Avanti Mining Inc. (TSXV:AVT) announced payment of C$25,000 and issuance of 75,000 Avanti common shares to Nicholas Carter pursuant to a purchase and sale agreement of a 100% interest in two mineral claims located in Kitsault, British Columbia, Canada.
The Kitsault mine in British Columbia has received environmental approval from the BC government despite objections from the Nisga'a First Nation over environmental impacts.
Avanti Mining Inc. (TSXV:AVT) has been granted an Environmental Assessment Certificate from the British Columbia Minister of Environment and the Minister of Energy, Mines and Natural Gas, for the Kitsault molybdenum mine near Prince Rupert.
Avanti Mining Inc. (TSXV:AVT) and its wholly owned subsidiary Avanti Kitsault Mine Ltd. announced the closing of a bridge loan with CEF Holdings Limited and Resource Capital Fund IV L.P. on June 29, 2012, to provide a US$20 million bridge loan for a one-year term.
Winnipeg Free Press reported that Avanti Mining (TSXV:AVT) secured a $640 million loan to advance the British Columbia-based Kitsault mine.
Terrace Standard reported that Avanti Mining's (TSXV:AVT) Kitsault moly mine has met the criteria for an environmental review.
CBC reported that progress is being made to reopen the Kitsault moly mine owned by Avanti (TSXV:AVT).
Winnipeg Free Press reported that Avanti Mining (TSXV:AVT) has reached another milestone in its attempt to reopen the Kitsault moly mine.
Avanti Mining Inc. (CVE:AVT,PINK:AVNMF) announced that Korea Resources Corporation has been added to the SeAH LOI.
Avanti Mining Inc. (CVE:AVT) reports that it has received results of an initial six hole program intended to confirm historical drill information at its Roundy Creek prospect, northwest BC.
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