AVO avoca resources limited

more high grade for avoca

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    29 March 2007
    NO. OF PAGES: 2
    Company Announcements Office
    Australian Securities Exchange
    4th Floor
    20 Bridge St
    SYDNEY NSW 2000 VIA: www.asx.online.com
    Dear Sir/Madam,
    HIGH GRADE RESULTS FROM ERIN JV
    Avoca Resources Limited (Avoca) is pleased to announce new high grade results from
    recently completed diamond drill holes at its 90% owned Erin Prospect, in Higginsville,
    Western Australia. Results include:
    0.7m @ 159 g/t gold from 191.4m in diamond hole ERID008
    0.4m @ 24.6 g/t gold from 188.3m in diamond hole ERID010
    1.0m @ 10.0 g/t gold from 217.7m in diamond hole ERID008
    0.9m @ 9.7 g/t gold from 118.9m in diamond hole ERID007
    The drilling was designed to test for depth continuity of the historically mined shoots within
    the 800m long Erin Line. Drill holes ERID008 and ERID010 have successfully intersected
    high grade veins interpreted to have continuity over at least an 80m strike, and remain
    open to the north and south. Further drilling is required to extend the strike continuity and
    depth potential of the high grade intersections. The target deposit at Erin is an
    underground Athena style high grade reef (+100,000 ounces) amenable to conventional
    mechanised mining methods.
    The results continue to affirm the Avoca Directors’ view that Higginsville will develop into a +10 year gold mining operation.

    Background to Erin Line
    The Erin Prospect covers the Historical Higginsville workings located 3km south of
    Avoca’s 800,000 ounce high grade Trident deposit and 600m west of Avoca’s 130,000
    ounce Fairplay deposit as shown in Figure 1. Historical production from extensive shallow
    workings over an 800m strike length locally known as the Erin Line was the largest
    producer in the Higginsville area prior to modern exploration and mining.
 
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