resource upgrade is out, page-4

G'day all,

Not only the upgrade but I like some of the other highlights like 'further 34 Kms strike targets yet to be explored'

Suitable for open pit mining and cash in the bank.

Go VMS

Highlights:
X +75% of the previous inferred resource has now been converted to the indicated category (at a 0.35% & 0.45% tin equivalent cut-off).
X The Mt Lindsay resource base now contains 120,000 tonnes of contained tin/tungsten metal (at a 0.2% tin equivalent cut-off).
X New resource delivers a 28% increase in tin metal (at a 0.45% tin equivalent cut-off).
X The latest resource estimate has delivered substantially more tin metal while maintaining a resource grade (0.7% tin equiv @ 0.45% tin equiv cut off)nearly double that of the average grade for worldwide tin and tungsten deposits (0.4%).
X Combined resources at Mt Lindsay now extend over a total strike of 3.9kms with a further 34 strike kilometres of skarn targets still to be explored.
X The latest resource has further substantiated that the mineralized zones at Mt Lindsay are shallow plunging, typically outcrop at surface, and average 15-20m in width, making them very amenable to open pit mining.
X Venture currently has six drill rigs at site targeting down plunge extensions to the Main Skarn, No.2 Skarn, Stanley River South and Reward, as well as drill testing multiple exploration targets.
X Following a very successful capital raising and Share Purchase Plan the Company is now fully funded for ongoing exploration and feasibility studies with $28 million in cash.