AVB 0.00% 16.5¢ avanco resources limited

New Report by Hartleys, page-34

  1. 2,171 Posts.
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    G'day Phil.

    Its my understanding that ground surrounding the Antas property and the tenement in general is underexplored from a historical perspective. AVB having a processing plant operating within a stone throw of these deposits that you mentioned changes the potential viability of exploiting these deposits even if they are low grade as the ore could be used as feeder stock for the high grade contained in the main pit (and below).

    Added to this, with the company talking about lowing the cut-off grade of the resource we will see an increase of the overall size of the resource.

    We have seen how effective the EM gear is already with conductors located so close to the existing pit and we will see this replicated over these other deposits.
 
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