Zinn ist 3x soviel Wert wie Kupfer KAP:ca. 120 Mio AUD
Feasibility Drilling Intersects Record Result - 26m @ 3% Tin equivalent Mt Lindsay Project, Tasmania Australian mineral exploration company, Venture Minerals Limited (ASX code: VMS), announces the latest results from on-going feasibility drilling. ML 222, which targeted the heart of the MacDonald Tin Zone within the Main Skarn, intersected 26m of the highest grade tin mineralization seen in the project to date. Highlights: * Feasibility drilling targeting the Main Skarn intersects high grade tin mineralization including: 26m @ 3% tin equivalent (2.7% tin) Incl. 6m @ 8.4% tin equivalent 10m @ 2.2% tin equivalent (1.9% tin) * Recent feasibility drilling targeting the Main Skarn has also identified broad zones of tungsten mineralization in the heart of the MacDonald Tin Zone including: 30m @ 0.36% WO3 38m @ 0.32% WO3 42m @ 0.22% WO3 44m @ 0.24% WO3 * Prefeasibility study is in the final stages of completion * Tin price on the London Metal Exchange reaches all time high of US$28,000 per tonne Drilling from the on-going feasibility work at Mt Lindsay continues to deliver excellent results following the recommencement of diamond core drilling in early January. Infill drilling initially targeting the heart of the Main Skarn has returned very high grade results, with assays exceeding 16% tin over 2m recorded in ML 222. Latest Diamond Core Drill Results from the Main Skarn Recent results also highlight the potential for substantial tungsten mineralisation within the Main Skarn including +40 metre tungsten intersections recorded within the high grade MacDonald Tin Zone. The latest drilling follows on from the Company?s major resource upgrade announced late last year which saw the Mt Lindsay Project becomes one of the world?s largest undeveloped tin projects. The Company?s pre-feasibility study is in its final stages of completion. The study includes evaluations for both open cut and underground mining, detailed process design and also includes options for producing a more refined tungsten product. The Company will make results of the study available as soon as possible. Exploration activity also recommenced in early January with diamond core drilling testing a range of skarn targets including the Company?s first drill hole into the Eastern Skarns (refer map), which are located 1km from Venture?s major resource base at Mt Lindsay. The Company will also look to commence exploration on the newly acquired tenure immediately adjacent to the Mt Lindsay Project. The new tenure contains multiple priority targets. The tin price continues to outperform all other base metals quoted on the London Metal Exchange reaching all time highs of US$28,000 per tonne this week. Supply constraints and growing demand are predicted to continue through 2011. Kind regards Venture Minerals Limited Hamish Halliday Managing Director
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