Venture Minerals Ltd (ASX: VMS) has refocused its approach to developing the Mount Lindsay Tin Tungsten Project in northwest Tasmania, already one of the world’s largest undeveloped Tin-Tungsten deposits.

With the recognition of Tin as a fundamental metal to the battery revolution and Tungsten being a critical mineral, Venture has commenced an Underground Feasibility Study on Mount Lindsay that will leverage off the previously completed open-pit feasibility work, and recently included additional, potential large-scale quantities of tin and boron within the current resource base, and extensively throughout the greater Mount Lindsay skarn system.

The tin-borates have not previously been assessed in any mining studies. Borate minerals contain a large amount of Boron, a critical mineral in the solar panel industry. At the neighbouring Riley Iron Ore Mine, the mine is prepared for a quick restart should the market conditions become favourable.

In Western Australia, Venture has recently expanded its REE strategy with new priority targets at the Greater Brothers Project, including a recent JV into neighbouring REE project hosting drill intersections up to 49 m @ 1,313 ppm TREO. Follow-up maiden drilling intersects up to 40 m @ 1,832 ppm TREO including 10 m @ 2,725 ppm TREO. Chalice Mining (ASX: CHN) recently committed to the second stage of the JV which requires a further $2.5 million of expenditure over the next two years to earn a further 19% interest (for a total of 70%) in Venture’s South West Project. At the Company’s Golden Grove North Project, SensOre (ASX:S3N) is farming in whilst Venture retains the REE rights, the earn-in includes drilling of the Vulcan High Grade REE Target. SensOre’s proprietary AI technology has already highlighted lithium and copper exploration potential at Golden Grove North. The Company has a significant Nickel-Copper-PGE landholding at Kulin with two highly prospective 20-kilometre long Ni-Cu-PGE targets within the Kulin Project, whilst recent exploration has identified clay hosted REE targets.