Avanti Mining Announces Dissemination of its CEO TV Interview

Avanti Mining Announces Dissemination of its CEO TV Interview

VANCOUVER, May 5, 2010/PRNewswire/ --

- TSX-V:AVT

- http://smr.newswire.ca/en/avanti-mining-inc/avanti-mining-announces-dissemination-of-its-ceo-tv

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Avanti Mining Inc. (TSX-V: AVT) is pleased to announce that Craig Nelsen,
President & CEO of the Company appeared on a recent episode of
resourceINTELLIGENCE TV. Mr. Nelsen was featured on a segment of the program
called NEWSMAKERS, where he discussed the Company's progress at its past
producing, Kitsault Mine Project.

Among the subjects discussed were Avanti's successful 2009
pre-feasibility study, the valuation of the Project, potential offtake
agreements with steel producers and the Company's timeline to bring Kitsault
to production by 2013.

The Kitsault Mine Project "has a discounted net cash flow value of $550
million today," Mr. Nelsen explained. "On an undiscounted basis, it's worth
about $1.6 billion. And if we have one year that molybdenum returns to the
values that it was between 2004 and 2008, which is close to $30 per pound,
this project will pay back all its capital costs in less than a year."

Of particular interest to investors will be the Company's voluntary
"opt-in" application to have the Project reviewed under the British Columbia
Environmental Assessment Act ("BCEAA"). This "opt-in" request has been
accepted by the Environmental Assessment Office (EAO), in Victoria.

Mr. Nelsen explained that the Company acted proactively with respect to
the environmental review for three reasons. "One is we think it helps us
comply with the requirements under the Nisga'a Final Agreement... secondly,
it has a legislated time-frame, of 270 days which is very important to us and
thirdly the EAO has harmonised the environmental review process with the
federal government."

Avanti is focused on the development of the past producing Kitsault
molybdenum mine located north of Prince Rupert in British Columbia. Kitsault
has Proven and Probable reserves of 215 million tonnes grading 0.085% Mo and
containing 368 million pounds of recoverable molybdenum as outlined in the
Technical Report dated December 15, 2009 which is available on the Company's
website as well as at http://www.sedar.com. Mr. Kenneth Collison, Senior Vice
President of Project Development for the Company and a Qualified Person as
defined in NI 43-101, has reviewed and approved the scientific or technical
information in this press release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements: This news release contains certain
forward-looking information concerning the business of Avanti Mining Inc.
(the "Corporation"). All statements, other than statements of historical
fact, included herein including, without limitation; the closing of the
acquisition pursuant to the Agreement, the details of the cash payments and
share issuances required under the Agreement, recoverability of molybdenum at
the Kitsault property and other matters related to the development of the
Kitsault molybdenum mine, are forward-looking statements. These
forward-looking statements are based on the opinions of management at the
date the statements are made and are based on assumptions and subject to a
variety of risks and uncertainties and other factors that could cause actual
events to differ materially from those projected in forward-looking
statements. Important factors that could cause actual results to differ
materially from the Corporation's expectations include fluctuations in
commodity prices and currency exchange rates; uncertainties relating to
interpretation of drill results and the geology, continuity and grade of
mineral deposits; uncertainty of estimates of capital and operating costs,
recovery rates, production estimates and estimated economic return; the need
for cooperation of government agencies and native groups in the exploration
and development of properties and the issuance of required permits; the need
to obtain additional financing to develop properties and uncertainty as to
the availability and terms of future financing; the possibility of delay in
exploration or development programs or in construction projects and
uncertainty of meeting anticipated program milestones; uncertainty as to
timely availability of permits and other governmental approvals; and other
risks and uncertainties disclosed in the Corporation's Prospectus filed on
February 16 2010 and Annual Information Form for the year ended January 31,
2009, which are available at http://www.sedar.com. The Corporation is under
no obligation to update forward-looking statements if circumstances or
management's opinions should change, except as required by applicable
securities laws. The reader is cautioned not to place undue reliance on
forward-looking statements.

For further information: please visit http://www.avantimining.com, or
contact: Craig J. Nelsen, Chief Executive Officer, +1-303-565-5491, extension
4471, or A.J. Ali, Chief Financial Officer, +1-303-565-5491, extension 4472;
Tom Corcoran, Manager, Investor Relations, tcorcoran@avantimining.com or
+1-877-249-0640

Source: Avanti Mining Inc

For further information: please visit http://www.avantimining.com, or
contact: Craig J. Nelsen, Chief Executive Officer, +1-303-565-5491, extension
4471, or A.J. Ali, Chief Financial Officer, +1-303-565-5491, extension 4472;
Tom Corcoran, Manager, Investor Relations, tcorcoran@avantimining.com or
+1-877-249-0640

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