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Teck invests in Avoca

JUNIOR explorer Avoca Resources has welcomed Teck Cominco onto its register and signed another joint venture deal with the major Canadian miner, this time covering its South Australian copper gold and diamond properties.

Rebecca Keenan

Teck invests in Avoca

Avoca has issued 2 million shares to Teck at 15c each, raising $300,000. Under the joint venture agreement Avoca must spend at least $275,000 of this on its Cowell, Port Julia and Red Hill projects in...

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