Canada NewsWire ST. PETER PORT, Guernsey, Aug. 7, 2013 Period ended June 30, 2013. ST. PETER PORT, Guernsey, Aug. 7, 2013 /CNW/ - Overview of the Company Avnel's principal assets are an 80% indirect interest in Société d'Exploitation des Mines d'Or De Kalana, S.A. ("SOMIKA") and a 100% indirect interest in the Fougadian Exploration Permit, through its subsidiary, Avnel Mali SARL. The State of Mali holds the remaining 20% interest in SOMIKA which owns a long tenure (30 years plus two 10 year extensions) Exploitation Permit over 387.4 square kilometres located in South West Mal...
[...]