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Venture Minerals Tin Project Expected To Net A$550 Million

Written by Investing News Network
|
Nov. 07, 2012 12:12PM PST

Mining Weekly reported Venture Minerals (ASX:VMS) says its Mount Lindsay tin tungsten project will net A$550 million.

Mining Weekly reported Venture Minerals (ASX:VMS) says its Mount Lindsay tin tungsten project will net A$550 million.

As quoted in the market news:

A bankable feasibility study (BFS) on explorer Venture Minerals’ Mount Lindsay tin/tungsten project has predicted that the project could generate more than A$550-million in net revenue, peaking at some A$110-million a year.

MD Hamish Halliday said on Wednesday that the BFS emphasised the potential of the project, in particular its longevity, with mine life estimated at around nine years.

Click here to read the full Mining Weekly report.

mine life asx:vms
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