TSX: ASO
AIM: ASO
TORONO, April 26, 2018 /CNW/ -
Avesoro Resources Inc. ("Avesoro" or the "Company"), the TSX and
AIM listed West African gold producer, is pleased to announce that
the annual general 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 Tuesday, May 22, 2018 at 10:30 a.m. (British Summer Time).
The notice of meeting, information circular and other meeting
materials (the "Proxy Materials") have been filed under the
Company's profile on www.sedar.com. A copy of the Proxy Materials
and the annual accounts for the year ended December 31, 2017 (the "Accounts") have been
distributed to registered shareholders of the Company. Electronic
copies of the Accounts and the Proxy Materials are available on the
Company's website at www.avesoro.com.
Contact Information
Avesoro Resources
Inc.
Geoff Eyre / Nick
Smith
Tel: +44(0) 20 3874
4740
|
|
Camarco
(IR / Financial
PR)
Gordon Poole / Nick
Hennis
Tel: +44(0) 20 3757
4980
|
finnCap
(Nominated Adviser
and Joint Broker)
Christopher Raggett /
Scott Mathieson / Emily
Morris Tel: +44(0) 20 7220 0500
|
Berenberg
(Joint
Broker)
Matthew Armitt /
Charlotte Sutcliffe
Tel: +44(0) 20 3207
7800
|
Hannam &
Partners (Advisory) LLP
(Joint
Broker)
Rupert Fane / Ingo
Hofmaier / Ernest Bell
Tel: +44(0) 20 7907
8500
|
About Avesoro Resources Inc.
Avesoro Resources is a West
Africa focused gold producer and development company that
operates three gold mines across West
Africa and is listed on the Toronto Stock Exchange ("TSX")
and the AIM market operated by the London Stock Exchange ("AIM").
The Company's assets include the New Liberty Gold Mine in
Liberia (the "New Liberty Gold
Mine" or "New Liberty") and the Youga and Balogo Gold mines in
Burkina Faso ("Youga" and
"Balogo").
New Liberty 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 is set
out in an NI 43-101 compliant Technical Report dated November 1, 2017 and entitled "New Liberty Gold
Mine, Bea Mountain Mining Licence Southern Block, Liberia, West
Africa" and is available on SEDAR at www.sedar.com.
Youga and Balogo have a combined estimated proven and probable
mineral reserve of 9.3Mt with 513,000 ounces of gold grading 1.7g/t
and a combined estimated indicated mineral resource of 16.05Mt with
801,600 ounces of gold grading 1.55g/t and a combined inferred
mineral resource of 13Mt with 655,000 ounces of gold grading
1.57g/t. The foregoing Mineral Reserve and Mineral Resource
estimates and additional information in connection therewith is set
out in two NI 43-101 compliant Technical Reports, dated
June 16, 2017 entitled "Mineral
Resource and Mineral Reserve Update for the Balogo Project" and
dated June 19, 2017 and entitled
"Mineral Resource and Mineral Reserve Update for the Youga and
Ouaré Projects" and are available on SEDAR at www.sedar.com.
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. Mr. Pryor has verified
the underlying technical data disclosed in this press release.
SOURCE Avesoro Resources Inc.