Venture Minerals Limited (ASX:VMS, OTC:VTMLF) managing director Andrew Radonjic speaks with Proactive after announcing the company has intersected high-grade clay-hosted rare earth element (REE) mineralisation in its maiden drill program at the Greater Brothers Project in Western Australia. Results reveal several intersections of up to 15 metres at more than 2,000 ppm total rare earth oxides (TREO) within broader zones spanning up to 45 metres at about 1,500 ppm TREO throughout an extensive area. He says the quality of the assay results has prompted the company to prioritise a follow-up drilling program. Approvals and planning are underway as the company moves closer to determining the magnitude of this new high-grade REE discovery.
Venture Minerals makes potential world-class clay hosted REE discovery