Analyst site visit to Inata, Burkina Faso


 

TIDMAVM 
 
RNS Number : 4694X 
Avocet Mining PLC 
07 December 2010 
 

 
 
 
 
 
 
 
 
 
 
 
 
                    ANALYST SITE VISIT TO INATA, BURKINA FASO 
 
Avocet Mining PLC ("Avocet" or the "Company") is currently hosting a site visit 
to its flagship Inata Gold Mine in Burkina Faso for equity analysts from the UK, 
Canada and Norway.  Presentations will be given by the management team on 
Tuesday 7th December 2010, copies of which are available on the Avocet website 
(www.avocet.co.uk) and through the following URL: 
 
http://www.avocet.co.uk/reportspres.html 
 
 
 
For further information please contact: 
 
+--------------------------------------------------------------------+--------------------------+--------------------------+------------------------------+--------------------+ 
| Avocet Mining PLC                                                  | Buchanan Communications  | Ambrian Partners Limited | J.P. Morgan Cazenove         | Arctic Securities  | 
+--------------------------------------------------------------------+--------------------------+--------------------------+------------------------------+--------------------+ 
|                                                                    | Financial PR Consultants | NOMAD and Joint Broker   | Lead Broker                  | Financial Adviser  | 
+--------------------------------------------------------------------+--------------------------+--------------------------+------------------------------+--------------------+ 
| Brett Richards, CEO                                                | Bobby Morse              | Richard Brown            | Michael Wentworth-   Stanley | Arne Wenger        | 
| Mike Norris, FD                                                    | Katharine Sutton         |                          | Niklas Kloepfer              |                    | 
| Hans-Arne Lorange, EVP Business Development & Investor Relations  |                          |                          |                              |                    | 
+--------------------------------------------------------------------+--------------------------+--------------------------+------------------------------+--------------------+ 
| +44 20 7766 7676                                                   | +44 20 7466 5000         | +44 20 7634 4700         | +44 20 7588 2828             | +47 21013100       | 
|                                                                    | +44 7802 875227          |                          |                              |                    | 
+--------------------------------------------------------------------+--------------------------+--------------------------+------------------------------+--------------------+ 
| www.avocet.co.uk                                                   | www.buchanan.uk.com      | www.ambrian.com          | www.jpmorgancazenove.com     | www.arcticsec.no   | 
+--------------------------------------------------------------------+--------------------------+--------------------------+------------------------------+--------------------+ 
 
 
 
Notes to Editors 
 
Avocet Mining PLC ("Avocet" or "the Company") is a gold mining company listed on 
the AIM market of 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 Burkina Faso (as 90 per cent owner of the Inata gold mine), 
Malaysia (as 100 per cent owner of the Penjom gold mine, the country's largest 
gold producer) and Indonesia (as 80 per cent owner of the North Lanut gold mine 
and Bakan project in North Sulawesi). 
 
The Company announced in May 2010 that it had initiated exploration within the 
Inata Mining Licence area and in the surrounding Bélahouro district with the 
objective of significantly increasing Inata's Mineral Resource and Mineral 
Reserve base as well as investigating the highly prospective Souma Trend, 
located 20 km from the Inata mill. The Company has a number of other advanced 
exploration projects in West Africa and South East Asia. 
 
Background to operations 
 
The Inata deposit presently comprises a Mineral Resource of 1.84 million ounces 
and a Mineral Reserve of 1.08 million ounces. Inata poured its first gold in 
December 2009 and has now reached a production rate in excess of 12,000 ounces 
per month. Other assets in West Africa include exploration permits in Burkina 
Faso (the most advanced being the Souma trend at Bélahouro with a Mineral 
Resource of 561,100 ounces), Mali and Guinea (the most advanced being the Tri-K 
gold exploration project in  with a Mineral Resource of 666,500 ounces). 
 
Penjom is Malaysia's largest gold mine and was developed by Avocet in an area of 
historic alluvial mining. The mine is located in Pahang State, approximately 120 
km north of the country's capital, Kuala Lumpur. 
 
North Lanut in North Sulawesi, Indonesia, was developed by Avocet from the 
exploration stage and has produced over 300,000 ounces since it was commissioned 
in 2004. North Lanut is located within a Contract of Work, which includes 
exploration and mining rights over approximately 50,000 hectares in an area 
highly prospective for gold. Avocet holds an 80 per cent interest and an 
Indonesian company, PT Lebong Tandai, owns the remaining 20 per cent. 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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