Avanco Resources Reports High Grade Zones Drilled and Validated at Antas

Avanco Resources Limited (ASX:AVB) reported that results from Grade Control drilling validate the existence of shallow, high-grade copper zones hosted by the Antas Deposit, Brazil.
As quoted in the press release:

Drilling has enhanced the definition of high grade copper and high grade gold zones within stage one of the Antas Mine, currently under development:

• 12 metres at 3.52% Cu + 2.68g/t Au (4.7g/t Au uncut) from 18m incl. 3m at 5.90% Cu , 8.72g/t Au (17g/t Au uncut) from 21m
• 19 metres at 3.01% Cu + 1.86g/t Au (4g/t Au uncut) from 17m incl. 2m at 3.18% Cu + 10.00g/t Au (31g/t Au uncut) from 30m
• 7 metres at 11% Cu + 1.78g/t Au from 17m
• 14 metres at 6.67% Cu + 1.83g/t Au from 20m inc. 9m at 9.22% Cu + 1.85g/t Au from 22m

HIGHLIGHTS

• Assays from the first 71 grade control holes confirm the copper and gold grades recorded in the previous drill programmes
• Following the completion of the grade control orientation drilling program (5m x 5m spacing), production grade control has commenced (10m x 5m spacing)
• Grade Control drilling is the final step before blasting and ore mining which is scheduled for this month
• The open-pit has been excavated down to set bench levels where upon production grade control drilling is well advanced
• Intersections of high concentrations of massive sulphide mineralisation have been contiguous from discovery drilling though to Reported JORC Ore Reserves
• The copper/gold grade Resource model has been substantiated representing a significant step in mitigating geological risk
• Higher gold values add confidence and potential for upside

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