Sydney - Wednesday - July 26: (RWE Australian Business News) -
Vulcan (VCN) is nearing completion of collection of the technical
information required for input into the Definitive Feasibility Study at
the Kylylahti Copper-Cobalt project.
The September quarter will see the appointment of the Study
Manager and reporting of updated Resources.
Progress has been made on offtake with letters of intent signed
with two potential European purchasers of copper concentrates.
A capital raising of $5.36 million was completed during the
quarter to provide the funding for completion of the Definitive
Feasibility Study.
New major shareholders are Finnish Industry Investment and US
based Sempra Metals and Concentrates
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