Updated: Jul 30
✦ We learn about the chosen targets of Chalice Mining Limited (ASX: CHN) and get interesting news on the Thor JV with Venture Minerals Limited (ASX:VMS).
All eyes are on the Thor JV, and there is a lot of interest riding on what Chalice Mining is doing there - after all, the Thor JV is one of the company's assets with an active exploration program, and it´s an important part of the portfolio of assets worked by Chalice Mining.
Take note of the recent announcement that was published on 13th July.
And especially focus on the identified area. One could say it's an area where some extension may have happened. This is fairly observant from the magnetic image where this distinct bend is.
We are at a very early stage here so we're not talking about any definite discoveries. However, this coincidence with the geophysics is enough to make one sit up and pay attention. The announcement may not have done full justice to this.
It would be surprising...and even disappointing, if no discoveries came up geochemically. It's worth listening to Andrew Radonjic, Managing Director of Venture Minerals. This is a conversation that addresses issues investors would be interested in, given the "tough" times currently on the market.
Listen to Mr. Radonjic here:
01:01 Andrew updates.
02:55 The Two Targets.
07:26 Maybe Chalice has found the sweet spot.
12:05 The Western Yilgarn margin.
14:16 Factors that create mineral exploration discoveries.
19:48 Market and Exploration Expectations.
20:36 Other Venture projects.
24:24 The need to understand market sentiment and mineral exploration.
26:40 The need for investors to play the patience game.
27:37 Andrew´s last words.
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