Avnel Gold Mining Ltd.

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

ST. PETER PORT, Guernsey, March 22, 2012 /CNW/ - Avnel Gold Mining Limited

- Developments in Mali yesterday, overnight and this morning are being closely monitored by Avnel.

Mr. Roy Meade, Executive Director of Operations based at Kalana reports that mining and exploration activities at the mine site are continuing as

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Avnel Gold Mining is pleased to provide an update for the work programme on its 90% owned Fougadian Exploration Permit in Mali conducted by its joint venture partner IAMGOLD as operator of the exploration venture. The results in this Press Release should be read in conjunction with the Figures 1-4 referred to and which are posted on Avnel's website. During 2012, IAMGOLD has proposed a $6.5 million budget to follow [...]

Avnel Gold Mining is pleased to provide a project update for the work programme on its 80% owned 387.4 km(2) Kalana exploitation permit in Mali conducted by its joint venture partner IAMGOLD as operator of the exploration venture. The Option Agreement dated August 11, 2009 between Avnel and IAMGOLD provides IAMGOLD with the option to earn an initial 51% interest in Avnel's share of the Kalana project by [...]

Avnel is pleased to announce that IAMGOLD have an approved exploration budget of US$19M for 2012 pursuant to its joint venture arrangements with Avnel at its Kalana and Fougadian properties in South West Mali as to: $US12.5M on Avnel's Kalana Project and Permit, and US$6.6M on Avnel's abutting Fougadian Permit

Over 60,000 metres of diamond and RC drilling has been completed to date. The 2011 work program aimed to complete 35,000 metres of diamond and RC drilling with a total budget of $8.0million which has been exceeded as shown in the table below. This has been achieved by end September and IAMGOLD plans to aggressively advance the project in the 4th quarter

Avnel Gold Mining is pleased to provide a project update for the work programme on its 80% owned 387.4 km(2) Kalana exploitation permit in Mali conducted by its joint venture partner IAMGOLD as operator of the exploration venture. The Option Agreement dated August 11, 2009 provides IAMGOLD with the option to earn an initial 51% interest in Avnel's share of the Kalana project by spending a minimum US$11,000,000 on [...]

ST. PETER PORT, GUERNSEY, Aug. 12, 2011 /CNW/ --
Period ended June 30, 2011.

ST. PETER PORT, GUERNSEY, Aug. 12, 2011 /CNW/ -

Exploration

SOMIKA

PROJECT MILESTONES ACHIEVED

    --  Between January and June 2011, 18,472 metres of diamond
        drilling was completed at the Kalana Mine using two diamond
        drill rigs. 1,535 metres of diamond drilling was also completed
        at the Kalanako prospect

[...]

ST. PETER PORT, GUERNSEY, June 14, 2011 /CNW/ --
Period ended March 31, 2011.

ST. PETER PORT, GUERNSEY, June 14, 2011 /CNW/ -

Exploration

SOMIKA

PROJECT MILESTONES ACHIEVED

    --  Between January and April 2011, 11,592 metres of diamond
        drilling was completed at the Kalana Mine using two diamond
        drill rigs. The 2011 work program aims to complete 34,500
        metres of drilling with a total

[...]

Avnel Gold Mining is pleased to provide a project update for the work programme on its 80% owned 387.4 km2 Kalana exploitation permit in Mali conducted by its joint venture partner IAMGOLD as operator of the exploration venture. The Option Agreement dated August 11, 2009 provides IAMGOLD with the option to earn an initial 51% interest in Avnel's share of the Kalana project by spending a minimum US$11,000,000 on [...]

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES ST. PETER PORT, Guernsey, March 31 /CNW/ - Avnel Gold Mining Ltd. ("Avnel" or the "Company") (TSX: AVK) is pleased to announce today the closing of its ...