Avanco announced half-yearly results for year end 2008
Avanco Resources announced its maiden resource estimate for the Antas South Deposit in the Carajas Province of Brazil. Antas South is only the first of six copper targets planned to be drilled on the Company’s 100% owned Rio Verde Property. The company is currently investigating the potential associated with the high grade resource to support a “starter” copper project. Initial evaluation of the starter project indicates potential for strong cash flows at prevailing cheap copper prices.
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Sun, Mar 15, 2009
Post by Mike Rodger, Copper Reporter