{"id":10563,"date":"2024-06-05T03:11:16","date_gmt":"2024-06-05T03:11:16","guid":{"rendered":"https:\/\/economicherald.net\/?p=10563"},"modified":"2024-06-05T03:11:16","modified_gmt":"2024-06-05T03:11:16","slug":"venture-minerals-pulls-in-top-shelf-hit-at-8m-at-5716ppm-treo-at-jupiter","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=10563","title":{"rendered":"Venture Minerals pulls in top shelf hit at 8m at 5,716ppm TREO at Jupiter"},"content":{"rendered":"<p>Broad zones of high-grade mineralisation from infill drilling continue to demonstrate the scale and consistency of the Jupiter project<br \/>\nStand out hits include 16m at 3,526ppm TREO<br \/>\nAssays for 104 holes pending <\/p>\n<p>Special Report: Venture Minerals continues to demonstrate the scale and consistency of its Jupiter discovery with results from infill drilling confirming high-grade mineralisation over the entire 40km\u00b2 target. <\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/venture-minerals-vms\/\">Venture Minerals (ASX:VMS)<\/a> is maintaining momentum from a streak of impressive drilling results at its Jupiter clay-hosted rare earths project, west of Mount Magnet in WA.<\/p>\n<p>In February, the company received its first batch of assay results from Stage 1 resource definition drilling which returned a record 48m at 3,025ppm total rare earth oxides (TREO).<\/p>\n<p>That result is understood to the be the highest-grade clay hosted REE intersection ever for an Australian project, placing the company well above its peers in term of both grade and scale.<\/p>\n<p>Since then, VMS has continued to hit a bout of encouraging results from Jupiter, including a 60m intersection grading above 2,000ppm.<\/p>\n<p>\u00a0<\/p>\n<h2><strong>\u2018Remarkable consistency\u2019 <\/strong><\/h2>\n<p>New assays from aircore drilling at Jupiter continue to highlight \u201cexcellent continuity\u201d between drillholes and confirm high-grade REE mineralisation over the entire 40km2 target.<\/p>\n<p>Standout results include 16m at 3,526ppm TREO and 8m at 5,716ppm TREO.<\/p>\n<p>\u201cYou know you\u2019re on to a great project when you have to decide between headlining two stand-out, high-grade hits for the title,\u201d VMS managing director Philippa Leggat says.<\/p>\n<p>\u201cWhile these individual results are incredible, the bigger picture is actually far more important.<\/p>\n<p>\u201cWe are seeing remarkable consistency between drill holes over what is a very large mineralised system, which is a major win and a significant milestone for Jupiter.\u201d<\/p>\n<p>\u00a0<\/p>\n<p>Drillhole location and new intersections. Pic: Venture Minerals<\/p>\n<p>\u00a0<\/p>\n<h2><strong>Assays pending <\/strong><\/h2>\n<p>The last round of drilling, completed in April with 246 aircore holes drilled for a total of 14,370 metres, brings the drill density across the 40 km\u00b2 area of Jupiter to a 500m by 250m spacing and provide meaningful data for a maiden resource.<\/p>\n<p>Assays results from 104 holes are pending.<\/p>\n<p>\u00a0<\/p>\n\n<p><span class=\"mce_SELRES_start\">\ufeff<\/span>\u00a0<\/p>\n<p><em>This article was developed in collaboration with Venture Minerals, a Stockhead advertiser at the time of publishing. <\/em><\/p>\n<p><em>\u00a0<\/em><\/p>\n<p><em>This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n<p><span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/resources\/venture-minerals-pulls-in-top-shelf-hit-at-8m-at-5716ppm-treo-at-jupiter\/\">Venture Minerals pulls in top shelf hit at 8m at 5,716ppm TREO at Jupiter<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Broad zones of high-grade mineralisation from infill drilling continue to demonstrate the scale and consistency of the Jupiter project Stand out hits include 16m at <a href=\"https:\/\/economicherald.net\/?p=10563\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":10564,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-10563","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - 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