This acquisition by VWM will better position it to become a multi-resource company with assets of strategic significance and economic importance.
Luke Martino talks with Brian Carlton on the near term production plans for Platinum, Gold and Molybdenum projects.
VWM's Malala Molybdenum Project, Indonesia
VWM remains committed to ongoing exploration and development activities at its Malala Molybdenum Project located on the island of Sulawesi, Indonesia. VWM maintains a full-time workforce of around 70 employees based at the Nancy Camp who continue to implement the Company's strategy to move the Anomaly B molybdenum prospect through to production. Trenching is ongoing, with an additional five trenches to be excavated and sampled within the coming months. This aims to extend the bedrock geochemical anomaly from 800m in length to over 2,000m. The Company's geologists plan on undertaking geological mapping and sampling activities over two large target areas defined by molybdenum-in-soil geochemistry and recent stream sediment geochemical results.
Victory West Metals Limited