Venture Minerals is striving to discover and develop world class mineral deposits.
Venture Minerals Ltd (ASX: VMS) is entering an exciting phase as it looks to move from explorer to producer with production at the Riley Iron Ore Mine in northwest Tasmania.
At the neighbouring Mount Lindsay Tin-Tungsten Project in North‐West Tasmania, higher Tin prices and the recognition of Tin as a fundamental metal to the battery revolution has refocused Venture’s approach to developing Mount Lindsay. Already one of the world’s largest undeveloped Tin deposits, the Company has commissioned an Underground Scoping Study on Mount Lindsay that will leverage off the previously completed feasibility work.
In Western Australia, Chalice Gold Mines (ASX: CHN) recently committed to spend up to $3.7m in Venture’s South West Project, to advance previous exploration completed by Venture to test a Julimar lookalike Nickel-Copper-PGE target.
At the Venture Minerals’ Golden Grove North Project, along strike of the world class Golden Grove Zinc-Copper-Gold Mine, the Company has already intersected up to 7% Zinc, 1.3% Copper and 2.1g/t Gold at Orcus and there are several strong EM conductors situated along the VMS (Volcanogenic Massive Sulfide) which is currently being drill tested.
Venture has recently completed a maiden drill program designed to bring forward a potential new gold discovery at the Kulin Project.
The 100% owned Riley DSO Project is located 10km from the Mt Lindsay Tin-Tungsten Deposit and occurs as a hematite rich pisolitic and cemented laterite…
The Mount Lindsay Project (148 km2) is located in north-western Tasmania within the contact metamorphic aureole of the highly perspective Meredith Granite…Read More
The Golden Grove Camp, 370 kilometres north-northeast of Perth, is the prime VMS occurrence in the Archean Yilgarn Craton of Western Australia with over twelve deposits discovered over 13 kilometres of strike…Read More
The Company secured exploration licences around and along strike from Golden Mile Resources’ (ASX: G88) recent Quicksilver Nickel-Cobalt Discovery located ~300 km east of Perth in Western Australia and named it the Pingaring project…Read More