Avanco Resources Announce Commencement of Commercial Production

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ASX:AVB

Avanco Resources Limited (ASX:AVB) announced that following the highly successful commissioning and ramp-up of the Antas Copper Project, commercial production has been declared effective from 1 July 2016.

Avanco Resources Limited (ASX:AVB) announced that following the highly successful commissioning and ramp-up of the Antas Copper Project, commercial production has been declared effective from 1 July 2016.
As quoted in the press release:

JUNE 2016 QUARTER PRELIMINARY METAL PRODUCTION

  • Steady-state production of approximately 1,000 tonnes per month of copper metal in concentrate achieved over 3 consecutive months
  • Preliminary total of 3,117 tonnes of copper and 2,260 ounces of gold produced during the June Quarter
  • Commercial production declared effective 1 July 2016 for an annualised output of 12,000t of copper in concentrate and 7,000oz of gold by-product credits

SEPTEMBER QUARTER PRODUCTION GUIDANCE

  • Production guidance for the third quarter is approximately 3,000 tonnes of copper and 1,750 ounces of gold

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