Venture Minerals (ASX: VMS) has strategically expanded its rare earth project by acquiring 361 km² of land adjacent to the high-grade Jupiter Rare Earths discovery, increasing the project size by 36%. This acquisition connects the Jupiter site with significant mineralization located 10km to the north, providing seamless access to a major road and securing high-priority clay-hosted rare earth targets in the vicinity.
The Jupiter area is noted for record Australian clay-hosted intersections, yielding exceptionally high-grade rare earth oxide results, including a notable intersection with 5,056 ppm of Neodymium and Praseodymium oxides. Situated in Western Australia's Midwest, close to critical infrastructure and within proximity to Lynas's operational plant and Iluka's planned processing facilities, this expansion strengthens Venture Minerals' position in a region supported by the Australian government’s Critical Minerals Strategy. The area is characterized by low Thorium and Uranium levels, aligning with environmental and safety standards.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 20, 2024
Nov 20, 2024
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.