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Avanco adds resources to Pedra Branca

Australian-listed Avanco Resources has increased the resource base at its Pedra Branca copper project in Carajas, Brazil, with more than 50% now ranked in the indicated category.

The project, which Avanco acquired from Xstrata (now Glencore) in February 2012, has 454,000t of contained copper resources, an 18% increase on its June 2013 resource update.