Avion Resources Announces New Mining Strategy With Aim to Restart Production in Q1 2009 at the Segala and Tabakoto Gold Projects, Mali

Avion Resources Corp. , today announced that the Company's Board of Directors have approved a new mining strategy for the Segala and Tabakoto gold projects, located in Mali, West Africa. The Company will focus on the Segala project during the first phase of the new mining strategy. Avion Resources plans to commence mining operations at Segala, which has a 43-101 compliant resource, with two years of open-pit production (at a projected low-strip ratio), followed by underground mining. The Company believes that the new plan will realize robust, earlier-than-expected cash flow from operations, as Avion Resources anticipates production to begin at Segala in mid-February 2009. The new strategy is to mine near-surface mineral resources to minimize waste stripping and then proceed to underground mining. read more

Source: Avion Resources Corp.