🕐18.11.09 - 01:27 Uhr

Avanco Resources [ASX: AVB] - Drilling at Touro Nickel Project, Brazil



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Avanco Resources [ASX: AVB] - Drilling at Touro Nickel Project, Brazil

Avanco Resources (ASX: AVB) announces that the first diamond core drill hole completed to a depth of 430.1 metres at the Touro Nickel Project on the Trindade South Property (Brazil) has intersected: 130 metres at 0.09% Nickel from 282 metres.

Although not economic, this early drilling result is highly encouraging and indicates that significant widths of nickel mineralisation are present within the Touro Sill.

The drill intercept is hosted within a meta-pyroxenite and the Company believes that higher concentrations of sulphide may be indentified towards the base of the Touro Sill.

The Company is highly encouraged by this initial result and has immediately commenced further geochemistry and geophysical programmes over the entire Touro Sill with the aim of identifying higher concentrations of nickel sulphide.



The Touro Sill has many geological similarities to to Mirabela Nickel�s giant Santa Rita Nickel Project also located in Brazil.

The Touro Sill is a differentiated mafic sill and has dimensions of approximately 5km x 1.5km and remains largely underexplored with only one drill hole being completed by the Company and assayed for nickel.

Please find images and details in the attached announcement.

For further information, please contact:

Matthew Wood
Chairman
E-mail:
Tel: +61 8 9321 6600

Media enquiries:
Bill Kemmery
Fortbridge
E-mail:
Tel: +61 2 9331 0655
Mob: +61 400 122 449

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