Avala Resources Ltd.Avala Resources Ltd. (TSX.V: AVZ)
is a Canadian-based company focused on the acquisition, exploration and development of mineral properties in the Republic of Serbia. With the recent acquisition of Dunav Resources Ltd., Avala holds a dominant land position of over 950 km2
in the Republic of Serbia including:
Timok Gold Project
a major, north-trending sediment-hosted gold mineralized belt which includes the Bigar Hill, Korkan, Kraku Pester and Korkan East deposits, and
Tulare Copper-Gold Porphyry Project
which includes the Kiseljak and Yellow Creek deposits.
Avala's projects in Serbia are well located to access both major transportation corridors and the markets. The fiscal regime in Serbia is highly supportive of the extractive industries with a 15% corporate tax rate and a 5% NSR royalty.
This website contains information of a scientific or technical nature which requires the approval of a "qualified person" as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). Justin van der Toorn, CGeol FGS, EurGeol, the Company's exploration manager in Serbia, is the qualified person who has approved the scientific and technical information on this website.