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AVT

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Share Name Share Symbol Market Type
TSXV:AVT TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Avanti Mining Receives Environmental Approval From the Government of Canada for Its Kitsault Project

30/06/2014 1:30pm

Marketwired Canada


Avanti Mining Inc. (TSX VENTURE:AVT) ("Avanti") is pleased to announce that
approval of its environmental assessment application has been granted by the
Hon. Leona Aglukkaq, Minister of the Environment, Government of Canada on June
27, 2014. The decision, reached after a comprehensive, science-based review led
by the Canadian Environmental Assessment Agency ("CEAA"), concluded that the
project is not expected to result in any significant adverse effects based on
the mitigation measures and conditions of the environmental assessment approval.
The CEAA and federal Ministers also concluded that the Crown's legal obligation
to consult with First Nations and the Nisga'a Nation under chapter 10 of the
Nisga'a Final Agreement, had been met.


"We are delighted with the decision of the Government of Canada to approve our
environmental application," said Gordon Bogden, President and CEO of Avanti.
"With this significant milestone having been achieved, we can now concentrate on
the construction phase of the mine, our efforts on our project debt negotiations
with our banking syndicate, and the exploration of other financial options
including a sale of silver stream and/or investment by a strategic partner". 


Avanti is focused on the development of the past producing Kitsault molybdenum
mine located north of Prince Rupert, British Columbia. The Kitsault Mine Project
received an environmental assessment certificate from the province of British
Columbia in March of 2013, and an amended Mines Act permit on June 16, 2014.


For further information, please visit www.avantimining.com.

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. (the "Corporation").
All statements, other than statements of historical fact, included herein
including, without limitation; statements related to the construction of the
Kitsault mine and the successful conclusion of debt finance, 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 Corporation's expectations include the need for cooperation
of government agencies and native groups in the exploration and development of
properties and the issuance of required permits; and other risks and
uncertainties disclosed in the Corporation's MD&A and the Annual Information
Form for the year ended December 31, 2013, which are available at www.sedar.com.
The Corporation is under no obligation to update forward-looking statements if
circumstances or management's opinions should change, except as required by
applicable securities laws. The reader is cautioned not to place undue reliance
on forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Avanti Mining Inc.
Gordon J. Bogden
President and Chief Executive Officer
(416) 847-0376


Avanti Mining Inc.
Graham du Preez
Chief Financial Officer
(416) 847-0376
www.avantimining.com

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