VMS 5.56% 1.7¢ venture minerals limited

amec investor briefing, page-6

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    Hi Caldazar,

    My information is that the timing of more Stanley River drilling had to wait until road access to the site was approved. The company may now have the access they need. It's not the sort of thing that would normally be announced separately. The topography at Stanley River is relatively flat lying and given good access, a drilling programme can be completed quickly.

    The main zone is named for its tin values which I've previously estimated at 0.7% although I think I've used 0.3% in calculations. This is more than enough to sustain Main Zone as an economic tin deposit in its own right. I expect the Main Zone magnetite values to average close to 30%. If they are lower and in the 20-25% range, the magnetite should still be economic because of the high tin values.
 
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