step out drilling extends trident by 500m

STEP OUT DRILLING PROGRAM EXTENDS TRIDENT BY 500m
Avoca Resources Limited (Avoca) is pleased to announce the results of an aggressive step out diamond drilling program at Trident, located within its 100% owned Higginsville Project in Western Australia. The results from the drilling program have extended known mineralisation at Trident by 500m. The first drill hole successfully targeted Athena mineralisation 400m north of the current Athena resource boundary, whilst a second drill hole successfully tested the Western Zone structure 250m below the Western Zone resource boundary. In addition, a recently completed 15 hole diamond drill program beneath the southern end of the Poseidon South pit has defined ore grade mineralisation 300m south of the current Poseidon South resource. Figure 1 shows the location of the new intersections in relation to the newly updated 927,000 ounce Trident resource.
Athena
A single diamond drill hole, HIGD118, was drilled to test for the down plunge continuity 400m north of the current Athena resource boundary. The drill hole intersected two zones of mineralisation at the target depth. Assay results for the two zones returned:
• 2m @ 25 g/t gold from 783.5m
• 3.75m @ 4.4 g/t gold from 799.9m
The mineralisation encountered within the drill hole is visually similar to the Athena-style mineralisation. The first intersection is associated with abundant visible gold in ultramafic adjacent to a thin quartz vein. The second intersection relates to a 5m wide zone of quartz veining which includes arsenopyrite, galena and visible gold. It is possible the mineralised zones correspond with the Athena 10 and 30 positions.
however given the closest up-plunge drill hole is 400m to the south; it remains possible the intersections represent new Athena surfaces.
The presence of Athena-like mineralisation 400m down plunge of Athena is highly significant. A surface drilling program will commence in the New Year to test for additional mineralisation around the HIGD118 intersections. The drilling program has the potential to provide a material extension to the Trident life of mine.

Western Zone

A single diamond drill hole, HIGD147, was drilled to test the interpreted down-dip position of the Western Zone mineralised structure 250m below the Western Zone resource boundary at Trident. The hole intersected a 3m wide zone of quartz-arsenopyrite-pyrrhotite veining at 700m down-hole in the projected position of the Western Zone. Visible gold was observed in a quartz vein. Assay results are pending. The presence of mineralisation below the currently defined Trident deposit is considered significant and provides strong encouragement that new ore positions outside the immediate Trident environs are possible