• Noel Ong

The Search for Julimar Begins with Venture Minerals Limited


Rooster Talk Episode 43 with Andrew Radonjic, Managing Director of Venture Minerals Limited (ASX:VMS)


Chalice Mining confirms a Julimar style mineralisation for JV Thor Project


In this episode of Rooster Talk, Andrew Radonjic shares some updates since our last Coffee with Samso - Julimar's Twin Brother - The Thor Project in April 2021. As we had discussed in this Coffee with Samso, the discovery of drill targets was always going to happen.


The unique nature of the drill and geophysical results that were generated by Venture Minerals Limited is strong evidence that fits a Julimar style mineralisation. The stage is set for the drill rigs of the project to see some rocks.


The project is actually sitting on a new frontier that is ripe for new discoveries which up till now has been neglected due to commodity pricing, funding and market appreciation of these areas.





Today, Andrew Radonjic shares with us:

  1. Update on the Thor project

  2. What the EM anomalies mean in terms of the prospectivity of the project

  3. Why Kulin fits in well with the Thor project

  4. Thor is not a nearology play but is made of real exploration results

Chapters:


00:00 Intro

00:43 Updates on Thor

04:42 The Thor project is not a Nearology play

08:03 What does the term Siemens mean?

12:23 Is the northern EM anomaly a surprise anomaly?

14:33 How much comfort does Venture get from the Regional Prospectivity of the Thor and Kulin project?

19:21 The relationship between Red Wine and Geological Interpretation

23:25 The theory of the Cooking Pot

26:43 Funding and Discoveries

28:25 News flow for Thor.

29:36 Conclusion







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PODCAST




About Andrew Radonjic


Qualifications: BAppSc (Mining Geology), MSc (Mineral Economics), MAus/MM

Mr. Radonjic is a geologist and mineral economist with over 30 years of experience in mining and exploration, with an initial focus on gold and nickel in the Eastern Goldfields of Western Australia. Andrew has fulfilled a variety of senior roles which gave rise to three gold discoveries, totalling in excess of 3 million ounces in resources and resulting in 1.5 million ounces being produced. Since 2006 Andrew has been an executive director with Venture Minerals, which he co-lead during the discovery of the Mount Lindsay Tin-Tungsten deposit. Andrew is also a non-executive director with Blackstone Minerals.


About Venture Minerals Limited




Venture Minerals Limited (ASX: VMS) is entering an exciting phase as it looks to move from explorer to producer with production at the Riley Iron Ore Mine in northwest Tasmania. At the neighbouring Mount Lindsay TinTungsten Project, higher Tin prices and the recognition of Tin as a fundamental metal to the battery revolution have refocused Venture’s approach to developing Mount Lindsay. Already one of the world's largest undeveloped Tin-Tungsten deposits, the Company has commissioned an Underground Scoping Study on Mount Lindsay that will leverage off the previously completed feasibility work.


In Western Australia, Chalice Mining (ASX: CHN) recently committed to spending up to $3.7m in Venture’s South West Project, to advance the previous exploration completed by Venture to test a Julimar lookalike Nickel-Copper-PGE target.


At the Company’s Golden Grove North Project, it has already intersected up to 7% Zinc, 1.3% Copper and 2.1g/t Gold at Orcus and has identified several strong EM conductors currently being drill tested which are situated along the 5km long VMS (Volcanogenic Massive Sulfide) Target Zone, along strike to the world class Golden Grove Zinc-Copper-Gold Mine. Venture has recently completed a maiden drill program designed to bring forward a potential new gold discovery at the Kulin Project.


Latest ASX Announcement


Download their ASX Announcement dated 30th June 2021: Chalice defines new EM anomalies on Julimar lookalike target.

Disclaimer

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.


About Rooster Talk


Rooster Talks are conversations with industry experts about market insights, trends, and learnings that benefit businesses across all sectors in the Australian Stock Exchange.


If you find this Rooster Talk informative and useful, please help me share the information. I try and write about topics that are interesting and have the potential to be of investment value. It is not easy to find stories that fit those parameters.


If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact me at noel.ong@samso.com.au.

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