VRE 0.00% 2.0¢ view resources ltd


  1. blt
    164 Posts.
    14:12:020 28/10/2003
    Sydney - Tuesday - October 28: (RWE) - View Resources Ltd today
    announced results of recent drilling in respect of the company's
    indicated and inferred nickel oxide resource at Carnilya Hill indicated
    mineralised widths greater than previously identified.
    The reverse circulation drilling program was designed to collect
    representative metallurgical test work samples from high and low-grade
    resource areas for evaluation by the company and Anaconda Nickel Ltd in
    accordance with the heads of agreement announced in August.
    The current indicated and inferred oxide resource at Carnilya
    Hill totals 37,350 tonnes at 2.72 per cent nickel.
    True width used in the resource estimate ranged from 0.5m to 2m.
    The latest results indicated a greater width of mineralisation
    existed with the potential to add to the resource and reduce
    un-mineralised dilution during mining.
    View shares today rose 0.3c to 9c and touched 9.6c.
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