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Avion Gold Digs 4% Gain on Record Gold Production

Avion Gold Corporation (AVR.TO) has gained nearly 4% after announcing record second quarter 2012 production of approximately 28,637 ounces of gold from its Tabakoto operation in Mali, West Africa.

The company said it has now set 2 consecutive quarterly records for the amount of gold produced in one quarter with year to date gold production of 54,894 ounces after refinery adjustments. Avion is well on its way to achieving its upgraded production guidance of 95,000 to 102,000 ounces of gold for 2012.

AVR is now trading at 58 cents, hitting day lows. Volume traded is over 1.7 million.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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