Avnel Gold Mining Limited change in role of Chief Executive Officer



    
               NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
                  OR FOR DISSEMINATION IN THE UNITED STATES
    

    ST. PETER PORT, Guernsey, Oct. 9 /CNW/ - Avnel Gold Mining Limited
("Avnel" or the "Company") (TSX: AVK) announces that, with effect from
September 30, 2008, Roy Meade will be stepping down as Chief Executive Officer
of Avnel to pursue other opportunities but will continue to provide services
as a Non-Executive Director of the Company.
    Howard Miller, the current Chairman of the Board of the Company, will
assume the role of Chief Executive Officer. Mr. Miller has been a Director of
the Company since its incorporation in 2005. He has also been a director of
Avnel Gold, Limited, a subsidiary of the Company, since its incorporation in
2001. Prior to that, from 1993 to 2001, Mr. Miller was a founding Director of
Nelson Gold (later Nelson Resources Limited) (TSX).

    About the Company:

    Avnel is a gold mining producing company operating the Kalana gold mine
and is engaged in the exploration of the Kalana and Fougadian exploration
permits.
    Avnel's principal asset is an 80% interest in Société d'Exploitation des
Mines d'Or de Kalana ("SOMIKA"). SOMIKA is the holder of a 30 year
exploitation permit encompassing 387.4 sq. km. around and to the south of the
operating Kalana gold mine in South West Mali. Avnel also holds the Fougadian
exploration permit covering an area of 150 sq. km. which lies to the South of
the main Kalana exploitation permit.

    
                         Forward-Looking Information
    

    This release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other than
statements of historical facts are forward-looking statements. Although Avnel
believes the expectations expressed in such forward-looking statements are
based on reasonable assumptions, such statements are not guarantees of future
performance and actual results or developments may differ materially from
those in the forward-looking statements. Factors that could cause actual
results to differ materially from those in forward looking statements include
market prices, continued availability of capital and financing and general
economic, market or business conditions. Investors are cautioned that any such
statements are not guarantees of future performance and actual results or
developments may differ materially from those projected in the forward-looking
statements. Avnel does not assume any obligation to update or revise its
forward-looking statements, whether as a result of new information, future
events or otherwise.




For further information:

For further information: Howard Miller, Chief Executive Officer, Phone
+44 207 589 9082, Fax +44 207 589 8507, Email: howard@hbmiller.co.uk, Website:
www.avnelgold.com


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