FINANCE VIDEO: Avalon Minerals (ASX:AVI) GM Andrew Munckton Speaks at RIU Resources Round-up in Sydney, May 2010

Sydney, May 24, 2010 (ABN Newswire) - FINANCE VIDEO: Avalon Minerals (ASX:AVI) GM Andrew Munckton Speaks at RIU Resources Round-up in Sydney, May 2010.

Avalon Minerals Ltd listed in March 2007 with the aim of building a diversified resource mining group based on cash flows from producing operations. The primary strategy to achieve this goal is the acquisition of advanced resource projects with the potential for early cash flow.

In March 2008, this strategy was set in motion when Avalon acquired two advanced Copper Projects in Northern Sweden - the Viscaria and Adak Projects.

Avalon aims to become a copper producer within the next two years and has committed to a program of work designed to establish a low capital cost, early cashflow start-up project at Viscaria.

Both projects have been the subject of earlier mining operations and are part of large mineralised systems with strong potential for additional copper and zinc deposits within the landholdings.

The acquisition of the two advanced copper projects was a landmark achievement for the Company and has enabled Avalon to make significant progress towards near-term production and cash flow through early exploration success.

In addition to planning exploration programs, Avalon has now moved into mine design and mine optimisation studies as part of its feasibility planning, which aims to fast track the Viscaria project towards an early cash flow from production.

The recently acquired cluster of six closed historical copper - zinc mines at Adak, which is 300km south of Viscaria also provides potential for Avalon to grow its base metal inventory within northern Sweden.

Avalon has reduced its exposure to its grass roots Australian exploration projects to allow the Company's funds and resources to be focussed solely on developing the Viscaria copper project.

Watch the Video at this link:
http://www.abnnewswire/press/en/62921/Avalon-Minerals