Coffee with Samso 96 with Andrew Radonjic, Managing Director of Venture Minerals Limited (ASX:VMS)
Venture Minerals is suffering from too much value in its portfolio. What was a defensive strategy to gather as many projects as possible to find a single jewel has led them to unearthing a chest full of treasures.
Andrew Radonjic helps us understand the significance of the Kulin Project and why this is not just another Greenfield project. This is not a nearology play nor is it a project using namesakes to attract attention. Andrew shares with us the sound exploration deduction to create a project that will add significant value to shareholders.
Kulin is a Ni-Cu-PGE target in its own right. Andrew tells us that the geology is consistent with current thinking on this style of deposits. Furthermore, a big major has taken a large tenement package adjacent to the current Venture ground.
What further belief would you need on the prospectivity of this area if a major mineral company is taking big chunks of land as well?
What's interesting to note is the surging Tin price.
The Mount Lindsay project is set up to take advantage of the current pricing. The bigger story is that the Mount Lindsay project is naturally Green in the sense of making this a totally ESG compliant project.
Do not miss out on what Andrew Radonjic has to say.
Updates on the Kulin Project.
Why Kulin could be a Ni-Cu-PGE project in its own right.
What Ni-Cu-PGE is all about.
The surging Tin price making Mount Lindsay a big bear to watch.
The Green Story for Mount Lindsay.
Mining Mount Lindsay may be Green due to economics and not an ESG requirement.
Chapters:
00:00 Intro
01:08 Updates on Kulin.
04:42 The Thor project is not a Nearology play.
05:37 Is Kulin a New Frontier?
11:30 What is the fuss with Ni-Cu-PGE statement?
17:04 Could Kulin be a JV target?
20:45 Is the surging Tin price pushing Mount Lindsay back as a flagship project?
27:00 Could Mount Lindsay be the Green Tin producer?
31:02 Ore sorting could make Mount Lindsay even more valuable.
32:25 Great positioning to be a World Class Tin Player.
34:45 The Green Tin Story is more than a Dream.
35:41 Conclusion
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 Ltd (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 Tin-Tungsten Project, higher Tin prices and the recognition of Tin as a fundamental metal to the battery revolution has 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 spend up to $3.7m in Venture’s South West Project, to advance 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 recently doubled the Nickel-Copper-PGE landholding at Kulin by securing two highly prospective 20-kilometre long Ni-Cu-PGE targets.
Share to Grow: Your Bonus eBook: How to add value to your Share Portfolio
This is a good time to download our Free Ebook as it is all about VMS (Volcanogenic Massive Sulfides).
The eBook is about lessons on geological models sought by mining companies. It gives insight and an understanding of which portfolios are better - and potentially more lucrative investments. Click here to download this eBook.
Disclaimer
The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer.
Brilliant-Online pushes for a better world with its interactive magazine and advertorial content. The Brilliant-Online partnership is an opportunity to reach new and wider audiences in a fresh, appealing format to pique and retain investor interest.
