Avala Resources is pleased to announce the initial resource estimate for the Kraku Pester project area, part of its Timok Gold Project, a new gold discovery in an emerging sediment-hosted gold belt located in Eastern Serbia. The Kraku Pester National Instrument 43-101 compliant mineral resource, prepared by AMC Consultants Limited (UK) ("AMC"), an [...]
Avala Resources Ltd. is pleased to report the filing on SEDAR of a NI 43-101 technical report supporting the initial inferred mineral resource for the Korkan deposit of its Timok Gold Project, as announced in a press release on November 5, 2012. The technical report was prepared by Chris Arnold, MAusIMM (CP), of AMC Consultants (UK) Limited ("AMC [...]
Avala Resources is pleased to announce that it has entered into an agreement with Dundee Securities Ltd., on behalf of a syndicate including Stifel Nicolaus Canada Inc. as co-lead agent and Primary Capital Inc. (the "Agents") under which the Agents have agreed to offer for sale, on a best efforts private placement basis, units at a price of $0.20 [...]
Avala Resources Ltd. is pleased to announce an initial summary of ongoing metallurgical testwork on the Bigar Hill, Korkan and Kraku Pester deposits, which form part of the Timok Gold Project (TGP), an emerging sediment-hosted gold belt located in Eastern Serbia.
