Avellana Gold Ltd. presented its own mineral exploration project in Transcarpathia at the Canadian-Ukrainian Investment Forum CUTIS. The total estimated value of the projects of Ukrainian companies amounted to about 1.5 billion dollars. USA. “Avellana Gold Company’s ambitious plan and our long-term strategy is a study of the untapped potential of the Ukrainian Carpathians for the extraction of…

Avellana Gold Ltd. pleased to announce contracting Wardell Armstrong International as a geological consultant on Muzhievo/Beregovo project. The Head of Avellana Gold Ltd representative office Andriy Smolin: “We are happy to sign the first agreement with respect to the provision of Mineral Resources Estimate (WRE) for Muzhievo deposit and preliminary analysis of Beregovo deposit. Wardell Armstr…

The head of the Ukrainian representative office of Avellana Gold Andrii Smolin met with representatives of the investment company SP Advisors and Crossways MK Consulting. The meeting was held within the framework of the CUTIS - The Canada Ukraine Trade and Investment Support Project, implemented by the Government of Canada. "During the meeting with the director of the CUTIS project, Bogdan Les…

The State Geology and Subsurface Survey of Ukraine issued an order to extend the operation of special permits for subsoil use for the companies «KRK» and «ZGRK» owned by Avellana Gold Ltd. The special permits provide for geological exploration and experimental development of gold-polymetallic ores of the Kvasovo ore field and Beregovo deposit in Transcarpathia. The operation of the special permi…

The Verkhovna Rada, Ukraine's parliament, will vote for the law on the High Anti-Corruption Court this week. The decision of the parliamentarians on the implementation of the High Anti-Corruption Court will have two scenarios for the economy: either the country will be in a state of default if the decision is not supported, or will receive the next tranche of the IMF and the favor of the internati…