a few snippets from the 1/4'ly which jumped out regarding developments / updates:
"Infill drilling to upgrade the classification of JORC Reported Resources at Pedra Branca is close to completion. An update will be delivered pending receipt of results"
Pedro Branca: "Observations to date are within or better than expectations, and a full update will be delivered following completion of key drill holes and receipt of assays. Two drill rigs are currently operational with drilling expected to finish in May. This will be followed by resource modelling and mine design."
"Several potentially high value exploration licenses have been granted by the authorities. The Company believes these will add significant opportunity to Avanco’s regional target inventory. Management continue to examine new opportunities as they arise with a number of projects considered interesting and worthy of closer evaluation."
"A number of new hires are being aligned in readiness for operations and will include a Brazilian CFO & Mining Manager."
"Negotiations continue with respect to the Antas copper concentrate off-take and management expect to be in a position to award the sale of off-take during Q2. In the interim and cognisant of potential related party issues arising, the Company has obtained ASIC approval to defer the Annual General Meeting to June 2015."
