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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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