Avocet Mining Announces Appointment of COO (3295C)

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RNS Number : 3295C

Avocet Mining PLC

30 April 2012

Avocet Mining Announces Appointment of Chief Operating Officer

Avocet Mining PLC ("Avocet" or "the Company"), the 90% owner and operator of the Inata Gold Mine in Burkina Faso, announced today that David Cather has joined the Company as Chief Operating Officer with immediate effect. David will be based in London and report directly to the Chief Executive Officer.

David is an experienced mining engineer and brings over 30 years of mining experience to Avocet, most recently as the Chief Operating Officer with European Goldfields.

David's career has included senior roles at Anglo American where he was Technical Director for its Industrial Minerals Division, Redland Aggregates Ltd. (now Lafarge SA) and De Beers, and spent five years consulting to the industry on a variety of early stage projects principally for gold, copper and base metal projects in DRC, Sierra Leone, Nicaragua, Philippines and Columbia.

He is a graduate from the Royal School of Mines, Imperial College London with a first class degree in mining engineering, and has gained extensive senior level project development experience and operations management in both open pit and underground operations.

Commenting on the appointment, Brett Richards, Chief Executive Officer of Avocet, said:

"I am pleased to announce David's appointment to the Executive Management group at Avocet, as he brings a great deal of project management and operating experience to the Company. David will be an important contributor to Avocet's stated strategy of growing a larger production, development and exploration business in West Africa, and his experience and skills will complement an already strong team in London and Burkina Faso."

For further information please contact:

 
 Avocet Mining     Buchanan          J.P. Morgan                 Arctic        SEB Enskilda 
  PLC               Financial         Cazenove                    Securities    Financial 
                    PR Consultants    Lead Broker                 Financial     Adviser & 
                                                                  Adviser       Market Maker 
                                                                  & Market 
                                                                  Maker 
================  ================  ==========================  ============  ================= 
 Brett Richards,   Bobby Morse       Michael Wentworth-Stanley   Arne Wenger   Fredrik Cappelen 
  CEO               James Strong      Neil Passmore               Petter 
  Mike Norris,                                                    Bakken 
  FD 
  Angela Parr, 
  IR 
================  ================  ==========================  ============  ================= 
 +44 20 7766       +44 20 7466       +44 20 7588                 +47 2101 
  7676              5000              2828                        3100         +47 2100 8500 
================  ================  ==========================  ============  =================

Notes to Editors

Avocet Mining PLC is a leading West African gold mining and exploration company listed on the London Stock Exchange (AVM.L) and the Oslo Bors (AVM.OL).

In Burkina Faso the Company owns 90% of the Inata Gold Mine. The deposit at Inata currently comprises a Mineral Resource of 3.46 million ounces and a Mineral Reserve of 1.85 million ounces. The Inata Gold Mine poured its first gold in December 2009 and produced 167,000 ounces of gold in 2011.

Other assets in Burkina Faso include eight exploration permits surrounding the Inata Gold Mine in the broader Belahouro region. The most advanced of these projects is at Souma, some 20 kilometres from the Inata Gold Mine, where a Mineral Resource of 0.56 million ounces exists.

In Guinea, Avocet owns twelve exploration licences in the north east of the country. Mineral Resource development has been ongoing since 2005 and the project at Tri-K is the most advanced. Within the Tri-K project, Koulekoun has a Mineral Resource of 1.83 million ounces and Kodieran of 0.41 million ounces.

Avocet's Mineral Resources, which are inclusive of Mineral Reserves, are estimated in accordance with the principles of the Canadian NI 43-101 and Australian JORC Codes, and are reported in accordance with the Australian JORC Code.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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