Avala Resources Commences to Confirm Continuity of Mineralization at Bigar Hill, Serbia and Provides Exploration Update

LONGUEUIL, QUEBEC–(Marketwire – Oct. 17, 2011) – Avala Resources Ltd. (TSX VENTURE:AVZ) (the “Company” or “Avala”) is pleased to present an update on progress and drill results from the Korkan-Bigar trend, part of the sediment-hosted gold belt within the Cretaceous magmatic arc bordering the Timok Magmatic Complex (“TMC”) in Eastern Serbia.