VMS 0.00% 1.8¢ venture minerals limited

Ann: Another Record Drilling Result 57m @ 3430ppm TREO, page-59

  1. 3,695 Posts.
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    Most LTers will be looking at short term explorer to miner as you proposed. To be fair P.A. who would of thought hitting intrusions at the 80mt mark. Excellent problem to have where grades improved to the intrusions. This gives massive scope and potential to the in ground value where Brothers could be both a soft and hard play. Existing targeted cores can be used which will dramatically reduce the costs for hard lower targets program.

    Ive noticed you keep referring to Twiggy and GR. Just bear in mind, development for Iron ore and REE ore are completely different and the former much quicker and easier to develop.

    I'm all for holding any targeting programs and concentrate on the feasibility study (as we might still need further infills) and MOU but a small intrusion program will not cost much. Equally a magnet/graphic survey at any new anomaly. This would definitely keep VMS in the market sights where huge potential could arise whilst we wait to MRE and interim Metallurgy.

    GL P.A.
 
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