For: Vedron Gold Inc.
NEWS RELEASE
Shares: 70,222,264
VEDRON GOLD INC.
Permitting Applications Submitted for the Fuller and Davidson Tisdale Properties.
Timmins, Ontario
FOR IMMEDIATE RELEASE, November 22, 2006, Toronto, Ontario.
Vedron Gold Inc., (TSX-V:VG, FRANKFURT: VN3), is pleased to announce that permit applications for the Fuller property and the Davidson Tisdale property are being finalized and are being submitted to the Ontario Ministry of Environment and the Ontario Ministry of Northern Development and Mines.
The permitting process began over 18 months ago with base line studies, water sampling programs, data and information collection, all being coordinated by the company’s technical consultant BZ Environmental of Timmins, Ontario.
There are three key permits that are required before a mine property can commence pre-production work. A Permit to Take Water, and a Certificate of Approval to pump water from the mine workings are required by the Ministry of Environment, and a Mine Closure Plan is required by the Ministry of Northern Development and Mines.
The Permit to Take Water application for each of the properties was prepared by Gartner Lee Limited of Toronto, Ontario. The Certificate of Approval is being jointly prepared by BZ Environmental and BH Martin Consultants Ltd. The Mine Closure Plans are being prepared by BH Martin Consultants Ltd. of Timmins, Ontario, who has also provided Notice to the Ministry of Northern Development and Mines as required under the Mining Act. The approval process is being expedited such as to have the permits issued during the first quarter of 2007.
Vedron Gold is a gold exploration and development company that is advancing its three Tmmins gold projects towards the production stage. The Fuller property is developed to a depth of 650 feet (200 m) by a decline ramp and 5 mine levels. The Davidson Tisdale project is developed to a depth of 550 feet (170 m) by a decline ramp and 4 mine levels. The Buffalo Ankerite project has open pittable gold mineralization, and has a 4,000 foot (1200 m) deep mine shaft.
For further information contact Tom Meredith, President of Vedron Gold, 416 368 0099.
To learn more about Vedron Gold (TSX-V:VG), visit our website: www.vedron.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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