 |
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
 |
 |
 |
Project Overview
The Carajas Projects
Avanco's principle projects are located in the Carajas Mineral Province which hosts numerous world class copper-gold, nickel, iron ore mines and other well known giant deposits. The region is considered very prospective for the discovery of new mineral resources.
Avanco owns 100% of four Carajas exploration properties held through option agreements with its Brazilian subsidiary companies.
Avanco Resources is an explorer-developer focussed in the Carajas
Avanco's Carajas Projects
CARAJAS PROJECTS
RIO VERDE COPPER
This project comprises a 9,000ha exploration area. In 2008-2009 Avanco completed a drill program and a JORC complient copper resource estimate for the Antas South Deposit which lies within the boundaries of Rio Verde. The Rio Verde property hosts 5 known additional copper targets which have yet to be adequately drilled and the area is considered very prospective for further discoveries.
Avanco is focussed on the Rio Verde High Grade Project with the objective of realising near term copper production.
SERRA VERDE COPPER GOLD
The Serra Verde property is a 7,500ha exploration license located a few kilometres north of the Rio Verde Project. A historic large open pit exists on the property and there are two known additional mineralised occurrences called Alagoano and Pedro, which represent good copper gold targets.
TOURO NICKEL PROJECT
The Touro Nickel Project is located within the boundaries of the Trindade South property which comprises four contiguous tenements amounting to ~15,000ha. This property is located within a very prospective part of the Carajas region approximately half way between Vale's Ounca-Puma nickel mine and the Vermelho nickel deposit. One of the worlds largest undeveloped iron ore deposit, Vale's Serra Sul, is just a few km's north of Trindade South.
Avanco believes Trindade South to be prospective for nickel sulphides and copper. Exploration commenced at the Touro Nickel Project in late 2009.
TRINDADE NORTH IRON ORE
The Trindade North property is located close to Vale's N4-N5 world class iron ore mine in the Carajas. This exploration area is believed to be prospective for the discovery of iron ore.
Other Mineral Provinces
BAHIAN BASE METALS
Avanco owns a number of prospective lead-zinc tenements in the north-eastern state of Bahia.
