TSX: ASO
AIM: ASO
TORONTO, Nov. 10, 2017 /CNW/ - Avesoro Resources Inc.
("Avesoro" or the "Company"), the TSX and AIM listed West African
gold producer, is pleased to announce that, further to the
Company's announcement dated 31 October
2017, the special meeting of shareholders of the Company
will be held at the offices of Pillsbury Winthrop Shaw Pittman LLP,
Tower 42, Level 21, 25 Old Broad Street, London, EC2N 1HQ, United Kingdom, on Thursday, 14 December 2017 at 11:00
a.m. (Greenwich Mean Time).
The Company has today filed its notice of meeting, management
information circular, and independent technical reports pursuant to
National Instrument 43-101 with respect to each of the Youga Gold
Mine and Balogo Gold Mine, and other meeting materials on
www.sedar.com. An electronic copy is also available on the
Company's website at www.avesoro.com.
About Avesoro Resources Inc.
The Company's assets include the New Liberty Gold Mine in
Liberia (the "New Liberty Gold
Mine," "New Liberty" or the "mine") which has an estimated proven
and probable mineral reserve of 7.4Mt with 717,000 ounces of gold
grading 3.03g/t and an estimated measured and indicated mineral
resource of 9.6Mt with 985,000 ounces of gold grading 3.2g/t and an
estimated inferred mineral resource of 6.4Mt with 620,000 ounces of
gold grading 3.0g/t. The foregoing Mineral Reserve and
Mineral Resource estimates and additional information in connection
therewith will be set out in an NI 43-101 compliant Technical
Report for the New Liberty Project to be filed on SEDAR within 45
days of this press release.
The New Liberty Gold Mine is located within the Southern Block
of the 100% owned Bea Mountain mining licence. This licence covers
478 kmĀ² and has a 25 year, renewable, mineral development
agreement. The Bea Mountain mining license also hosts additional
gold projects of Ndablama, Gondoja, Weaju and Leopard Rock which
host indicated and inferred mineral resources. The Company also
owns the Yambesei (473 km2), Archaen West (56
km2), Mabong (36.6 km2) and Mafa West (15.6
km2) licences, in addition to a gold exploration permit
in Cameroon.
Qualified Persons
The Company's Qualified Person is Mark
J. Pryor, who holds a BSc (Hons) in Geology & Mineralogy
from Aberdeen University, United Kingdom and is a Fellow of the
Geological Society of London, a
Fellow of the Society of Economic Geologists and a registered
Professional Natural Scientist (Pr.Sci.Nat) of the South African
Council for Natural Scientific Professions. Mark Pryor is an independent technical
consultant with over 25 years of global experience in exploration,
mining and mine development and is a "Qualified Person" as defined
in National Instrument 43 -101 "Standards of Disclosure for Mineral
Projects" of the Canadian Securities Administrators and has
reviewed and approved this press release.
SOURCE Avesoro Resources Inc.