Is Venture Minerals Limited (ASX:VMS) an accidental recipient of the Green Metal movement? Listen to what Andrew Radonjic, Managing Director says about this on Coffee with Samso Episode 121.
Replay the #GreenTin Song
The Green metal and No Emission movement has made the plight of the Tin Story important for Investors. Venture Minerals may be an accidental recipient of the Green Metal movement.
The whole Green Tin story with Venture Minerals has been talked about many times. In some respect, it is almost sounding like a broken record. I don't blame readers for thinking that way. However, with the price of tin moving even higher since the last time we played the Green Tin song, I am encouraging readers to take a pause on the skip-to-next-track button and just pause and perhaps listen to this song a little more deeply. It may well have more to offer with each listening.
The flagship project for Venture Minerals has always been about Mount Lindsay and to this day, that is more true than it has ever been over the decades. As the world moves into the next industrial revolution, tin and tungsten may end up being the dominant players in the metal sector.
Let's listen to these chapters:
03:51 What is happening with the Thor Project?
09:06 This current market is different to the past ups and downs.
12:10 Metals that are not talked about in the past are now in the limelight.
17:56 The difference in physical tin properties.
22:57 Why Green Tin is a Reality.
25:43 The underground at Mount Lindsay is now positive for the project.
28:18 All factors favour the Green Tin Story.
30:59 What are the numbers and timing for fruiting this Green Tin Story?
33:18 Mining is a long term game.
35:53 Last words from Andrew.
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 has been co-leading during the discovery of the Mount Lindsay Tin-Tungsten deposit. Andrew is a founder and recently was a director of Blackstone Minerals Limited (ASX: BSX).
About Venture Minerals Limited
Venture Minerals Ltd (ASX: VMS) is entering an exciting phase as the Company moved from a highly successful explorer to producer with completion of the first shipment from 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 commenced an Underground Feasibility Study on Mount Lindsay that will leverage off the previously completed 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 to be drill tested 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.
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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.
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