126 METRES OF MINERALISATION INTERSECTED AT PEDRA BRANCA The...

126 METRES OF MINERALISATION
INTERSECTED AT PEDRA BRANCA
The Company is pleased to report an important development at Stage II
(Pedra Branca) where ~126 metres of Copper mineralisation has been
returned in the Western Zone. This underscores the potential for
substantial resource growth.

New hole APBD-12-24 contains 126 metres of continuous
mineralisation averaging ~3% Chalcopyrite
1
from 248 metres
2
. Assay
results are expected within weeks.

APBD-12-24 is collared 100 metres down-dip of APBD-12-18
3
(24.00m
at 1.50% Copper, 0.50g/t Gold, including 9.80m at 2.41% Copper,
0.80g/t Gold )

Within APBD-12-24, a 20 metre
2
higher grade zone (~5%
Chalcopyrite
1
) has been logged, which is double the width of the high
grade zone intersected in APBD-12-18
1
above it.

Additional to, and below the 126 metre intersection (separated by 11
metres
4
), a new 16 metre zone of mineralisation has been discovered
averaging ~6% Chalcopyrite
1
.

126 metres is the widest intersection to date (previously ~54 metres)
and confirms thickening mineralisation at depth.

Escalating grade and widths indicate that potential in the Western
Zone could be similar or better at depth, than the Eastern Zone.

Drilling is planned 100 metres East of APBD-12-24 to test the
continuity of mineralisation.

Stage II Western and Eastern Zones remain open at depth and are
now both thickening a depth.

These exciting results represent an important development and
reinforce the probability of substantial resource growth, and the
potential scope for a long life open pit/underground development.

Current JORC Reported Mineral Resource Inventory for Stage I & II:

52.11Mt at 1.27% Copper, 0.32g/t Gold for 661,000 tonnes
of contained Copper and 527,000oz of Gold

The Company is reviewing its resource objectives for Stage II
STAGE II - PEDRA BRANCA
As previously reported drilling in the Western Zone (APBCD-14 and APBD-
18) shows the near surface multiple lenses merge to form a single broad
mineralised structure with a distinct high grade core developing. AVANCO RESOURCES LIMITED
APBD-12-24
Western Zone
APBD-12-24
Western Zone (close-up)
Recent intersection ABPD-12-18 assayed at close to double the normal average
grade observed previously in the Western Zone, indicating potential that this
zone could develop at depth similarly to the high grade Eastern Zone:
Tony Polglase
Managing Director