Australian mineral exploration company, Venture Minerals Limited (ASX code: VMS)
announces a maiden DSO (direct shipping ore) resource at the newly defined Livingstone Deposit, situated in the Stanley River area and located only 3.5km from the Company’s world class tin/tungsten deposit at Mt Lindsay. In addition to the maiden resource estimate the Company has also completed a scoping study on the new deposit which delivered overwhelmingly positive results including +$90 million in net revenue generated from the sale of the DSO, with less than $3 million of up front capital costs.
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