AVB 0.00% 16.5¢ avanco resources limited

rio verde drilling expanded

  1. 118 Posts.
    New Announcement

    HIGHLIGHTS
    ?? 50,000m drill programme aggressively expanding with five rigs already
    operational and further mobilisations scheduled.
    ?? One rig has commenced drill testing for sulphide copper mineralisation
    beneath the High Grade Zone with 9 holes programmed.
    ?? The second rig will test high priority targets within the recently
    acquired 14km copper soils anomaly with the first hole commenced at
    the Agua Boa Prospect.
    ?? The high copper soils at Agua Boa present a very clear ??bullseye??
    precisely coincident with the strong magnetic ??bullseye?? and is
    associated with magnetite alternation, typical of Carajas style IOCG
    mineralisation and support the potential for a substantial discovery.
    ?? With the arrival of additional rigs and improving weather, drilling
    rates are expected to increase significantly.

    Cheers, Youlman
 
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