AVB 0.00% 16.5¢ avanco resources limited

Ann: Antas on Track for Commercial Production-AVB.AX, page-8

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    STRONG START TOWARDS COMMERCIAL PRODUCTION

     Ramp-up well on track to steady-state operations of 1,000 tonnes per month of copper in concentrate
     Mining activities delivering tonnes and grade to plan
     Flotation performance confirms simple ore mineralogy
     2,646 tonnes of copper and 1,728 ounces of gold produced-1,2
     2,120 tonnes of copper and 1,288 ounces of gold shipped-1,2
     288 tonnes of copper in concentrate stockpile2
     Provisional invoices for US$8.5m received with a further US$1.8m outstanding  Balance sheet remains strong, debt and covenant free


    1. Numbers may be subject to change following end of Q2 reconciliations
    2. Approximate value on 31 May 2016
 
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