AVB
Click for more information
0.00% 16.5¢ avanco resources limited

The Company is pleased to report commencement of the Pedra...

  1. stevenh
    129 Posts.
    clock Created with Sketch.
    27/01/15
    08:41
    Post #: 14642908
    The Company is pleased to report commencement of the Pedra Branca1 Resource Upgrade drill programme. This follows encouraging progress pertaining to the Antas (Stage 1) debt facility. Two rigs have been mobilised with the first holes already collared. Avanco is seeking to add value to it second and proximal much larger Pedra Branca (Stage 2) high grade copper project by way of this infill drill programme. On completion the Company aims to roll out a Scoping Study supporting a “Decision to Mine” in 2015. Management anticipate aligning cash flow from Antas with development expenditure at Pedra Branca.
    AVB Price at posting: 7.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

SXL Southern Cross says no to buy up of Australian Community Media assets
right-arrow Created with Sketch.
PH2 Pure Hydrogen to supply hydrogen-fuelled garbage truck to City of Newcastle
right-arrow Created with Sketch.
SUN ANZ deal to buy Suncorp to go ahead following approval from Treasurer
right-arrow Created with Sketch.
SVL Silver Mines models five new calderas close to 396Moz Bowdens deposit
right-arrow Created with Sketch.
CMX ChemX Materials kicks off first stage works at WA high purity alumina pilot
right-arrow Created with Sketch.
NIM Nimy extends sulphide targets at Mons with new anomalies identified
right-arrow Created with Sketch.
watchlist Created with Sketch. Add AVB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.