Avion Resources Corp

Welcome To The Avion Resources Corp HUB On AGORACOM Edit this title from the Fast Facts Section

This is good!!!

Avion Extends High Grade Tabakoto Mineralization to Depth
Avion Extends High Grade Tabakoto Mineralization to Depth

TORONTO, ONTARIO, Sep. 9, 2010 (Marketwire) -- Avion Gold Corporation (TSX VENTURE:AVR)(OTCQX:AVGCF) ("Avion") is pleased to announce new drill results for the area below the Tabakoto Pit. This area has been previously identified as hosting gold mineralized, northeast-trending cross structures (see Figures). Significant intercepts include the following:



-- 16.06 g/t Au over 6.8 metres

-- 11.48 g/t Au over 7.9 metres

-- 7.84 g/t Au over 5.1 metres

-- 9.19 g/t Au over 5.0 metres

-- 7.82 g/t Au over 3.7 metres

-- 35.0 g/t Au over 2.7 metres



The Tabakoto pit area, which extends from Avion's recently announced Dioulafoundou discovery to the south up to the Dar Salam zone in the north, just over 4 kilometres long. This area is cut by more a multitude of northeast- and northwest-trending, typically high grade, gold-bearing structures. These structures are the focus of Avion's exploration plans and underground mine development at Tabakoto. To date exploration drilling in 2010 focused on seven of these cross-structures, in the immediate Tabakoto pit area. This release presents results on three of these cross structures. Subsequent exploration updates will present the drilling results on the other cross structures when available. It is expected that future exploration will focus on systematically defining the known cross structures and tracing them along strike and down plunge.

Avion's recent drilling has traced two, steeply-south-dipping, steep-southeast-plunging, northeast-trending cross structures, NE1 and NE2 (figures 3 and 4). These structures have been defined to approximately 300 metres below surface, where they are open down plunge, and from 225 to 300 metres along strike. This drilling is designed to further support planning for Avion's new Tabakoto underground mine. The gold mineralized portion of the NE1 cross structure has been traced for approximately 300 metres along strike and the NE2 cross structure, which is located 25 to 40 metres from the NE1 cross structure, has been traced for approximately 225 metres. The zone intercepts are presented on Figures 3 and 4. All zone and proximal intercepts are presented in a table at the end of this document.

In addition to the NE1 and NE2 zones, 2010 drilling has returned two additional intercepts from a third cross structure (initially reported in a December 11, 2008 News Release as an intercept of 37.12 g/t Au over 7.7 metres). Recent holes T-10-14 and T-10-15 returned 10.96 g/t Au over 7.2 metres and 12.63 g/t over 2.9 metres, respectively. This structure appears to have a short strike length, but, provides further evidence of the abundance of relatively narrow, but, high grades encountered in the Tabakoto deposit area.

Drill holes that targeted the NE1 and NE2 zones also intersected additional gold bearing intervals both south and north of the these zones. Additional interpretation is required out to determine the continuity and potential mineability of theses additional intercepts.

John Begeman, Avion's President and CEO, stated: "The continual stream and predictability of high grade results from the Tabakoto area further supports Avion's plan to develop an underground mine at Tabakoto. The Company has planned to mine most of the mineralization by the sublevel longhole method, and narrow structures by shrinkage stoping."

In 2010 Avion has completed over 400 core and reverse circulation drill holes totaling approximately 50,000 metres of drilling, at the Tabakoto property. This work has focused predominantly on the Dioulafoundou, Tabakoto, Djambaye II and Segala areas. Additional results will be released when received and evaluated. Drilling will recommence on Avion's Hounde property, Burkina Faso, in October, 2010 with an additional 4,000 metres of drilling planned. Drilling is planned for the Kofi property, Mali, once the concession permits are transferred to Avion (See News Release dated March 31, 2010).

Avion's procedures for handling core have been presented in previous news releases (See for e.g. Avion News Release dated May 13, 2010). Assays presented in the attached table have been capped at 32 g/t Au as per the latest technical report on the Tabakoto deposit.

Don Dudek, P.Geo., the Senior Vice President, Exploration of the Company and a qualified person under National Instrument 43-101, has reviewed the scientific and technical information in this press release.

Please login to post a reply
CMP
City
NL
Rank
President
Activity Points
9407
Rating
Your Rating
Date Joined
03/25/2008
Social Links
Private Message
Avion Resources Corp
Symbol
AVR
Exchange
TSX-V
Shares
420,479,444 FD
Industry
Metals & Minerals
Create a Post