February 22, 2011 / 1:31 PM / in 6 years

UPDATE 1-Avion Gold sees more production in 2011

* Sees 2011 gold production of 100,000 ounces

* Sees Q1 production of 22,000 ounces

* Says plan to double plant capacity on track

Feb 22 (Reuters) - Canadian miner Avion Gold Corp expects to mine 12 percent more gold in 2011, on higher development ore production from its Tabakoto mine in Mali, West Africa.

Avion said it expects to produce 100,000 ounces of gold in 2011 -- 22,000 ounces in the first quarter -- up from about 87,661 ounces it produced in 2010.

The miner also said its plan to double plant capacity by the first quarter of 2012 remains on schedule.

Avion, which began commercial gold production in 2009, said initial development ore at its flagship Tabakoto underground mine -- in which it holds a 80 percent stake -- had begun and the mine is expected to swing to full production in the first quarter of 2012.

Shares of the Toronto-based miner closed at C$1.72 on Friday on the Toronto Stock Exchange. (Reporting by Abhiram Nandakumar in Bangalore; Editing by Don Sebastian)

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