Avira Resources Expands Exploration Assets in Ashburton Region

Avira Resources Ltd ( (AU:AVW) ) has provided an announcement.

Avira Resources Limited has completed the acquisition of exploration license E52/4413, expanding its Tangadee Project to include three exploration licenses in the Ashburton region. This acquisition is part of Avira’s strategy to grow and diversify its exploration assets, focusing on magmatic Cu-Ni and sediment-hosted Cu-Zn sulphide targets. The company plans to conduct a field trip to assess target areas, engage with native title parties, and perform geological mapping to define potential drill sites. The acquisition and planned activities are expected to strengthen Avira’s position in a region with active exploration by several companies, potentially impacting its operational capabilities and market positioning.

More about Avira Resources Ltd

Avira Resources Limited is an exploration company operating in the Ashburton region of Western Australia. The company focuses on the exploration of copper-zinc (Cu-Zn) and copper-nickel (Cu-Ni) sulphide deposits, with a strategic emphasis on expanding its asset base and enhancing its exploration projects.

Technical Sentiment Signal: Sell

Current Market Cap: A$1.54M

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