Avanco triples Rio Verde resource

Copper developer Avanco Resources has tripled the Joint Ore Reserves Committee (Jorc) compliant resource of its Rio Verde project, in Brazil, to some 17.77-million tons, at 1.17% copper and 0.3 g/t gold for 209 000 t of contained copper and 171 000 oz of gold. The upgrade included a maiden Jorc mineral resource for the Antas North deposit of 7.69-million tons, at 1.6% copper and 0.43 g/t gold, for 124 000 t of contained copper and 106 000 oz of gold.

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