Avenira Limited: Maiden Indicated Mineral Resource at Baobab Phosphate Project
/EINPresswire.com/ -- PERTH, WESTERN AUSTRALIA -- (Marketwired) -- 12/07/15 -- Avenira Limited (TSX: AEV)(ASX: AEV) -
Highlights
-- Maiden Indicated Mineral Resource estimate of 12.6 million tonnes @
21.0% P2O5 at a 15% P2O5 cut-off grade within the Small Mine Permit at
Gadde Bissik East, part of the wider Baobab Phosphate Project.
-- Inferred Mineral Resource of 80 million tonnes @ 19% P2O5 estimated for
the remainder of Gadde Bissik East prospect, including more broadly
drilled portions of the SMP.
-- Infill resource drilling program continuing within and adjacent to the
SMP aimed at increasing estimated Indicated Mineral Resource tonnes.
-- Exploration drilling programs to recommence in early December targeting
prospective ground to the east of Gadde Bissik.
A copy of the full announcement can be viewed on our website under www.minemakers.com.au and on www.sedar.com.
Cliff Lawrenson, Managing Director
Contacts:
Avenira Limited
Mr Cliff Lawrenson
Managing Director and CEO
+618 9264 7000
Avenira Limited
Mr Rod Wheatley
CFO and Company Secretary
+618 9264 7000
www.avenira.com
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