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Apr 15, 2010 Avion Intersects 21.77 g/t Au Over 21 Metres, Near Surface, 2 km South of Tabakoto -- 14.86 g/t Au over 15.9 metres -- 4.52 g/t Au over 22.0 metres -- 6.37 g/t Au over 17.5 metres -- 4.55 g/t Au over 22.0 metres -- 17.92 g/t Au over 6.0 metres -- 10.0 g/t Au over 12.0 metres -- 6.39 g/t Au over 10.0 metres -- 21.77 g/t Au over 21.0 metres -- 4.55 g/t Au over 22.0 metres A complete summary of the latest holes is in the table below. All holes
intersected mineralization at depths less than 65 metres vertically below
surface. A significant amount of this mineralization is outside of a previously
defined and existing open pit inferred mineral resource for the Dioulafoundou
zone (see figure 2) of 349,300 tonnes grading 3.76 g/t Au totaling 42,000 ounces
at a 1 g/t Au cut-off (Avion news release Avion is anticipating the completion of the Dioulafoundou work program in about three weeks, with holes to be completed on 25 metre centres to depths of approximately 75 metres vertically below surface. The goal of this program is to define a measured and indicated resource by the end of the second quarter which could be advanced to a production decision before the end of the third quarter. Avion also has twinned several of the reverse circulation holes to validate the reverse circulation results and to extend some of the holes that ended in mineralization, which graded up to 78.32 g/t Au (DRC-10-27). Samples from this program are being collected for metallurgical testing and specific gravity tests are ongoing. Artisanal activity has also resulted in the absence of some or all of the mineralization in some of the current holes that tested the upper 15-20 metres of the zone. Since the water table in this area is high it is expected that artisanal mining activity did not extend much beyond these levels and only did so intermittently along the strike of the zone, as indicated by historic workings.
Avion's procedures for handling reverse circulation drill chips comprise
initial splitting of the rock chips from one metre drill length samples into 2.0
kg samples, as well as description and logging into a database. Theses samples,
and some of the recent core samples, are then delivered to the Company's mine
site laboratory at Tabakoto. Assay standard samples are inserted every 25th
sample and duplicate reverse circulation from every 20th sample are sent in as a
separate sample to double check the assays from these intervals. This sampling
procedure was initiated and periodically reviewed by Avion's Senior Vice
President of Exploration, Avion's results from the on-site laboratory have been of consistent high quality, with assay standards returning values well within accepted ranges. To date, Avion's Tabakoto area exploration has completed over 188 holes totaling over 17,600 metres of core and reverse circulation drilling. A significant amount of the core assays are still outstanding. About Avion is a Canadian-based gold company focused in Cautionary Notes This press release contains "forward-looking information" within
the meaning of applicable Canadian securities legislation. Forward-looking
information includes, without limitation, statements regarding the impact of the
drilling results on the Company; statements with respect to the development
potential and timetable of the SUMMARY OF AVION'S DIOULAFOUNDOU ASSAY RESULTSeastern
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HOLE # TRUE CAPPED(i)
FROM TO LENGTH WIDTH Au g/t ASSAY COMMENT
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D-08-03 153.0 160.5 7.5 3.5 8.93 8.93
D-09-03 139.7 155 15.3 12.0 3.67 3.97
D-10-15 64.0 81.2 17.2 13.0 6.37 6.37
D-10-16 34.0 49.5 15.5 12.0 4.96 4.96
D-10-17 33.0 50.4 17.4 15.0 4.79 4.33
D-10-28 61.0 64.4 3.4 2.8 2.33 2.33
D-10-33 84.5 100.4 15.9 12.0 14.86 8.75
DRC-10-26 52.0 58.0 6.0 4.0 1.05 1.05
DRC-10-27 39.0 50.0 11.0 9.0 17.1 17.1
DRC-10-28 48.0 55.0 7.0 5.0 5.86 5.86
DRC-10-29 26.0 38.0 12.0 8.0 10.00 10.00
DRC-10-30 25.0 31.0 6.0 4.0 17.92 17.02
DRC-10-31 21.0 31.0 10.0 6.0 6.39 6.39
DRC-10-32 33.0 37.0 4.0 3.0 8.47 8.47
DRC-10-33 55.0 77.0 22.0 18.0 4.52 4.52
DRC-10-34 24.0 45.0 21.0 14.0 21.77 9.21
DRC-10-35 1.0 8.0 7.0 0.0 0 0 Artisanal
working
DRC-10-36 23.0 27.0 4.0 3.0 2.56 2.56
DRC-10-37 10.0 12.0 2.0 0.0 0 0 Artisanal
working
DRC-10-41 8.0 35.0 27.0 22.0 1.85 1.85
DRC-10-43 16.0 38.0 22.0 18.0 4.55 4.55
DRC-10-45 23.0 32.0 9.0 7.0 2.11 2.11
DRC-10-49 78.0 90.0 12.0 6.0 3.55 3.55
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(i)Individual assays above 30 g/t Au are cut to 30 g/t
To view the first figure associated with this release, please visit the following link: http://media3.marketwire.com/docs/avr0415fig1.pdf. To view the second figure associated with this release, please visit the following link: http://media3.marketwire.com/docs/avr0415fig2.pdf. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE Contacts: |