Sydney - Wednesday - May 11: (RWE Aust Business News) - Avanco Resources (ASX:AVB) has excellent results from drilling along strike at Rio Verde high grade zone, Brazil. Latest results include 1.85m at 28.17pc copper from 59.7m, 0.8m at 26.75pc from 21.2m, 2.75m at 3.6pc from 91.9m with 0.5m at 14.31pc from 91.9m, 3.9m at 6.05pc from 43.1m with 0.7m at 17.63pc from 43.1m and 0.6m at 5.53pc from 63.1m. Substantial intersections of near surface mineralisation have been returned from the eastern extension of Antas South. These too remain open along strike. Results are 38m at 1.53pc copper, 18.4m at 0.58pc, 27.6m at 0.65pc from 3.7m and 9m at 0.99pc from 41m.
AVB Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held