Venture Minerals welcomes ‘phenomenal’ REE results at Jupiter
Melbourne, Victoria
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November 29, 2023 11:45 AM Eastern Standard Time
Venture Minerals Ltd (ASX:VMS) MD Andrew Radonjic tells Proactive the company has received outstanding assay results - including over 7,000 ppm TREO - from the maiden reverse circulation drilling program at the new Jupiter REE target. He says a resource definition drill program has commenced targeting around 5,000 metres and this is expected to take around three weeks. He adds that the scale and quality of this opportunity along with its proximity to infrastructure and processing plants makes it a standout among its peers.
“These phenomenal results enhance Venture’s belief that the Jupiter target has the potential to become an exceptional rare earths project," Radonjic said.
“The scale and quality of this opportunity along with its proximity to infrastructure and processing plants makes it a standout among its peers. There is road, power and port infrastructure adjacent to the Project. It is situated between Lynas’ existing plant and Iluka’s planned rare earth processing facilities.”
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
