Mr AKM & GBG's next stock is shaping up
AVI
Ongoing exploration and resource development drilling has returned further
outstanding results from the D Zone, including:
o 18m @ 1.4% Cu and 35% Fe from 95m
o 44m @ 1.2% Cu and 30% Fe from 58m
o 19m @ 0.9% Cu and 26% Fe from 94m
Drilling extends D Zone mineralisation north, south and at depth
Drilling of new down plunge targets at D Zone now underway
Ongoing DTR metallurgical test work provides further confirmation magnetite
mineralisation can be upgraded to high-quality +70% Fe product with low
impurities, intersections include:
o 80m @ 71.1% Fe and 0.7% SiO₂ with 31% weight recovery from 89m
o 20m @ 71.0% Fe and 0.8% SiO₂, with 36% weight recovery from 119m
?The good ore width, strong copper grade and quality of the iron ore concentrate from D Zone provide the potential for a low cost open cut mining operation,?
above average Cu grades but good wide intervals + magnetite credits
excellent DTR results on upgrading magnetite, very high grade Fe product can be produced + low impurities
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