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Avanti Mining Inc
Symbol AVT
Shares Issued 430,274,918
Close 2012-05-02 C$ 0.135
Market Cap C$ 58,087,114
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Avanti Mining's Kitsault EA application accepted by CEA

2012-05-03 11:22 ET - News Release

Mr. Craig Nelsen reports

AVANTI MINING INC. FINAL ENVIRONMENTAL ASSESSMENT APPLICATION ACCEPTED BY CANADIAN ENVIRONMENTAL ASSESSMENT AGENCY FOR FORMAL REVIEW

Avanti Mining Inc.'s final environmental assessment (EA) application and environmental impact statement (EIS) for the Kitsault mine project in Northern British Columbia have been accepted by the Canadian Environmental Assessment Agency (CEA agency) for formal review.

According to a letter dated May 2, 2012, from the CEA agency, the formal review began on April 26, 2012, with a focused screening that indicated the application contained sufficient information to begin the review effective immediately. To date, the British Columbia Environmental Assessment Office and the CEA agency have worked jointly to advance the project through their respective environmental review processes. In accordance with this joint review, a 30-day public comment period will begin on May 11, 2012. The final EA application and EIS are posted on the British Columbia Environmental Assessment Office's project information centre website.

"The acceptance of Kitsault EA by the CEA agency for formal review brings the federal and provincial environmental authorities together on the project's review process," said Craig J. Nelsen, president and chief executive officer. "Avanti looks forward to the final review and receiving its environmental certificates for this mine development. Both [the] CEA agency and British Columbia Environmental Assessment Office have committed to a harmonized review process that is commencing with the joint 30-day public comment period on the application."

In anticipation of the successful outcome of the EA process, Avanti is working with the British Columbia Ministry of Forests, Lands and Natural Resource Operations (MFLNO) to advance permit applications necessary for construction and operation of the project. The MFLNO works as a central government body responsible for co-ordinating British Columbia and Canada permitting agencies under the province's "one project, one process" policy. This synchronous EA and permitting process is a relatively new government initiative aimed at streamlining the regulatory process.

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