Venture Minerals Says Tungsten Project Will Make A$550 Million

Mining Weekly reported Venture Minerals’ (ASX:VMS) Mount Lindsay tin tungsten project predicts the project will generate A$550 million in net revenue.

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.

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