(NewsDirect)
Venture Minerals Ltd(ASX:VMS) MD Andrew Radonjic tells Proactive the company has receivedoutstanding assay results - including over 7,000 ppm TREO - from themaiden reverse circulation drilling program at the new Jupiter REEtarget. He says a resource definition drill program has commencedtargeting around 5,000 metres and this is expected to take aroundthree weeks. He adds that the scale and quality of this opportunityalong with its proximity to infrastructure and processing plants makesit a standout among its peers.
“These phenomenal results enhance Venture’sbelief that the Jupiter target has the potential to become anexceptional rare earths project," Radonjic said.
“The scale andquality of this opportunity along with its proximity to infrastructureand processing plants makes it a standout among its peers. There isroad, power and port infrastructure adjacent to the Project. It issituated between Lynas’ existing plant and Iluka’s planned rareearth processing facilities.”
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Proactive Investors
JonathanJackson
+61 413 713 744
Jonathan@proactiveinvestors.com
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