Alvo Minerals Limited (AU:ALV) has released an update.
Alvo Minerals Limited reports a significant 65% increase in the open-pit resources of their Palma VMS Project in Central Brazil, now containing over 150k tonnes of Copper Equivalent. The updated JORC Mineral Resource Estimate reflects substantial growth in high-grade resources, with the potential to expand further as more untested targets are explored. The company, buoyed by a successful A$4.2M strategic placement in April 2024, continues to explore the region’s >70km of prospective strike, indicating a promising future for the project.
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