AVB 0.00% 16.5¢ avanco resources limited

Here is a bit of news that may indicate that management are now...

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    Here is a bit of news that may indicate that management are now focusing all their efforts on getting this mine into production.

    Lara Exploration reported back on 16th July the following;

    "In Brazil, Avenue Resources Ltd., has terminated its earn-in option on both the North Brazilian Tin Project and Avanco Resources Ltd. has terminated its earn-in option on the Company’s Conceição Nickel Project."

    This decision on Conceição comes after completing the initial 1500 metre drill program and then agreeing to move to a 100% ownership of the project.

    This is an interesting change of direction by the directors and may be further evidence that they believe their first copper mine in the Carajas is close to reality.
 
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