Time for Critical Metals - Tin and Tungsten: Venture Minerals Limited (ASX:VMS)
Coffee with Samso Episode 73 is with Andrew Radonjic, Managing Director - Venture Minerals Limited (ASX: VMS)
The time may be coming for Critical Metals and those like Venture Minerals will be best placed to take advantage of the changing sector.
I have been a fan of tin since about 2002 (and tungsten in 2012) when I started to get serious about the corporate side of the Australian Stock Exchange (ASX). I was looking at several places, such as Tasmania, Indonesia, Malaysia and Burma. Tin has been one of the higher-priced metals but the market has not been good.
It was highly manipulated in the Malaysian dominance time and I think it has not been well since then. I do not know the reason for the recent rise in tin pricing but it seems to have a lot of legs as the spot price is nearly USD30,000 per tonne. This is definitely worth noting as the world prepares itself for the EV revolution.
Andrew Radonjic shares with us Venture's Mount Lindsay Tin and Tungsten project. The project is in the Western part of Tasmania, Australia. What is unique about this project is that a Bankable Feasibility Study was completed in 2012 which is the best proof of concept.
If you want to know something about this project, you must make yourself a cup of good coffee and spend the next 45 minutes taking notes.
You will not be disappointed as Andrew tells us all about the value that gave the company a AUD100M market capitalisation in 2012.
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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