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AVOT American Video Teleconferencing (CE)

0.02
0.00 (0.00%)
29 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
American Video Teleconferencing (CE) USOTC:AVOT OTCMarkets 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% 0.02 0.00 00:00:00

AVOT Mining Moves to Secure High Grade Molybdenum Property

27/06/2011 4:51pm

GlobeNewswire Inc.


American Video Teleconfe... (CE) (USOTC:AVOT)
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American Video Teleconferencing Corp.'s (Pink Sheets:AVOT) mining arm AVOT Mining has a company representative in Montreal validating the title just prior to entering into a formal agreement to acquire an exclusive option on a very promising molybdenum property in the Fort Colounge area of the province of Quebec. Previous trenching in 1959 exposed a very high grade molybdenite zone at intervals over a length of more than 110 feet and widths ranging from 3 feet to 10 feet. During the summer of 1959, two short diamond drill holes of 25 feet each showed heavy molybdenite mineralization through the first 6 feet of the core and again near the bottom of the drill hole. The molybdenite occurs as disseminated flakes as big as 2 inches in diameter. It was reported at the time that 200 lbs of hand selected pure molybdenum was able to be removed from the showing in one day. Some of the values assayed at the Quebec department of mines gave the following values:

% of Molybdenite  % of Molybdenite (calculated)
15.80 25.20
9.68 16.07
8.35 13.86
5.60 9.30
2.79 4.63

Once title has been confirmed, a geologist will be hired to locate the former showings and formulate a n exploration program to confirm and expand the past results.

This property is only one of several properties the company has under consideration in the province of Quebec.

To contact the company, email dealseekers10@gmail.com or

Visit the company website at www.avotmining.com

On behalf of the board Scott Van Boeyen President

CONTACT: American Video Teleconferencing Corp.
         Scott Van Boeyen
         438-838-7056

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