New Drill Program to Target High Grade Zones at Jupiter

Venture Minerals (ASX: VMS) is pleased to announce the commencement of a new drilling program targeting high-grade mineralisation at the Company’s flagship Jupiter rare earth discovery. The new program follows the recent modelling of significant zones of high-grade mineralisation in both the northern and central zones of the large-scale system. The priority drill program will focus on further defining these zones, which often exceed 3,000ppm TREO.

Managing Director, Philippa Leggat, said “Following a plethora of impressive drill results throughout the entire 40km2 Jupiter Project, we are excited to focus our attention on further defining the substantial high-grade zones identified within the system. The completed resource drilling has provided us with valuable data for our maiden resource estimate and highlighted sizeable zones of high-grade mineralisation. Our new drilling program will be focussed on these priority targets as well as testing some of the regional targets in the broader Brothers project surrounding1 Jupiter. I look forward to sharing results with shareholders as we drill test these interesting targets over the coming weeks.”