Venari Minerals NL
Venari Minerals NL is engaged in exploration and development of mineral resources, principally in the areas of mineral sands, lithium, iron-oxide-copper-gold (IOCG) deposits.
The business
Venari Minerals NL is engaged in exploration and development of mineral resources, principally in the areas of mineral sands, lithium, iron-oxide-copper-gold (IOCG) deposits. The Company’s projects include Red Mountain Lithium, Needles Gold Project, and Governor Broome Project WA. Red Mountain Lithium project is located in central-eastern Nevada adjacent to the Grand Army of the Republic Highway. The Red Mountain Project, including the Red Mountain Extension, comprises 407 unpatented lode mining claims for a combined surface area of 33 square kilometers. The 100%-owned Needles Project comprises 216 unpatented lode mining claims covering an area of 18 square kilometers and lies 92 kilometers (km) east of the mining town of Tonopah in Nye County, Nevada, United States of America. The Governor Broome Project is its 100% owned Heavy Mineral Sands (HMS) Project located in the mineral-sand-rich coastal plains of Western Australia.
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Latest news
Venari Minerals Set to Release Maiden Red Mountain MRE after Further Lithium Mineralisation Success
Venari Minerals (ASX: VMS) has continued its progession toward a maiden mineral resource estimate with further positive drill results from its Red Mountain lithium project in Nevada, USA.
Venture Minerals progresses Jupiter prospect with stellar drilling results
Venture Minerals (ASX: VMS) has further confirmed the potential of its large-scale, clay-hosted rare earth elements (REE) Jupiter prospect with further high-grade drilling results at the Brothers project located in the midwest region of Western Australia. Assays from the third and final batch of results from a recently-completed stage one resource definition drill program included […]
Investors continue to pump money into mining shares as hard assets shine
Interest rates near zero or negative, uncertainty about whether we are heading for inflation or deflation, the growing global debt mountain, central banks prolifically printing money — all of these swirling scenarios may be creating an increasing appetite for metals as a hard asset. While the big funds can actually trade in metals derivatives, others […]
Chalice leverages Julimar discovery knowledge to farm into new nickel-copper-PGE project
Chalice Gold Mines (ASX: CHN) has taken an option to earn up to a 70% stake in the South West nickel-copper project which has a “Julimar lookalike” target, a reference to the company’s headline-making discovery in March. In a deal with Venture Minerals (ASX: VMS), Chalice will farm into this new project, which lies near […]
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