About Avoca
Last updated: March 2008
Avoca Resources Limited is an emerging gold producer and gold development company headquartered in Perth, Western Australia. In the six years since we first listed in April 2002, we have developed from a junior Greenfield explorer into an emerging producer with a portfolio of high-quality exploration assets, both wholly-owned and in joint ventures with a number of reputable international mining houses.
Our Higginsville Gold Project is the first development in our pipeline and will provide the framework for the onward development of our high-quality exploration base, including Mt Fisher.
Higginsville Project
Our current principal development project is the Higginsville Gold Project, located 180km south of Kalgoorlie. A successful feasibility study on the Trident Deposit, within the Higginsville Project, was completed in December 2006 and the Trident Underground Mine is now under construction, and due to start production this year.
The Higginsville resource base stands at 1.35 Moz and growing (following the December 2007 resource update).
Exploration and Development Projects
We regard our exploration and development projects as falling into two broad groups:
- Western Australia
- Western Australia Joint Ventures
In Western Australia, we own 100% of the Mt. Fisher Gold-Nickel Project. The Mt. Fisher Project is located 400km north of Kalgoorlie and represents distinct gold and nickel mineralization in a project area of 740km².
We have eight joint venture developments in Western Australia. These generally take the form of a free carry while our joint venture partner bears exploration costs. At a pre-determined point, we have the option to either contribute our proportion of expenditure or to reduce our interest in the project. We have Western Australia Joint Ventures with:
- La Mancha
- Integra Mining
- Metex/Barrick
- Great Gold Mines
- Regal Resources
- Encounter Resources