Avanco Resources 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 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 mineralization 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 identified towards the base of the Touro Sill.
Avanco Resources 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 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 5 kilometres x 1.5 kilometres and remains largely under explored with only one drill hole being completed by the Company and assayed for nickel.
