- Avira Resources (AVW) has defined 13 electromagnetic (EM) targets from 152 conductive anomalies at its Throssell Range and Mount Macpherson projects
- The company conducted a high resolution helicopter-borne survey over its projects which are located in the Paterson province in WA
- Two stand-out targets include the extensive Pipeline and Gwardar targets which Avira believes are prospective for base metal sulphide mineralisation
- Avira has compiled the data and is planning to conduct a moving loop EM survey on high-priority areas
- This work will aim to outline future reverse circulation drilling targets
- Company shares have dropped 5.56 per cent to trade for 0.9 cents
Avira Resources (AVW) has received data from a high resolution electromagnetic (EM) and magnetic survey conducted over its projects in the Paterson province in WA.
The helicopter-borne survey was flown over Avira’s Throssell Range and Mount Macpherson project areas.
The survey has defined 13 priority EM targets from 152 conductive anomalies with several extensive anomalous responses encountered on multiple flight lines. Out of the 152 anomalies, 86 come from Throssell Range and 66 come from Mount Macpherson.
“The Paterson Project EM survey has defined multiple conductors that our geophysical consultant has identified as a high priority for follow up work. We are encouraged by the presence of these conductors which appear to be hosted in structures and coincide with magnetic anomalies,” Executive Director David Deloub said.
Two stand-out EM targets include the Pipeline target which spans eight kilometres and trends southwest to the Aria copper prospect and the Gwardar target which spans nine kilometres. Avira believes these two targets are prospective for base metal sulphide mineralisation.
Avira has compiled the data and is planning to conduct a moving loop EM survey on high-priority areas including Pipeline, Gwardar and other priority one conductors.
The survey work is aimed at outlining reverse circulation (RC) targets which will be drilled once land access, heritage clearances and other approvals have been received.
Company shares have dropped 5.56 per cent to trade for 0.9 cents at 2:33 pm AEDT.