Exploration / Development > Resource-definition

Avanco lifts CentroGold resource

Brazil miner Avanco Resources (ASX: AVB) has posted a 45% increase in the resources for its CentroGold project in the nation to more than 1.9 million ounces, and while permitting hurdles remain, the company is aiming to complete a scoping study early in 2018.

Staff reporter

Exploration / Development > Resource-definition

Avanco lifts CentroGold resource

Brazil miner Avanco Resources (ASX: AVB) has posted a 45% increase in the resources for its CentroGold project in the nation to more than 1.9 million ounces, and while permitting hurdles remain, the company is aiming to complete a scoping study early in 2018.

Staff reporter

Avanco lifts CentroGold resource

Avanco wants to start pre-feasibility study work at CentroGold by mid-2018

The expanded figures include the maiden resource for the Chega Tudo deposit of 11.3 million tonnes at 1.6 grams per tonne gold for 577,000 ounces, within the project's wider JORC resource of 31.5Mt at 1.8gpt 1.86Moz.