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WELCOME TO VESUVIUS MINERALS LIMITED
Vesuvius Minerals Limited is seeking to list on the Australian Securities Exchange (ASX) with a primary focus of exploring and developing the Vesuvius Vanadium Project located approximately 40 kilometers southeast of Meekatharra in the Murchison Provence of Western Australia.
The Project, over which the Company holds an option, comprises four (4) granted tenements and one (1) tenement application, immediately along strike of the Gabanintha Project which has a stated JORC compliant ferro-vanadium resource (YRR 125.8Mt @ 0.70% V2O5, 32.26% Fe and 8.64% TiO2). Surface expression confirms visual continuity of a vanadiferous titanomagnetite unit of over three (3) kilometres.
Historical drilling on the Company’s P51/2684 tenement comprised five (5) holes with all holes encountering high grade intercepts:
- 15 m @ 1.08% V2O5,
- 15 m @ 1.09% V2O5,
- 11 m @ 1.17% V2O5,
- 15 m @ 1.26% V2O5,
- 12 m @ 1.18% V2O5,
The Company's aim is to undertake a drilling campaign in the second half of 2013 with the aim of moving the Project to the JORC compliant category as quickly as possible.