Anyhow, these are the sorts of drilling results that we have been hoping for! The HGZ is a nice get, but its important that AVB finds a deep massive sulphide copper mineralisation for the share price to launch over the next 12 months.
32m depth of copper mineralisation @ 4% Chalco (nee Copper) is very profitable. The Avanco geologists just need to prove up the resource with continued deep drilling.
This is exactly how Sandfire started!
One hole at a time, then the market understood and believed that SFR found a massive sulphide copper resource and the share price launched!
With 45,000m of drilling to come, IMHO, this bit of real estate will be very exciting! Cannot wait for the official assay results!
Cheers Nectar
AVB Price at posting:
9.7¢ Sentiment: LT Buy Disclosure: Held
