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Additional Information

Market:	ASX
Sector:	General Mining
EPIC:	VMS
Latest Price:	0.33 (-7.04% )
52-week High:	0.59
52-week Low:	0.27
Market Cap:	72.96M

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Venture Minerals

Venture Minerals' (ASX: VMS) focus is on developing the Mt Lindsay tin/tungsten Project in northwest Tasmania. Venture has already defined one of the worlds largest undeveloped tin projects and is currently completing a bankable feasibility study on the Mt Lindsay Project.

Venture Minerals sees high grade tungsten potential at Mt Lindsay

Tuesday, March 09, 2010

Australian mineral exploration company, Venture Minerals (ASX: VMS), has announced the latest metallurgical test work from the Company’s flagship Mt Lindsay Tin/Tungsten Deposit in North-West Tasmania.

As part of an on-going metallurgical program, the Company has recently completed an analysis of tungsten concentrates produced from both gravity and flotation techniques.

Hamish Halliday, Managing Director, says excellent results were achieved, with saleable, high grade, high quality concentrates produced from both techniques. The results suggest the Company has the opportunity to produce a high quality tungsten product, with low impurities.

The test work results were as follows:

- Metallurgy including both gravity and flotation produced a high grade, high quality tungsten concentrate with low contaminants.

- Gravity test work on samples from the No.2 Skarn produced a 68% W03 product from a coarse grind size.

- Flotation test work on samples from the No.2 Skarn produced a69% WO3 product.

In addition to producing a high grade concentrate, the recent test work has also confirmed excellent recoveries for tungsten, with test work from both techniques suggesting 85-90% recoveries can be achieved.

The above results are part of an on-going metallurgical program focussed on characterising tungsten and tin mineralization and estimating their respective recoveries and quality of concentrate.

The Company says it is very pleased with results to date and will continue to advance the metallurgical test work at Mt Lindsay.

Venture Minerals shares rose 4.5% to 34 cents in trading today.

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