Avnel Gold Mining Limited
22 Smith Street
St. Peter Port, Guernsey
Channel Islands, GY1 2JQ
PH: 44 (1481) 741562
Fax: 44 (1481) 711052
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Avnel Gold Mining Limited owns and operates the Kalana Exploitation Permit in Mali through its 80% owned Malian subsidiary, SOMIKA. Avnel completed an IPO in June 2005 and is listed on the Toronto Stock Exchange (Ticker: AVK).
The Kalana Exploitation Permit covers an area of 387 sq. kilometres on which the Kalana Mine is located. The Kalana Mine produced approximately 80,000 ounces in the period 1985-1991. SOMIKA re-commissioned the mine and plant facilities in 2003 and gold production commenced in 2004. To mid 2009 100,000 ounces have been recovered from the underground mine.