Avalon Minerals Acquires Hannan’s Discovery Zone Prospect for $4 Million

Mining Weekly reported that Avalon Minerals has acquired Hannan’s Swedish Discovery Zone copper-iron prospect for $4 million.

As quoted in the Mining Weekly report:

The Discovery Zone prospect included the Rakkurijarvi exploration permit and the Discovery Zone exploitation concession application, and has a current inferred mineral resource of 10.9-million tons, at 0.31% copper, 38.7% iron, and 0.08 g/t gold.

To view the whole Mining Weekly report, click here.