Venture Minerals Targeting High-Grade TREO Zones at Jupiter

THE DRILL SERGEANT: Venture Minerals (ASX: VMS) is back out drilling at the company’s Jupiter rare earth discovery in Western Australia.

Venture Minerals is conducting the drilling program targeting high-grade mineralisation at Jupiter.

The new program follows recent modelling completed by Venture of zones of high-grade mineralisation in both the northern and central zones of the large-scale system.

The priority drill program will focus on further defining these zones within Jupiter’s northern margin zone where recent results show intersections in the 5,000 – 10,000ppm total rare earth oxide (TREO) range.

In addition to the drill program the company is continuing to work towards its maiden resource estimate and finalising its comprehensive metallurgical program.

“Following a plethora of impressive drill results throughout the entire 40 square kilometres Jupiter project, we are excited to focus our attention on further defining the substantial high-grade zones identified within the system,” Venture Minerals managing director Philippa Leggat said in the company’s ASX announcement.

“The completed resource drilling has provided us with valuable data for our maiden resource estimate and highlighted sizeable zones of high-grade mineralisation.

“Our new drilling program will be focussed on these priority targets as well as testing some of the regional targets in the broader Brothers project surrounding Jupiter.

“I look forward to sharing results with shareholders as we drill test these interesting targets over the coming weeks.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE