Realising Riley's Value
Rooster Talk Episode 34 with Andrew Radonjic, Managing Director - Venture Minerals Limited (ASX: VMS)
Venture Minerals ticked all the boxes and is taking the company to being a producer and realising up to AUD100M of value.
The first Coffee with Samso - A Targeted Diversified Mineral Explorer - Venture Minerals Limited (ASX: VMS) was published on 26th October 2020. When we started that journey with the company, there was not a lot of value being placed on the Riley's hematite project in Tasmania. Things have changed a lot since then with a rising iron ore price to a near all time high.
Today, Andrew Radonjic shares with us:
the significance of the latest announcement on the Riley's hematite project
the long awaited journey to mining an iron ore mine
the challenges of getting all the team in place to make the mining process possible
when will the company see cashflow and
what will mining mean to the company.
This is a good time to download the first Ebook (FREE) from Samso as it is all about VMS (Volcanogenic Massive Sulfides).
About Andrew Radonjic
Mr. Radonjic is a geologist and mineral economist with over 25 years of experience in mining and exploration, with a specific focus on gold and nickel in the Eastern Goldfields of Western Australia.
Mr. Radonjic began his career at the Agnew Nickel Mine before spending over 15 years in the Paddington, Mount Pleasant and Lady Bountiful Extended operations north of Kalgoorlie. He has fulfilled a variety of senior roles which gave rise to three gold discoveries, totalling in excess of 3 million ounces in resources and the development of over 1 million ounces.
About Venture Minerals Limited
Venture Minerals Limited is currently exploring in Western Australia for Copper-Lead-Zinc at the Thor Prospect, Nickel-Cobalt at the Pingaring Project (adjacent and along strike to the Quicksilver Nickel-Cobalt discovery), Nickel-Copper (new target) at the Odin Prospect and Nickel-Copper-Cobalt at the Caesar Project.
Recently the maiden drilling program at Thor intersected massive sulfides confirming the Copper-Lead-Zinc target is a 20 a kilometre VMS style system. Thor is now a top priority target for Venture moving forward.
The Company's initial focus was on realising the full economic potential of the Mount Lindsay Tin-Tungsten Deposit in North-West Tasmania. The Company has already defined one of the world's largest undeveloped tin deposits and has completed a Feasibility Study on Mount Lindsay. The emergence of tin as the metal most impacted by new technology through its use in Electric Vehicles has refocused Venture’s approach to developing this asset and an underground scoping study is currently underway.
The information contained on this website is the writer’s personal opinion and is provided to you for information only and is not intended to or nor will it create/induce the creation of any binding legal relations. Read full Disclaimer.
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