Venture Minerals Limited

VMS

AU000000VMS6

Diversified Mining

Market Closed - Australian S.E. Other stock markets 02:10:36 2024-05-15 EDT			5-day change	1st Jan Change
0.022 ^AUD	0.00%		+15.79%	+214.29%

04-16	Venture Minerals Intersects Rare Earths at Jupiter Prospect	MT
03-22	Venture Minerals Acquires Adjacent Landholding to Jupiter Discovery; Shares Up 5%	MT

Venture Minerals makes potential world-class clay hosted REE discovery

August 01, 2023 at 03:21 pm

(via NewsDirect)

Venture Minerals Limited (ASX:VMS, OTC:VTMLF) managing director Andrew Radonjic speaks with Proactive after announcing the company has intersected high-grade clay-hosted rare earth element (REE) mineralisation in its maiden drill program at the Greater Brothers Project in Western Australia.

Results reveal several intersections of up to 15 metres at more than 2,000 ppm total rare earth oxides (TREO) within broader zones spanning up to 45 metres at about 1,500 ppm TREO throughout an extensive area. He says the quality of the assay results has prompted the company to prioritise a follow-up drilling program. Approvals and planning are underway as the company moves closer to determining the magnitude of this new high-grade REE discovery.

“Our maiden drilling program at Brothers has delivered a potential world-class clay hosted REE discovery of a significant scale with thicker and higher grade results than the vast majority of our peers in Australia,” Radonjic said.

“The Greater Brothers Project is well located in regional Western Australia with excellent access to infrastructure and therefore presents an exciting development opportunity for the company.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

Jonathan@proactiveinvestors.com

Latest news about Venture Minerals Limited

Venture Minerals Intersects Rare Earths at Jupiter Prospect	04-16	MT
Venture Minerals Acquires Adjacent Landholding to Jupiter Discovery; Shares Up 5%	03-21	MT
Venture Minerals Narrows Fiscal H1 Loss on Higher Revenue, Lower Exploration Spending; Shares Jump 10%	03-15	MT
Venture Minerals Limited Reports Earnings Results for the Half Year Ended December 31, 2023	03-14	CI
Venture Minerals Begins Drilling at Jupiter Project; Shares Rise 5%	03-14	MT
Venture Minerals Hits High-Grade Neodymium, Praseodymium at Western Australian Prospect	03-07	MT
Venture Minerals Secures AU$1 Million Tax Rebate for Fiscal Year 2023; Shares Rally 14%	03-07	MT
Venture Minerals Raises AU$1 Million via At-the-Market Facility	02-09	MT
Venture Minerals Intersects Rare Earths at Brothers Project; Shares Surge 50%	02-08	MT
Venture Minerals Limited Announces Board Changes	02-04	CI
Venture Minerals Appoints Argonaut PCF as Advisor on Riley Iron Ore Mine Review	01-30	MT
Venture Minerals Completes Stage One Resource Drilling at Western Australia's Jupiter Rare Earths Prospect	01-15	MT
Venture Minerals Raises AU$2 Million for Resource Drilling, Test Work	12-21	MT
Venture Minerals Raises AU$2 Million Via Share Placement	12-15	MT
Venture Minerals Encounters Rare Earths at Brothers Project	11-29	MT
Venture Minerals Identifies Target at Brothers Project	11-08	MT
Venture Minerals Limited Announces Board Changes	23-10-08	CI
Venture Minerals Limited Reports Earnings Results for the Full Year Ended June 30, 2023	23-09-29	CI
Venture Minerals Secures R&D Tax Refund for Fiscal Year 2022	23-08-03	MT
Venture Minerals Limited Announces Change of Company Address and Principal Place of Business	23-07-03	CI
Venture Minerals to Start Drilling at Iron Duke Project	23-05-18	MT
Venture Minerals Temporarily Halts Trading on ASX	23-05-04	MT
Venture Minerals Names Lead Manager to Share Purchase Plan	23-05-02	MT
Venture Minerals Limited acquired Rare Earth Element in Western Australia.	23-04-17	CI
Venture Minerals Confirms Boron Potential of Mt Lindsay Deposit; Shares Rally 13%	23-04-12	MT

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Company Profile

Venture Minerals Ltd is engaged in discovering and developing mineral deposits. The Company is engaged in the development and discovery of Brothers rare earth element (REE) Project including the Jupiter Clay Hosted Rare Earths Prospect. The Brothers Project includes the Iron Duke joint venture (JV), which hosts the Jupiter Prospect and is a potential REE clay hosted discovery near Yalgoo in Western Australia. It holds a tenement package of over 1,900 square kilometers (km2) of prospective REE tenure in Western Australia. Its Mount Lindsay Tin-Tungsten Project is located in northwest Tasmania, which has undeveloped tin-tungsten deposits. Its South West Project contains the Thor and Odin Prospects, which covers 256 km2 and is located 240 km south of Perth. Its other projects include Golden Grove North Project, Riley Iron Ore Mine and others. It also holds a Nickel-Copper-PGE landholding at Kulin with two highly prospective 20-kilometre-long Ni-Cu-PGE targets within the Kulin Project.

Sector

Diversified Mining

Calendar

2024-09-26 - Q4 2024 Earnings Release (Projected)

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Sector Integrated Mining

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Integrated Mining

Venture Minerals Limited

Equities

VMS

AU000000VMS6

Diversified Mining

Venture Minerals makes potential world-class clay hosted REE discovery

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Latest news about Venture Minerals Limited

Chart Venture Minerals Limited

Company Profile

Income Statement Evolution

Sector Integrated Mining