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Venture Minerals Limited (ASX: VMS) discovers three Rare Earth prospects

Updated: Aug 25, 2023

✦ Andrew Radonjic, Managing Director of Venture Minerals Limited (ASX:VMS) with market capital of $44m talks about the discoveries of Rare Earths on their Golden Grove North and Mount Lindsay projects.


It's ironical that Rare Earths are not that rare at all. There have been mass discoveries of Rare Earth Elements (REE) recently.


Check out Venture Minerals Limited's REE discoveries here:





Many retail investors focus on the strategy of "selling dreams". Yes it has made a lot of investors' money. I prefer to focus on the facts and look at the viability of projects. A friend and mentor of mine, Geoffrey Donohue taught me this - don't just blindly go with the market. Do Your Own Research (DYOR) instead.

Great investors are into real solid facts and picking out great management.

Let's look at Venture Minerals for example. Their recent announcements got me thinking. Could this be the catalyst that their Mount Lindsay project needs to get revved up?


We cannot forget about tin and tungsten as well. What remains to be seen is how much REE will contribute. Venture will be adding the REEs to an existing mining schedule which will likely create credits to any spreadsheet.


Jump to interview

One needs to be patient and wait from discovery to production. None of the great projects we know about happened overnight. So when I hear negative narratives about Venture Minerals, I think it's important to pull back the lens and look at the wider timescale. The tin and tungsten strategy is still there. And with recent changing geopolitical positions, REE is set to resurface.

Tin, tungsten and REE are key players in the critical and essential sectors, so this is going to impact Venture immensely. With all these three in place, I think it's worth taking note of Venture and listening to their story.

Tune in to what Andrew Radonjic, Managing Director of Venture Minerals has to say about the latest discoveries of REE in their projects.


Get a boost on your DYOR with this video


Chapters


00:00 Start

00:20 Introduction

00:55 News about Rare Earths prospects.

02:12 What are the learnings from the discoveries?

05:27 How do you want investors to see Venture Minerals?

11:12 A good geology setting for carbonatites?

13:54 How do you see the Rare Earths market going forward?

17:38 Updates on other projects - Kulin and Thor.

23:02 Are we in the phase of new discoveries?

27:22 News flow.

30:48 Why Venture Minerals?

33:35 Conclusion



About Andrew Radonjic

Qualifications: BAppSc (Mining Geology), MSc (Mineral Economics), MAusIMM


Mr. Radonjic is a geologist and mineral economist with over 30 years of experience in mining and exploration, with an initial focus on gold and nickel in the Eastern Goldfields of Western Australia. Andrew has fulfilled a variety of senior roles which gave rise to three gold discoveries, totalling in excess of 3 million ounces in resources and resulting in 1.5 million ounces being produced. Since 2006 Andrew has been an executive director with Venture Minerals, which he has been co-leading during the discovery of the Mount Lindsay Tin-Tungsten deposit. Andrew is a founder and recently was a director of Blackstone Minerals Limited (ASX: BSX).


About Venture Minerals Limited

Venture Minerals (ASX:VMS) discovers rare earth elements as featured in Brilliant-Online




Venture Minerals Ltd (ASX: VMS) has refocused its approach to developing the Mount Lindsay Tin-Tungsten Project in northwest Tasmania, already one of the world's largest undeveloped Tin-Tungsten deposits.


With the recognition of Tin as a fundamental metal to the battery revolution and Tungsten being a critical mineral, Venture has commenced an Underground Feasibility Study on Mount Lindsay that will leverage off the previously completed open-pit feasibility work.


At the neighbouring Riley Iron Ore Mine, the mine is prepared for a quick restart should the market conditions become favourable. In Western Australia, Chalice Mining (ASX: CHN) recently committed to the second stage of the JV which requires a further $2.5 million of expenditure over the next two years to earn a further 19% interest (for a total of 70%) in Venture’s South West Project.


At the Company’s Golden Grove North Project, downhole EM has delineated a large conductor under High Grade Zinc-Copper-Gold drill intersections within the 5km long Volcanogenic Massive Sulfide Target Zone, along strike to the world class Golden Grove Zinc-Copper-Gold Mine.


Venture has a significant Nickel-Copper-PGE landholding at Kulin with two highly prospective 20-kilometre long Ni-Cu-PGE targets within the Kulin Project.


Venture Minerals Limited (ASX:VMS)

Contact Venture Minerals Limited


Suite 3, Level 3

24 Outram Street, West Perth

Western Australia 6005


P.O. Box 1175,

West Perth, WA 6872


t/ +61 (08) 6279 9428

 

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About the Author


Noel Ong, CEO of Samso tells compelling stories by engaging business leaders to reveal insights beneficial to the investment community.


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