Avion Resources Intersects 13.56 G/T Gold Over 22.5 Metres, 800 Metres Northeast of the Tabakoto Pit in Mali

TORONTO, ONTARIO–(Marketwire – Aug. 21, 2008) – Avion Resources Corp. (TSX VENTURE:AVR)(“Avion”), 80% owner of the Tabakoto and Segala gold projects located in Mali, West Africa, today announced the results from exploration drilling outside of the historic resources and from a surface rock sampling program of debris from orpeilleur prospecting pits. Results from 12 of 26 holes drilled outside of the previously defined mineralization have been received (see Figure 1). Hole DS-08-01, which tested the Dar Salam zone, returned 13.56 g/t gold (Au) over 22.5 metres core length from 40.5 to 64.5 metres hole depth and 20.80 g/t Au over 4.9 metres core length from 86.1 to 91.0 metres hole depth and represent the best results to date.

Hole DS-08-01, which is shallow enough to represent potentially open pittable material, is located approximately 800 metres northeast of the Tabakoto pit, on the northward continuation of the mineralized Tabakoto trend. The hole was drilled 35 metres above a previous intercept that returned 16.05 g/t Au over 3.0 metres core length.

“These results further confirm management’s belief in the Segala and Tabakoto properties as they continue to exhibit potential for additional open pit and underground exploration targets,” commented Rene Bharti, President and CEO of Avion Resources Corp.

The Dioulafoundou area was tested with three holes along a 600 metre portion of the target area. All three holes intersected significant gold values with hole D-08-03 returning 10.96 g/t Au over 6.0 metres.

Results for three of the 13 holes drilled in the Segala Zone area have been received, with the most significant intercept containing 8.51 g/t Au over 10.5 metres from the Far NW Segala zone. This intercept is located approximately 900 metres northwest of the Segala Zone on a parallel mineralized structure.

Significant intersections from the most recent drill results on the Avion properties, not including intercepts previously reported for the Segala Zone, include the following:

——————————————————————– —— ——————————————————————– —— ________________________________________________________________Core ________________________________________________ From____ To__Length____Au Area____________________________________ Hole______(m)____(m)____ (m) (g/t) ——————————————————————– —— Diolafoundou__________________________D-08-01__ 118.0__124.0____ 6.0__2.08 ——————————————————————– —— ______________________________________D-08-02__ 137.5__158.5____21.0__1.22 ——————————————————————– —— ________________________________________ incl.__137.5__142.0____ 4.5__2.32 ——————————————————————– —— ________________________________________ incl.__151.0__154.0____ 3.0__3.35 ——————————————————————– —— ______________________________________D-08-03__ 130.5__135.0____ 4.5__3.86 ——————————————————————– —— ________________________________________________153.0__159.0____ 6.0 10.96 ——————————————————————– —— ______________________________________D-08-04__ 144.5__146.0____ 1.5__1.37 ——————————————————————– —— Dar Salam____________________________ D-08-01____40.5__ 64.5____22.5 13.56 ——————————————————————– —— ________________________________________________ 68.1__ 91.0____ 4.9__20.8 ——————————————————————– —— ______________________________________D-08-02____89.8__ 91.2____ 1.4__1.42 ——————————————————————– —— Segala Area__________________________ S-08-08__ 119.0__129.5____10.5__8.51 ——————————————————————– —— ______________________________________S-08-09____48.0__ 49.5____ 1.5__1.12 ——————————————————————– —— ______________________________________S-08-10__ 102.0__103.5____ 1.5__1.54 ——————————————————————– —— ________________________________________________144.0__145.5____ 1.5__3.55 ——————————————————————– —— ——————————————————————– —— NB: There is not enough information to estimate the true widths of the ____drill intercepts.

In total, 121 rock samples were collected from orpeilleur pit spoils with 41 samples returning greater than 1 g/t Au with an assay high of 353 g/t Au (see Figure 2). Sample data indicates that a cluster of higher grade grab samples were collected nearby the high grade 353 g/t Au sample. This area, located northeast of the Tabakoto zone, has not yet been drill tested. A drill hole collared approximately 150 metres south of the high grade sample returned 26.0 metres grading 0.36 g/t Au (see Figure 2).

The NE Orpaillage gold (Au)-in-soil trend is inferred to be four kilometres long. Au-in-soil values range up to 580 ppb gold. Gaps in the trend occur where streams cross the trend and recent stream sediments do not allow access to the soil below. Five core drill holes totaling 1,350 metres are planned to test this mineralized trend. Additional holes will depend on results of this first phase of drilling.

“The exploration program outside of the Tabakoto and Segala zones is returning encouraging intercepts that will require follow-up, while the work to develop updated resources for the Tabakoto and Segala zones continues,” stated Don Dudek, Senior Vice President, Exploration of Avion Resources Corp. “One drill will continue to test for new zones while a second drill will focus on delineating the mineralized zones within the potential pit envelope of the past producing Tabakoto deposit.”

Avion’s procedures for handling drill core comprise initial description and logging into a Microsoft Access database. Mineralized and suspected mineralized intervals in the holes are described in detail and marked for sampling. Core is then cut in half with the right-hand portion of the core put into plastic sample bags and sealed. Assay standard samples are inserted every 20th sample and split core from every 20th sample is also quartered and sent in as a separate sample to double check the assays from these intervals. This sampling procedure was initiated and periodically reviewed by Avion’s Senior Vice President of Exploration, Don Dudek. These samples were then delivered to a representative of ALS Chemex based in Bamako, Mali. The assay samples are then fine-crushed to better than 70% passing a -2mm screen, with an assay pulp split of up to 250 grams pulverized to better than 85% passing 75 micron screen. Gold values were determined by Fire Assay and AAS with a 50 gram nominal sample weight. Avion is also subjecting the samples to ICP analysis to enable a better understanding of the trace element signature of the mineralized zones and thus aid exploration in the future.

Don Dudek, P.Geo. Avion’s Senior Vice President, Exploration is the Qualified Person for this news release as defined under National Instrument 43-101 and is responsible for the technical and scientific work carried out in this program and has reviewed and approved the information presented in this release.

About Avion Resources Corp.

Avion Resources is a Canadian-based exploration and development company focused on strategic acquisitions in Africa. Avion has a team of highly qualified geologists, as well as a strong operational team that is exploring various properties in the previously mentioned region. Avion currently holds 80% of the Tabakoto gold mine and the Segala gold deposit in Mali and 100% of an exploration project in Ethiopia that has a total land position of 4,400 square kilometers.

Cautionary Notes

This press release contains “forward looking information” within the meaning of applicable Canadian securities legislation. Forward looking information includes, but is not limited to, statements with respect to the future financial or operating performance of the Company, the prospective mineralization of the properties, planned exploration programs, anticipated production schedule and terms, availability and likelihood of future acquisitions, and the prospective nature of the Tabakoto and Segala projects. Generally, forward looking information can be identified by the use of forward- looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; reliance on contractors; the actual results of current exploration activities; ability to successfully integrate the purchased properties; foreign operations risks; and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward- looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

To view figures of the Tabakoto pit drill results please visit the following links:

Figure 1:

http://media3.marketwire.com/docs/FIGURE%201%20avr.pdf

Figure 2:

http://media3.marketwire.com/docs/AVR%20FIGURE%202.pdf

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