Venture Minerals Hits Best Jupiter Drill Intersection to Date

THE DRILL SERGEANT: Venture Minerals (ASX: VMS) reported further aircore drilling success from the company’s Jupiter rare earth discovery in Western Australia.

Venture Minerals declared the latest results from the large-scale, high-grade, Jupiter rare earth discovery to have eclipsed all expectations, with the whole southern zone of the 40 km2 target delivering consistent broad and high-grade REE mineralisation.

The drilling included the company’s best intersection to date of:

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58 metres at 2,723ppm total rare earth oxide (TREO).

“The most telling way to assess exploration success is to compare the before and after results,” Venture Minerals managing director Philippa Leggat said in the company’s ASX announcement.

“When you see infill drilling delivering a sea of magenta that represents the highest grade, like we see in the southern area of Jupiter, you know you’re onto a very, robustly mineralised system.

“And, after over 200 drill holes we are still breaking records, with amazing intersections of up to 58 metres at 2,723ppm TREO in this latest batch of assays.

“We are excited to receive the final assay results and move forward with our metallurgy and then maiden resource estimate.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE