VMS 0.00% 1.8¢ venture minerals limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-87

  1. 2,800 Posts.
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    Yes, that`s true. Venture has mentioned in the latest quarterly activity statement :

    The Mount Lindsay Project is already classified by the Australian Government as a Critical Minerals Project1 with an advanced Tin-Tungsten asset which is significantly enhanced by the recent discovery of two new skarn zones, one within the Renison Mine Sequence in the Mount Lindsay area and the other along strike from Mount Lindsay’s main tin deposits (Refer to ASX Announcement 27 September 2021). Mount Lindsay is already one of the largest undeveloped tin projects in the world, containing in excess of 80,000 tonnes of tin metal and within the same mineralised body a globally significant tungsten resource containing 3,200,000 MTU (metric tonne unit)2 of WO3. The Australian Government is supporting the Critical Minerals Sector through several initiatives including the establishment of a A$2 billion finance facility announced last September to be administered by Export Finance Australia which Venture is working to access for the project.
 
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