Venture Minerals Limited (ASX:VMS, OTC:VTMLF) MD Andrew Radonjic tells Proactive the company has uncovered a significant rare earth element (REE) target now known as the Jupiter prospect at the Brothers Project in Western Australia. The discovery forms part of a 40-square-kilometre area characterised by a coincident gravity and magnetic anomaly, hosting extensive REE-rich clays. This finding, made following reconnaissance aircore drilling, indicates a strong correlation between the magnetic and gravity anomalies and high-grade total rare earth oxide (TREO) results near the surface.
Venture Minerals identifies massive new REE target