#avanco copper

Avanco’s Pedra Branca PFS yields positive results

Avanco Resources (ASX:AVB) has released the results of a pre-feasibility study which was completed on its Pedra Branca copper-gold project. The mine plan calls for an average throughput of 1.2 million tonnes of rock per year, and this should allow Avanco to produce in excess of 50 million pounds of copper and 16,000 ounces of gold per year. The initial capex is estimated at US$158M, whilst the…