Avocet Mining PLC Annual Report and Accounts 2015 (4319W)
April 27 2016 - 2:00AM
UK Regulatory
TIDMAVM
RNS Number : 4319W
Avocet Mining PLC
27 April 2016
Annual Report and Accounts 2015
Avocet Mining PLC ("Avocet" or the "Company") has today
published its Annual Report and Accounts for the year ended 31
December 2015 on its website - www.avocetmining.com
In compliance with LR9.6.1, a copy of the Annual Report and
Accounts will shortly be available for inspection at the Financial
Conduct Authority's National Storage Mechanism website:
http://www.hemscott.com/nsm.do.
The Annual Report and Accounts will also be mailed to those
shareholders who have elected to receive it in hard copy.
The Notice of the Company's Annual General Meeting, which is
expected to be held on 9 June 2016, will be sent to shareholders in
due course.
FOR FURTHER INFORMATION PLEASE CONTACT
Avocet Mining PLC Bell Pottinger J.P. Morgan Cazenove
Financial PR Consultants Corporate Broker
David Cather, CEO Daniel Thöle Michael Wentworth-Stanley
Jim Wynn, FD
+44 203 709 2570 +44 20 2772 2555 +44 20 7742 4000
NOTES TO EDITORS
Avocet Mining PLC ("Avocet" or the "Company") is an unhedged
gold mining and exploration company listed on the London Stock
Exchange (ticker: AVM.L) and the Oslo Børs (ticker: AVM.OL). The
Company's principal activities are gold mining and exploration in
West Africa.
In Burkina Faso the Company owns 90% of the Inata Gold Mine. The
Inata Gold Mine poured its first gold in December 2009 and produced
74,755 ounces of gold in 2015. Other assets in Burkina Faso include
five exploration permits surrounding the Inata Gold Mine in the
broader Bélahouro region. The most advanced of these projects is
Souma, some 20 kilometres from the Inata Gold Mine.
In Guinea, Avocet owns 100% of the Tri-K Project in the north
east of the country. Drilling to date has outlined a Mineral
Resource of 3.0 million ounces, and in October 2013 the Company
announced a maiden Ore Reserve on the oxide portion of the orebody,
which is suitable for heap leaching, of 0.5 million ounces. As an
alternative, the potential exists to exploit the entire 3.0 million
ounce Tri-K orebody via the CIL processing method. The Company
announced on 2 April 2015 that an exploitation permit had been
awarded for Tri-K.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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