Avanco Resources (AVB)

Shares / Stock Code

AVB

Stock Exchange / Sharemarket

Australian Securities Exchange

Avanco Resources Limited is in the business of copper and gold exploration in Brazil. It was listed in the asx on 13 December 2007 with its unique ticker symbol AVB. It is located in 33 Richardson Street, Level 1, WEST PERTH. Avanco Resources Limited (AVB) is a company that acquires and develops resource projects in mineral deposits in Brazil. The company currently has two projects: the Carajas Copper project and the Central Brazilian Gold Project. Therefore, the principal activity of this company is copper and gold exploration in Brazil.

In early 2008 Avanco commenced exploration of the Carajas Copper Project on the Rio Verde Property in northern Brazil, drill results soon confirmed the discovery of a significant copper oxide deposit at the Antas South target. In August an exceptionally high grade copper zone was intersected at the Antas South Deposit. The Company published a maiden JORC compliant resource in January 2009. Leveraging from its management’s strong in-country knowledge and technical expertise, Avanco’s objective is to develop a pipeline of copper projects at Rio Verde.

The Carajas region is by virtue of the known mines and recent discoveries, regarded as one of the most prospective mineral provinces in the world for the discovery of copper-gold ores. The Company has four Carajas exploration properties and is actively seeking to increase its presence in the region. Avanco’s vision is to build a successful copper mining company through, exploration acquisition and development of Carajas Copper Projects. Mr Matthew Wood is currently working as the chairman of Avanco Resources Limited (AVB). In addition, two non-executive directors (Mr Scott Funston & Mr Anthony Polglase) are also working for the company along with company sectary Mr Scott Funston.

Avanco Resources (AVB) Products and Services

  • Copper and gold exploration in Brazil

Avanco Resources (AVB) Locations and Subsidiaries

Avanco Resources Head Office
33 Richardson Street, Level 1,
WEST PERTH
Phone: 08 9321 6600
Fax: 08 9200 4469

Avanco Resources (AVB) Share Price

Submitted by ASX Listed Company on 28 February, 2010 - 00:39

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