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Additional Information
Market: ASX
Sector: General Mining
Epic: ASX:VMS
News: Latest news
Web Site: Venture Minerals
Other Articles: 01-04-200906-01-2009

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Thursday July 02, 08:10Kalahari Minerals reports 34% increase in uranium resource at Rossing South

Ambrian Capital summed up today’s news perfectly, noting that the resource estimate released today was not only ahead of expectations, but was further buoyed by the increase in grade.

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Thursday July 02, 10:45Rubicon Minerals, Eastmain Resources and Fission Energy to present at 7 July Investor Forum, Toronto, Canada

Our three presenting companies are well established mining companies with advanced stage assets. All three companies are well-funded and managed by a team of experienced professionals

 

 

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Venture Minerals

Venture Minerals

Venture Minerals was listed on the ASX on 25 September 2006 after successfully raising $5 million.  The primary objective for Venture Minerals is to discover and develop world class energy and/or mineral deposits. The current focus for the company is realising the full economic potential of the Mount Lindsay Magnetitie-Tin Project in Tasmania.

Tuesday, January 06, 2009

Venture Mineral's Mount Lindsay iron resource increases 50%

by Proactive Investors company news image

Venture Minerals (ASX:VMS) has announced a promising 50 per cent increase in JORC compliant Inferred Iron Resources at the Mount Lindsay Magnetite-Tin Project in Tasmania.

The company has an upgraded Inferred Resource of 30Mt @ 33%Fe for Main Zone & No.2 Zone only.  The 30Mt resource is located only 1.5km from a sealed road providing direct access to existing rail and port facilities.  The company believes there is substantial upside potential with a further 36km of interpreted magnetite
skarns still to be tested.

Venture Minerals is targeting a minimum of 40mt of inferred iron resources at Mount Lindsay which it believes a scoping study would show the project should support a 10 year mining operation. The company's managing director Andrew Radonjic indicated, "Venture is confident that it can achieve this goal (40mt) in the near future from drilling of identified exploration targets".

Venture Minerals was trading at 9.1 cents on trading volume of 151,000 shares.

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