SOURCE: Avanti Mining Inc.

Avanti Mining Inc.

August 26, 2013 13:46 ET

Avanti Reports the Start of the Final 30-Day Public Comment on the Comprehensive Study Report of the Kitsault Mine Project

VANCOUVER, BC--(Marketwired - Aug 26, 2013) -  Avanti Mining Inc. (TSX VENTURE: AVT) (PINKSHEETS: AVNMF), through its wholly owned subsidiary Avanti Kitsault Mine Ltd. ("Avanti" or the "Company"), has received notice on the beginning of the final 30-day public comment period on the Comprehensive Study Report (CSR) by the Canadian Environmental Assessment Agency (CEAA). CEAA has been conducting a comprehensive environmental assessment on the Kitsault Mine Project since November 8, 2010.

"This is the final significant milestone in the Kitsault environmental assessment process," said Craig J. Nelsen, President and CEO of Avanti Mining Inc. "We are grateful for the efforts of the many federal agencies that have contributed to this document. The CSR concludes that with the implementation of mitigating measures referred to in the report, the project is not likely to cause significant adverse effects."

The Comprehensive Study Report and more information on this project are available on the Agency's website (http://www.ceaa-acee.gc.ca/050/details-eng.cfm?evaluation=57958). All comments received will be considered public.

Copies of the Comprehensive Study Report are also available for viewing at the following locations:

  • Prince Rupert Public Library
    101 6th Avenue West
    Prince Rupert, British Columbia

  • Terrace Public Library
    4610 Park Avenue
    Terrace, British Columbia

Written comments must be sent by September 22, 2013 to:

Kitsault Mine Project
Canadian Environmental Assessment Agency
410-701 West Georgia Street
Vancouver, BC V7Y 1C6
Telephone: 604-666-2431 Fax: 604-666-6990
kitsault@ceaa-acee.gc.ca

The Company is focused on the development of the past producing Kitsault molybdenum mine located north of Prince Rupert in British Columbia. 

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 release.

Forward-Looking Statements: This news release contains certain forward-looking information concerning the business of Avanti Mining Inc. All statements, other than statements of historical fact, included herein including, without limitation, the Company's plans to participate in and oppose the petition of the Nisga'a, are forward-looking statements. These forward-looking statements are based on the opinions of management at the date the statements are made and are based on assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events to differ materially from those projected in forward-looking statements. Important factors that could cause actual results to differ materially from the Company's expectations include uncertainties inherent in litigation matters, the need for the cooperation of government agencies and native groups and other risks and uncertainties disclosed in the Company's Annual Information Form for the year ended December 31, 2011, which is available at www.sedar.com. The Company is under no obligation to update forward-looking statements if circumstances or management's opinions should change, excepting as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

Contact Information

  • For further information, please visit www.avantimining.com, or contact:

    Craig J. Nelsen
    President & CEO
    720-280-9450

    A.J. Ali
    Chief Financial Officer
    604-620-7670, extension 222

    Mark G. Premo
    Chief Operating Officer
    604-620-7670, extension 223