Venture Minerals identifies massive new REE target
–News Direct–
Venture Minerals Limited (ASX:VMS, OTC:VTMLF) MD Andrew Radonjic tells Proactive the company has uncovered a significant rare earth element (REE) target now known as the Jupiter prospect at the Brothers Project in Western Australia. The discovery forms part of a 40-square-kilometre area characterised by a coincident gravity and magnetic anomaly, hosting extensive REE-rich clays. This finding, made following reconnaissance aircore drilling, indicates a strong correlation between the magnetic and gravity anomalies and high-grade total rare earth oxide (TREO) results near the surface.
Venture Minerals is dedicated to discovering and developing world-class mineral deposits to meet global demand for critical minerals vital to the green energy transition.
Venture Minerals Ltd (ASX: VMS) has refocused its approach to developing the Mount Lindsay Tin Tungsten Project in northwest Tasmania, already one of the worlds largest undeveloped Tin-Tungsten deposits.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
View source version on newsdirect.com: https://newsdirect.com/news/venture-minerals-identifies-massive-new-ree-target-170477859
Venture Minerals Ltd
COMTEX_443235488/2655/2023-11-09T17:44:43
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No News Postbox journalist was involved in the writing and production of this article.
