AVM 0.00% 2.3¢ advance metals limited

excellence in mining exploration conference

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    For AVM junkies you can listen to BT's 20min presentation to the above conference in Sydney this week on HC's boardroom radio link above.
    In it BT says that the updated resource statement at Kinsevere will be released 'in the next few weeks'. This program comprised of 14,000m of drilling and a couple of the intersections he quoted were 85m of 9.5%Cu in the oxide zone & 272m of 3%Cu in the sulphide zone.He also confirms that they'll be building a 60,000t/pa SXEW plant at Kinsevere instead of the original 30,000t plant due to the increased resource they've now found -will commit to this Mar/Apr 2007 & take 2yrs to build at a cost of $90mil.
    Also expects they'll reach the target of 100,000t/pa Cu prior to 2010.
 
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