Venture Minerals Fast Facts
Tuesday, 16 Jun 2009
Australian based mineral exploration company Venture Minerals Limited announced that recent surface sampling has confirmed a new high grade tin zone known as the Reward Prospect. Rock chip samples taken by Venture from historic trenches recorded Tin assays approximating 1%.
RNWRK 45 0.96% Sn (Tin) & 0.23% WO3 (Tungsten)
RNWRK 46 0.84% Sn (Tin) & 0.07% WO3 (Tungsten)
RNWRK 47 0.96% Sn (Tin) & 0.11% WO3 (Tungsten)
These results combined with the recent discovery of the Waterhouse Prospect confirm the presence of high grade Tin in at least three of the Company’s multiple skarn targets outside the current resources at the Main Zone and No.2 Zone.
Historic trench data from the Reward Prospect suggests the high grade zone is approximately 10 meter wide grading up to 1.33% Tin.
A geological interpretation of the area suggests the new prospect extends over at least 300 m of strike and remains open to the south east.
Follow up surface sampling and mapping will be completed to define drill targets at the earliest opportunity.
The Mt Lindsay Scoping Study is now well underway following the receipt excellent metallurgical results for both Tin and Tungsten, suggesting both commodities can be recovered via a gravity circuit. Results from the Mt Lindsay scoping study will be available over the coming weeks.
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Venture Minerals Fast FactsTuesday, 16 Jun 2009Australian based...
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