AVB 0.00% 16.5¢ avanco resources limited

how much cu have they got?

  1. 1,895 Posts.
    Just carrying out some more through research on AVB (was a bit rushed during the week) and thought this extract from the Annual Report was well worth re-reading;


    Copper mineralisation at the Antas South Deposit is now delineated to extend over a strike length of two kilometres and is
    open to the north west and south east. Drill results returned from the Antas South Deposit show intersections of continuous
    copper oxide mineralisation extending from surface to 80 metres down hole. The JORC resource of 210,000t at 11.65%
    Copper (HGZ) extends from surface and has been modelled over a strike length of two hundred and fifty metres. The HGZ
    is open to the north west where high grade copper showings outcrop at surface. Additional surface showings of high grade
    copper have been discovered by the Company at Antas South, Antas North and other Rio Verde targets. These surface
    expressions are potential indicators for the location of further high grade mineralisation.
    Deeper drill intersections in fresh rock at both Antas South and Antas North are now interpreted to indicate the existence of
    high grade sulphide copper mineralisation underlying the oxide zone. The Antas North Deposit (currently no JORC resource
    calculated) returned drill results including 49.3m at 2.4% copper in the fresh rock. The high grade sulphide zone at the
    Antas North Deposit is overlain by a significant copper oxide zone which has also not yet been fully explored.



    So my understanding is the JORC is for a 250m stike of a potential 2,000m and is still open to the NW and SW. Also the North Deposit has had a hit of 49m @ 2.4%Cu - and this hasnt had a JORC yet?

    If this was in Aussie where would the sp be?

    Sorry for the long post, but thought this was worth it.
 
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