• Noel Ong

Venture Minerals Limited transitions to a Tin Mining Company.

Coffee with Samso Episode 141 is all about the progress of Venture Minerals Limited (ASX:VMS) towards a Feasibility Study and becoming a World Class Tin producer.


Venture Minerals Limited (ASX:VMS) is starting to build the long path towards production and this is a great conversation with Andrew Radonjic, the Managing Director.


In this episode of Coffee with Samso, Andrew shares with us the progress and what he sees as the steps to make Venture Minerals a World Class Tin and Tungsten producer.



Andrew and I discuss what has been happening and he gives an update on Thor (Julimar look-alike), Kulin, and Golden Grove North. These are what we call 'the other projects' but we know that every single one of these projects has the potential to have a life of their own.






What I like about Venture Minerals at this stage is that the volatility that has been a common theme with its share price appears to have abated. This is a great time for potential investors to start doing their DYOR. I urge all interested readers and viewers to reach out to Andrew and satisfy their curiosity. Patience is the key to looking at the company's future.

Let's listen to these chapters:


00:00 Start

00:20 Introduction

01:09 Thor Update.

01:43 The Thor JV is now confirmed.

04:44 Thor could get bigger.

06:14 Team getting ready for upcoming Feasibility Studies.

10:26 What's the difference in the study now and in 2012?

14:18 Is the current resource robust enough?

19:22 Is the margin better now? Can the other metals be a credit to the process?

23:46 What is the potential of non-Tin and non-Tungsten metals?

30:10 What are the exploration potentials?

31:35 Could the current Geopolitical Issues be positive for the Tungsten market?

37:02 Thoughts on nationalism on metal mining.

39:53 Is the Green Tin still a possibility?

45:11 Rehabilitation can be positive for the environment.

46:46 Other projects.

49:24 News flow.

51:03 Why the feasibility study should be "easier".

52:26 Conclusions


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 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) - logo



Venture Minerals Ltd (ASX: VMS) has refocused its approach to developing the Mount Lindsay Tin-Tungsten Project in northwest Tasmania, already one of the world's largest undeveloped Tin-Tungsten deposits. With higher Tin prices and the recognition of Tin as a fundamental metal to the battery revolution, Venture has commenced an Underground Feasibility Study on Mount Lindsay that will leverage off the previously spent +$35m on feasibility work.


At the neighbouring Riley Iron Ore Mine, the company entered an exciting phase as it moved from a highly successful explorer to producer with completion of the first shipment. 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 the priority 20 km long Thor 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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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.

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