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Additional information
Additional Information
Market: ASX
Sector: General Mining
Epic: VML
News: Latest news
Web Site: Vital Metals
Other Articles: 21-01-201016-12-200924-11-2009

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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.

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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.

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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 [...]

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Vital Metals

Vital Metals

Vital Metals Ltd is a specialist tungsten and tungsten/molybdenum explorer and aspiring mine operator. Tungsten is a specialty material used predominantly as a “hard metal” for various applications.
Wednesday, December 16, 2009

Vital Metals Hits High Grade Gold at Doulnia in West Africa

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Vital Metals (ASX: VML) has encountered high-grade gold mineralisation in an exposed quartz reef system at its new gold project - Doulnia/Campala in Burkina Faso, West Africa.

Assaying of a batch of hand-crushed vein material from shallow surface diggings about one kilometre south of the Kollo South prospect returned an assay of 23.5 g/t Au. The material was derived from manual excavations carried out by a small group of local ‘artisanal’ miners.

‘Kollo South’ prospect is situated within the Doulnia Exploration Permit.

This encouraging result complements earlier excellent gold results obtained by Vital staff during the initial evaluation visit in early September. Grab sampling of sub-outcropping eastnorth-east trending quartz veins at Kollo South and Kollo North prospects, returned gold analyses of 6.73, 3.42, and 6.00 grams per tonne (g/t) Au.

Vital is preparing to drill test identified targets at the Kollo prospects and elsewhere in early 2010.

As reported in an announcement to the ASX on 19 November 2009, Vital has entered into a farm-in Agreement with Ampella Mining Ltd, whereby Vital may earn up to 80 per cent equity in the Doulnia and Campala Permits in Burkina Faso, West Africa, by sole funding the first A$3.5 million of expenditure and carrying the project to pre-feasibility stage.

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