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Avanti Mining Inc. (TSXV:AVT) announced that it has received assays from the last 11 holes of its 2011 drill program at the Kitsault Mine molybdenum project located in northwest British Colombia.
As quoted in the press release:
The 2011 drilling program totaled 32 holes for 9,989 meters at the Kitsault deposit, 11 condemnation holes total 558 meters around Kitsault and 26 holes totaling 2,803 meters at Roundy Creek for a total of 12,350 meters.
Avanti President & CEO, Craig J. Nelsen, said:
“This year’s program was intended to convert approximately 35 million tonnes of Inferred material within the Kitsault final feasibility pit design that is currently defined as waste. We expect the drilling at Kitsault to convert a significant amount of Inferred resource to Indicated and Indicated to Measured. The drilling at Roundy Creek was intended to confirm prior drilling and allow us to calculate an initial 43-101 resource at this high-grade prospect.”
Click here to read the Avanti Mining Inc. (TSXV:AVT) press release
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