I have been doing a bit of digging and so it would seem has TAS?...

I have been doing a bit of digging and so it would seem has TAS?

Going from what they posted in their last release , it would seem that TAS do have some tenements that do seem to hold some value, perhaps a great deal?

Vulcan holds a lot of Iron ore Copper and Gold, but from what I understand the gold and copper lie fairly deep underneath the Iron reserve? which does make it a prospect that needs to be considered, although it would seem that the price of the Iron ore would need to appreciate a lot more to make the venture worth while? Perhaps if the Iron Ore price was more in the vicinity of $100 then this may come into play?
But having said that, the Vulcan West tenement is something that may be far more viable in the near to short term, mainly because the copper and gold which also lie under the Iron ore there are far more accessible and easier to mine, because they lie again just under the Iron ore but also much closer to the surface, this in itself may make the Vulcan West deposit economically viable, but if you added the Vulcan and the Vulcan West deposit together then it could make the whole deposit very valuable, this may be the reason why two locals and an overseas company are running the ruler over the combined Vulcan and Vulcan west deposits perhaps?

I was told that the Vulcan and Vulcan West deposits could equal the size of the Carrapateena IOCGU Prospect?

If there is local and overseas interest in these deposits? then there may be something in this for TAS perhaps?


http://www.tasmanresources.com.au/our_projects.html