VMS 0.00% 1.8¢ venture minerals limited

vms highlighted in da nd d report tonight, page-13

  1. 2,882 Posts.

    Many drilling results awaited and now due:

    Recently the Company commenced a regional drilling program which included targeting the Contact Creek area with reconnaissance style drilling. The FIRST HOLE into the area delivered IMMEDIATE SUCCESS with PX001 intersecting over 25m of Mt Lindsay style mineralization, containing zones of magnetite and visible tungsten (scheelite). The Company considers the DISCOVERY VERY SIGNIFICANT as it confirms that the same host rocks and style of mineralization exists on the northern side of granite, suggesting the Contact Creek area is a continuation of the Mt Lindsay geology.

    In addition to the work at Contact Creek, the Company has also identified both tin and tungsten mineralization from surface sampling 10km northwest of Mt Lindsay. Assay results have recorded up to 7.2% WO3 (EQUIVALENT OF 56g/ton OF GOLD) in stream sediment sampling on the western margin of the Meredith Granite.

    Exploration drilling continues at Mt Lindsay with THREE diamond core RIGS testing MULTIPLE SKARN TARGETS within the Mt Lindsay area. In addition infill DRILLING for the Bankable Feasibility Study CONTINUES with THREE (THAT's SIX DRILL RIGS) targeting the Main and No.2 Skarns, as the Company seeks to FAST TRACK the development of the Mt Lindsay Tin/Tungsten Deposit.

    Newminer1000.
 
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