Venture shares rocket 25pc on new find
Dan Hall
Updated
Shares in Tasmanian explorer Venture Minerals rocketed 25 per cent in trade on Friday after it revealed a maiden direct shipping iron ore resource just 3.5 kilometres from the company’s tin and tungsten deposit.
On Friday Venture said it could achieve more than $90 million in net revenue generated from the sale of the direct shipping ore, with less than $3 million of up front capital costs.
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