Posted in | Mining Business

AVIN Discovers Two New Major Auriferous Zones on Alamo Mining Concessions

American International Ventures, Inc., The Board of Directors of AIVN are pleased to announce the discovery of two new major auriferous zones on the concessions purchased on December 1, 2015.

The Company completed the acquisition in Baja California of La Sorpressa, 90 hectares, La Sorpressa II, 265 hectares, La Sorpresa III, 71 hectares, Las III Fraccion 2 Frac I, 12 hectares, Las III Fraccion 2 Frac II, 12 hectares, Las III Fraccion 2 Frac III, 72 hectares, El Cid, 55.674 hectares, El Cid 1,72 hectares, Dolores, 1266.150 and M. Carter, 66.6054 hectares. The Company currently has a pilot plant mining operation at its La Sorpresa IV Property located in Baja California, Mexico. Presently, there are two Mexican mining companies showing interest in the Alamo and the Board of Directors recently turned down a Letter of Intent for $3,000,000 for 50% ownership of its subsidiary AIVN DE MEXICO.

Jose Garcia, CEO of AIVN, stated, "We are thrilled to announce the commencement of the diamond drilling campaign after completing the exploration of one of our mining concessions."

Source: http://www.aivn.co/

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