Venture Minerals Limited (ASX: VMS) - Jupiter REE Deposit: April 2024 Update

Coffee with Samso 195 is all about the accessibility of the Jupiter Rare Earth project. This episode comes from the site of the project and lets audiences see why Jupiter is all about Location, Location, Location.

Venture Minerals Limited (ASX: VMS) is now finalising a drilling program to infill the Jupiter project as they work to build a maiden JORC resource for the project. It is also now brining management to site to see for themselves the ease of having a potential mining proposition.

Managing Director, Andrew Radonjic and the Chair, Mel Ashton is sharing with us their thought on this episode of Coffee with Samso. There are no revelations but a reinforcement to investors and shareholders that the potential for a mining operation will come with Tier 1 infrastructure and potential partners or off-takers.

Remembering the Reasons to Focus on the Jupiter REE project.

The fanfare on the Jupiter Rare Earth project is all about the ASX release by Venture Minerals on the 29th November 2023 (Jupiter Delivers over 7,000 ppm TREO assays from Maiden RC Drill Program) and the second round of results that was released on the 8th March 2024 (Jupiter Drilling Continues to Deliver Broad High-Grade REE Mineralisation including a Record NdPr Intersection of over 5,000 ppm). The investor interest that followed is now a

The share price has been very buoyant and when taken into context of the Rare Earth sector in general, Venture Minerals is doing very well. There is a keen interest in the market to see where this story will end up.

Check out the conversation with Andrew Radonjic below:

Samso's Conclusion

In the lead up to the trip to the project, Andrew Radonjic had been taking a position that the location of the project could be a game changer and I have to say that it does make sense. The highway is within 2km from the edge of the tenement boundary, there is a gas

Chapters:

00:00 Start

00:55 Introduction to Mel Ashto3

00:53 Updates on Jupiter

04:34 The Potential Size of the Jupiter Resource

08:55 Potential Strategy for Jupiter Project

11:52 Could there be other High-Grade "Cores"?

17:54 Discussion on Metallurgy

20:52 Location, Location Location

23:56 How can Venture take advantage of the REE Market?

25:57 What would the Exit look like for potential investors?

26:58 View on the Rare Earth Market over the next 12 months?

34:41 News Flow

38:00 Tin

39:11 Conclusion