March 2012 Quarterly Report
Sydney, April 30, 2012 AEST (ABN Newswire) - Vector Resources Limited (
ASX:VEC) are pleased to provide the quarterly report for the period ended 31 March 2012.
At the date of this Quarterly Report, the Company has 205,645,833 fully paid ordinary shares and 176,889,666 listed options ($0.20 exercise, 30 June 2012 expiry) on issue.
Key highlights
- Diamond Drill and Reverse Circulation (RC) drilling commenced during the quarter;
- Mineralisation continues to expand to the North West of known resource and unclassified material;
- High Grade intercepts identified from initial Phase 3 drill program;
- Interpretation work on aeromagnetic surveys over Clampton are complete;
- Interpretation work on aeromagnetic surveys over Mt Palmer is nearing completion;
- Additional Geological personnel joined the team with significant exploration, resource and mine geology experience.
During the third quarter of the financial year the Company has continued the aggressive exploration program at Gwendolyn East with outstanding results.
The major project hubs located near Southern Cross and the Earaheedy basin has progressed during the quarter. Further details of the advancements of these projects are described in the following pages.
To view the complete Vector Resources Quarterly Report, please refer to the following link below:
http://media.abnnewswire.net/media/en/docs/ASX-VEC-588013.pdf
Contact
Vector Resources Limited
T: +61-2-6389-5750
E: contact@vectorresources.com.au
WWW: www.vectorresources.com.au
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