Avira Advances Mt Cattlin Drilling Programme Towards Maiden Gold Resource
Avira Resources Limited (ASX: AVW) has made significant progress at its Mt Cattlin Gold Project during the June quarter, advancing its inaugural 4,500-metre reverse circulation drilling programme following the receipt of key regulatory, environmental and heritage approvals. The Company completed 1,910 metres of drilling across the Maori Queen and Plantagenet prospects, with drilling designed to support a maiden Mineral Resource Estimate targeted for the fourth quarter of 2026. Initial geological observations from the drilling support the projected down-dip extension of high-grade gold mineralisation, while assay results from the first batch of samples are expected to be released progressively. Although drilling was temporarily suspended due to persistent wet weather, Avira plans to resume operations in early spring, with exploration to continue at the Sirdar and Ellendale prospects. The Company also progressed target prioritisation at its Tangadee Project while ending the quarter with a cash balance of AU$1.45 million.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Avira Advances Mt Cattlin Drilling Programme Towards Maiden Gold Resource
Avira Resources Limited (ASX: AVW) has made significant progress at its Mt Cattlin Gold Project during the June quarter, advancing its inaugural 4,500-metre reverse circulation drilling programme following the receipt of key regulatory, environmental and heritage approvals. The Company completed 1,910 metres of drilling across the Maori Queen and Plantagenet prospects, with drilling designed to support a maiden Mineral Resource Estimate targeted for the fourth quarter of 2026. Initial geological observations from the drilling support the projected down-dip extension of high-grade gold mineralisation, while assay results from the first batch of samples are expected to be released progressively. Although drilling was temporarily suspended due to persistent wet weather, Avira plans to resume operations in early spring, with exploration to continue at the Sirdar and Ellendale prospects. The Company also progressed target prioritisation at its Tangadee Project while ending the quarter with a cash balance of AU$1.45 million.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au