Proactive investorsLogo Proactive Investors UK Website

Search field
Get Adobe Flash Player Download
Flash
Player ►

And
Enable
Javascript

Additional information
Additional Information
Market: ASX
Sector: General Mining
Epic: VWM
News: Latest news
Web Site: Victory West Moly Limited
Other Articles:

RSS - Subscribe to the News Today on Proactive UK ▼

Thursday March 11, 10:17Eco Animal Health Group: moves into US and China could be transformational

Aivlosin® now accounts for more than half of global sales for ECO. Sales in China during FY 2009 were more than 60% ahead of the previous year, and expectations for FY 2010 indicate similar progress.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive NA ▼

Thursday March 11, 07:27BP shells out US$7 billion for Devon Energy's assets in Brazil, Gulf of Mexico and Azerbaijan

In addition, BP will sell to Devon Energy a 50 percent stake in BP's Kirby oil sands interests in Alberta, Canada, for US$500 million.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Tuesday March 09, 09:55Nidec Corporation adds third factory and laboratory in Dalian City, China

Nidec Corporation (NYSE:NJ), the Japan headquartered manufacturer of small-to-mid-size motors, fan motors, and pivot assemblies, is to expand its presence in China through the construction [...]

FULL ARTICLE ►
Victory West Moly Limited

Victory West Moly Limited

Victory West Moly Limited has been established to explore the Malala Molybdenum deposit in Indonesia.  The company has already established a number of commercially exploitable production assets.  Victory West Moly Limited intends to deliver sustainable production and appropriate financial returns for its shareholders.
Monday, November 23, 2009

Victory West Moly announces details of ongoing trenching at Anomaly B in Indonesia

company news image

Victory West Moly (ASX: VWM) has revealed the latest results of ongoing trenching at Anomaly B, located within the PT Inti Cemerlang concession at the Malala Molybdenum Project in Sulawesi, Indonesia.

The latest trenching results extend anomalous bedrock mineralisation to 1.2km, with a further 800m planned for testing. Several broad zones of continuous molybdenum mineralisation have been recorded, with highlights including 540m @ 580ppm Mo, including 70m @ 1300ppm Mo in trench 800RL, 660m @ 400ppm Mo in trench 750RL and 130m @ 736ppm Mo including 35m @ 1194ppm Mo in trench 850RL.

A detailed 3-dimensional double-offset dipole-dipole (DODD) IP survey ia planned to cover a 3.2 x 2.6km area over Anomaly B.

The latest assay results from ongoing contour trenching at Anomaly B show the molybdenum-in-bedrock anomaly to extend over 1.2km in continuous strike length. Trenches are spaced at 50m contour intervals and have been excavated by hand to expose bedrock which has been continuously sampled using 5 metre composite samples.

Trenching to date has focussed on the north western side of Angkadoat Creek, where the trenches have returned broad continuous zones of anomalous molybdenum. Three lines have now been excavated on the south eastern side of Angkadoat Creek, with the majority of assay results still awaited. Trenching is expected to continue in this area, particularly the extension of the 750RL-C trench, with the aim of defining a continuous molybdenum-in-bedrock anomaly stretching over 2km in length and up to 350m wide.

Meanwhile, A 3-dimensional DODD IP survey, planned over the Anomaly B prospect area, is due to begin by the end of 2009.

Establishment of the survey grid is well advanced, with approximately half of the grid lines cut to date.

It is expected this survey will generate high-quality targets which will be tested by diamond drilling during 2010.

 

AddThis Feed Button
Register here to be notified of Proactiveinvestors One2One Forums.

Investors interested in Victory West Moly Limited recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.