Avanco Resource’s Quarterly Report July 30, 2009

Australian company Avanco Resources (ASX: AVB) has released a Quarterly Report on its activities in Brazil.

HIGHLIGHTS:

* In-house conceptual studies continue to illustrate the robustness of a stand-alone high grade starter project at the Rio Verde Property.
* The regulatory process for permitting the project has commenced with granting of a trial mining license anticipated in early 2010.
* Definition of a metallurgical recovery process suitable for the treatment of a high grade +10% copper ore feed is progressing at independent laboratories.
* Recent improvement in the copper price has generated significant interest in the Carajas Copper Project and the Company is discussing possibilities with a number of parties interested in jointly developing the project.
* A significant nickel sulphide exploration target has been identified at the Trindade South Project.

Click here to view the full announcement.

For more information, please contact:

Matthew Wood
Chairman
E-mail: info@avancoresources.com
Tel: +61 8 9321 6600

Tony Polglase
Managing Director
E-mail: info@avancoresources.com
Tel: +61 8 9321 6600