The potential at depth at AN is self evident and we have spoken about the satellite deposits as potential feeders to the AN plant.
There is also many other targets available to them to feed AN and I can see a day when Avanco have numerous small high grade deposits feeding into the AN plant which can easily be scaled up. Owen has spoken about the potential to add a second ball mill.
There are numerous magnetic anomalies within close distance on the neighbouring adjacent tenement to the west being a Central Copper anomaly and a larger Southern anomaly. Refer to image on page 7 of the Helmsec Broker report dated June 2013.
Clean high grade deposits will become increasing more valuable IMO and the smaller potential deposits which have been ignored (or land banked) in the past will become the speciality of a boutique miner and nimble miner like AVB. They will build a JORC of high grade and will have a staged approach to monetise it.
AVB Price at posting:
7.7¢ Sentiment: Buy Disclosure: Held
