re: Ann: Further Exceptional Copper Results f...
Nobody cares anymore. These are results from AS 6 years ago. Free digging copper just sitting there on the surface doing nothing. So what's it going to take to get this new copper out of the ground???
The Company is very pleased to report that exceptionally high grade oxide copper mineralisation has been intersected at the Carajas Copper Project in northern Brazil. The drilling results were returned from the Antas South Deposit at Avanco’s 100% owned Rio Verde Property. The exceptional high grade and shallow intercepts are reported below:
ARVA-17 38m at 7.49% Cu from 0m including 14m at 18.99% Cu from 22m ARVA-24 26m at 5.47% Cu from 18m including 6m at 21.02% Cu from 32m ARVA-49 20m at 5.12% Cu from 13m including 4m at 21.53% Cu from 17m
The drilling intersects confirm that the Antas South Deposit and the greater Rio Verde property host very high grade copper oxide zones. The existence of high value copper at surface will significantly enhance the potential project economics of the Rio Verde Mine development by facilitating early mining of high grade, free-digging starter-pits with the benefit of little or no waste pre-strip. The drilling results indicate that the length of the high grade zone may extend to over 300m of strike length. Additional results for the Antas South Deposit include:
AVB Price at posting:
6.9¢ Sentiment: Hold Disclosure: Held