TABAKOTO/SEGALA

Avion Gold announced the results for the final nine of 25 holes continue to demonstrate the continuity of the gold mineralization along a 250 to 300 metre strike length. The final set of holes returned a best intercept of 5.17 g/t Au over 27.9m core length (19.0m true width) found in Hole S-09-21. Additional drill holes are still required along the east side of the deposit where the edge of the high grade gold mineralization is still not defined. The remaining Segala main holes returned from S-09-19 intersected 3.62 g/t Au over 35.8m (23.8m true width), S-09-29A with 3.22 g/t Au over (20.0m true width) and S-09-32B returned 3.39 g/t Au over 36.7m (23.0m true width).

Avion Gold announced it produced approximately 6,278 ounces of gold during 25 days of production in the month of October, averaging 251 ounces per day. This number indicates a predicted run-rate for the month of approximately 7,500 ounces, based on a full month of production. For the month of October, the company realized an average grade of 3.90 g/t, with a 96.8% mill recovery.

Avion Gold announced that it produced approximately 12,500 ounces of gold in the third quarter of 2009 (29,720 ounces year to date). This represents a 14% improvement in ounces produced over Q2 in spite of weather difficulties encountered during the third quarter.