From the AVST 12/2/05 10Q:
"Subsequent to September 30, 2005, the Company entered into a letter of intent with Copacabanna (T) Limited, a Tanzania corporation, to acquire certain gold properties in Tanzania. The property specific to the letter of intent is located in Mpwapwa, Kiteto and Kongwa Districts. Initial surveys of the property indicate the level of metal in the property is feasible for economic development of the property. Future sampling surveys will be necessary prior to the development to this property. The Company is working with companies and individuals that have had extensive background in the gold mining business."