Avala Resources Ltd.

Avala Resources Ltd.

July 15, 2014 08:50 ET

Avala Resources Files Technical Report for its Timok Gold Project

LONGUEUIL, QUÉBEC--(Marketwired - July 15, 2014) - Avala Resources Ltd. ("Avala") (TSX VENTURE:AVZ) reports the filing of a technical report in accordance with National Instrument 43-101 supporting the results of the preliminary economic assessment and updated mineral resource estimate announced by Avala in its June 20, 2014 news release. The independent technical report entitled "Timok Gold Project, Serbia - Preliminary Economic Assessment and Updated Mineral Resource" has an effective date of May 1, 2014. It is available on SEDAR (www.sedar.com) and on the website of Avala (www.avalaresources.com).

About Avala Resources Ltd.: Avala Resources is a mineral exploration company focused on the exploration and development of the Timok Gold Project in Eastern Serbia. The Timok Gold Project comprises the Bigar Hill, Korkan, and Kraku Pester deposits. Avala controls 100% of this recently identified sediment-hosted gold belt which totals approximately 250 square kilometers.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

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