Avanco sets A$10.6m Brazil exploration budget

The board of ASX-listed junior Avanco Resources has approved a A$10.6-million exploration budget for this year, to focus on its Brazilian projects. “Over the last decade, Avanco has accumulated an exciting portfolio of projects and tenements in the Carajas, a premier mineral province for the exploration and development of high-grade copper mines,” said executive director of exploration Simon Mottram.