AVB 0.00% 16.5¢ avanco resources limited

today i rang 08 9321 6600, page-51

  1. 230 Posts.
    Zachary...

    Correct me if I'm wrong here, but I believe Avanco are using ALS commercial in Peru and SGS Geosol Laboratrios Ltd commercial in Vespasiano...either way it looks to be a combination of BQ/HQ diamond cores...this is definitely very time consuming in prepararion being also dependent on length and then logging, cutting, spliting, sampling, transporting, storing etc... Another consideration, easily overlooked by some here...is that Avb isn't the only exploration company operating in Brazil...Avb job lots are probably sitting in a queue waiting to be processed, along with a pile of other lots from other companies...

    Hole 146 that you are talking about has a solid 32m zone at 4% chalko which translates into out 1.25% of contained Cu being a very strong alteration zone being indicative of a major lode beyond 100-200m...deeper drilling here will prove prospective widening at depth...this is another reason IMO makes Avb interesting moving forward...it appears very likely the highgrade zones do indeed extend west...

    Its a tough market, but AVB has 19 million in kitty and 40,000m to go in the current drilling campaign with labor costs cheap and cost of expenditure items comparable to local costs...Avb has well experianced tech. staff on the ground working...

    IMO AVB is well then positioned for MC growth 6 to 12 months out...
 
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