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Last A$0.03 AUD
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AVI On Other Exchanges
As of 1:07 AM 07/27/15 All times are local (Market data is delayed by at least 15 minutes).

avalon minerals ltd (AVI) Snapshot

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07/31/14 - A$0.09
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12/29/14 - A$0.02
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avalon minerals ltd (AVI) Details

Avalon Minerals Limited explores, investigates, and evaluates mineral properties in Sweden. The company primarily explores for copper and iron ore deposits. Its flagship asset is the Viscaria copper-iron project located in the Kiruna region. The company is headquartered in Milton, Australia.

avalon minerals ltd (AVI) Top Compensated Officers

Chief Executive Officer, Managing Director, D...
Total Annual Compensation: A$52.5K
Exploration Manager
Total Annual Compensation: A$241.2K
Compensation as of Fiscal Year 2014.

avalon minerals ltd (AVI) Key Developments

Avalon Minerals Ltd Announces Executive Changes

Avalon Minerals Limited announced new appointments to its corporate and technical team. Gavin Leicht has been appointed to the position of CFO and company secretary effective immediately. Mr. Leicht replaces the two part time positions of CFO held by Ms. Karla Wilcox and company secretary held by Ms. Roslynn Shand. Mr. Leicht has 20 years' experience in various financial roles, including more than 10 years in senior financial positions in the resources sector in Australia and overseas with Rio Tinto Limited and PanAust Limited. Dr. Bruce Rohrlach has been appointed to the position of consulting chief geologist. Dr. Rohrlach brings to Avalon extensive experience in copper discovery and feasibility studies. Dr. Rohrlach has lead the technical teams responsible for discovery and advancement of the 2 billion tonne Tujuh Bukit copper-gold deposit in Indonesia, and the recent discovery of the Cascabel deposit, a significant porphyry copper project in Ecuador. Dr. Rohrlach has previously worked with WMC Resources, Intrepid Mines, and in his own global consultancy.

Avalon Minerals Ltd Announces Retirement of Paul Niardone as Non-Executive Director, Effective from on 28 April 2015

Avalon Minerals Limited announced that Mr. Paul Niardone has informed the company of his intention to retire as a non-executive director of company, effective from the close of the general meeting to be held on 28 April 2015. Mr. Niardone has been a non-executive director since February 2012.

Avalon Minerals Ltd Provides Drilling Update on the Viscaria Copper Project

Avalon Minerals Limited announced updates in several key areas of the Viscaria Copper Project. Field activities have commenced following the successful capital raising announced on March 2, 2015. Diamond drill hole VDD183 has commenced at D Zone. The drill hole is targeting high grade copper mineralisation approximately 120m down plunge from the previously drilled hole VDD166, which intersected 5.9m at 1.5% Cu and 13m at 1.6% Cu. Hole VDD183 is expected to intersect the target zone at approximately 570m down hole. Further drilling will be undertaken at D Zone and then the drill rig will move to A Zone targeting high grade mineralisation in the southern area. Specifically, a shallow zone where historical drill holes have returned intersections including 4.7m at 3.5% Cu in D-7843 and 3.4m at 2.9% Cu in D-6114, and in the deeper main down plunge domain where structural interpretation suggests a shallowing of the plunge orientation, and adjacent historical holes have intersected up to 6.5m at 3.4% Cu in hole VDD127. The drilling program is aimed at further definition of high grade copper zones to support an updated resource estimate and an optimised Scoping Study, to be delivered later in 2015, on a high grade copper only development scenario at Viscaria.


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