Venture Minerals Records Further High-Grade TREO Drilling Result at Jupiter

THE DRILL SERGANT: Venture Minerals (ASX: VMS) announced further drilling results from the company’s Jupiter rare earth elements (REE) discovery in Western Australia.

Venture Minerals has been drilling targeting the northwest quarter of Jupiter, from where it claimed, “another record-breaking result” of:

BRAC281
57 metres ta 3,430ppm total rare earth oxides (TREO).

Venture Minerals said it is now well positioned to complete its maiden Mineral Resource Estimate, with drilling confirming broad zones of high-grade, REE mineralisation over the entire 40 square kilometres Jupiter system.

“With this batch of results we’ve now received assays from drilling over the entire Jupiter system and the potential they indicate for our upcoming Maiden Resource has heightened our anticipation,” Venture Minerals managing director Philippa Leggat said in the company’s ASX announcement.

“These results come at a time when we have secured 100 per cent ownership of the project and attracted high-quality, institutional investors to fund the company for the next 18 months.

“I look to working with stakeholders and shareholders as we focus on unlocking the full potential of the Jupiter discovery.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE