AIVN) (OTCQB: AIVN) negotiates 30-day option to purchase Natchez Pass LLC. The option agreement allows AIVN to explore and sample approximately fifty permitted unpatented placer and lode claims commonly known as the Nick Mine in Pershing County, Nevada.
The Nick Mine property in Imlay, NV is only approximately twenty five miles from AIVN's Golden Eagle Properties near Winnemucca, Nevada.
Brandon Nash, CEO of AIVN, will head the Company's geology team to determine the fair market value of the Nick Mine, as well as measuring the bulk tonnage to determine an inferred gold (AU) evaluation of the mine life.
Tucker White, PRESIDENT of AIVN, will refurbish the existing wash plant and add a gold trommel capable of running 250 tons per hour once the definitive Sale and Purchase Agreement is executed within the next 30 days.
AIVN's Golden Eagle received its first State inspection on July 11, 2012, and received thumbs up from the Nevada State Inspector. Mr. White also hired a well known environmental firm (AMEC) from Reno, Nevada, to complete the permitting process on the 704 patented acres of the Golden Eagle.
Cautionary Note Regarding Forward-Looking Statements and Information concerning mineral resources. This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and US securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the anticipated content, commencement and cost of mining programs, anticipated exploration and metallurgical test program results, the discovery and delineation of mineral deposits/resources/reserves, the potential for any mining or production at Golden Eagle Mineral are to be considered forward-looking statements. Except as required by the Federal Securities law, AIVN does not undertake any obligation to revise or update any forward-looking statements contained herein after the date hereof.