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- Avira Resources (AVW) has been granted exploration licence (E45/5567) over its Throssel Range tenement package in the Paterson Province of WA
- The company also recently completed a phase one exploration program over the Mount Macpherson Project, which is also located in the Paterson Province
- Activities included various surveying, mapping and sampling across both projects
- Samples and data are currently being processed and Avira will use the results to identify future drilling targets
- Company shares last traded 7.69 per cent higher at 0.7 cents each in early morning trade
Avira Resources (AVW) has been granted exploration licence (E45/5567) over its Throssel Range tenement package which lies within the Paterson Province of WA.
Additionally, the WA-based miner has recently completed the first phase of its exploration program over the Mount Macpherson Project, which is also located in the Paterson Province.
Exploration activities included conventional and soil geochemistry, rock chip sampling, geological mapping and an airborne geophysics survey across both the Mount Macpherson and Throssel projects.
The airborne geophysical survey comprised a high-resolution electromagnetic and magnetic survey over Mount Macpherson and Throssel. A total of 287 lines at a 200-metre line spacing were flown for a total of 1314-line kilometres.
“We are excited to now have exploration licences and land access agreements granted and in place for both our Throssel Range and Mount Macpherson projects, allowing us to now ramp up our planned exploration activities,” Executive Director David Deloub said.
Avira will now await the results from its exploration program. Once they arrive, the company will use them to identify potential drill targets.
Company shares last traded 7.69 per cent higher at 0.7 cents each in early morning trade.
