A few points ...from better judges than me.....
see http://investingnews.com/company-profiles/avanco-resources/
Owns or holds the rights to 100% of the second largest area of mineral tenure (behind Vale SA) in the Caraja- Mineral Province of Brazil
- Antas Copper Mine has a JORC Reported Ore Reserves (Proved + Probable) of 2.649 million tonnes at 3.19% copper and 0.66gpt gold for 84,518 tonnes of contained copper and 56,277 ounces of gold at a 0.9% Cu cut-off
- Development is underway at Antas with sufficient funding through to production; all key licenses/land agreements are in place
- Pedra Branca 50km from Antas Copper Mine
- Well supported by major institutional shareholders: Glencore, Blackrock World Mining Trust, Appian Natural Resources Fund and Greenstone Resources
- Brazil location offers significant acquisition opportunities to enhance shareholder value
- Upcoming Catalysts:
- Q4 2015: Scoping Study completed and Mine Decision at Pedra Branca
- Q1 2016: Production Commencement at Antas Copper mine
- Q1 2016: Pre-Feasibility Study completed at Pedra Branca
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- Potential surely... just a reality check
Potential surely... just a reality check
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