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Fougadian

Au
1,359.53
USD/oz
0.02
green
Data as of May 17, 2013 09:59PM UTC
Ag
22.26
USD/oz
0.06
green
Data as of May 17, 2013 09:59PM UTC


Key Facts
Status: Exploration
Type of Work: Surface
Location: Mali
                 

Commodities: Gold, Silver
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Latest Information
March 12, 2012
Avnel Gold Mining Ltd. provided a company update.
February 6, 2012
Avnel Gold Mining Ltd. provided a company update.
December 6, 2010
Avnel and IAMGOLD Corporation announced they have entered into a joint venture arrangements agreement whereby IAMGOLD has the option to acquire up to an initial 51% interest in Avnel's 90% interest in the Fougadian Exploration Permit. IAMGOLD will fully fund and satisfy the expenditure requirements of the Fougadian Exploration Permit and, upon establishing a qualifying mineral resource of not less than 250,000 oz of gold, may earn a 51% interest (of Avnel’s 90% interest) in the permit.

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