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February 17, 2005
Avalon Works Towards Getting Drill Permits
Avalon Gold Corporation (OTCBB: AVGC) announces that the Company is retaining the necessary personnel to conduct an Environmental Assessment of its Uinta Basin prospect located in the US Rockies, Utah. The Environmental Assessment is required in order to apply for a drilling permit.
Bellingham, WA (PRWEB) February 17, 2005 -- Avalon Gold Corporation (OTCBB: AVGC) announces that the Company is retaining the necessary personnel to conduct an Environmental Assessment of its Uinta Basin prospect located in the US Rockies, Utah. The Environmental Assessment is required in order to apply for a drilling permit.
The Company intends to get a permit to drill up to three wells over a period of two years. "Management is very excited about moving to the next level with our significant prospect in the Uinta Basin alongside majors in the area like EOG, Encana and Bill Barrett," states Carlton Parfitt.
On behalf of the company,
/s/ Carlton Parfitt
Carlton Parfitt, President
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays in testing and evaluation of products and other risks detailed from time to time in Avalon's filings with the Securities & Exchange Commission.
Source: Avalon Gold Corporation
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Posted by Industrial at February 17, 2005 11:37 AM