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    Explore "venture minerals limited" with insightful episodes like "Venture Minerals Limited (ASX: VMS) - A Different Australian Rare Earth Story - The Jupiter Project.", "Venture Minerals Limited (ASX: VMS) - Golden Grove North Goes AI with SensOre Limited.", "Venture Minerals Limited (ASX: VMS) - REE Drilling Ends In Mineralisation, Western Australia.", "Venture Minerals Limited (ASX: VMS) - Building a Rare Earth Portfolio in Western Australia" and "Venture Minerals Limited (ASX: VMS) - The Age of Boron." from podcasts like ""Coffee with Samso", "Coffee with Samso", "Coffee with Samso", "Coffee with Samso" and "Coffee with Samso"" and more!

    Episodes (7)

    Venture Minerals Limited (ASX: VMS) - A Different Australian Rare Earth Story - The Jupiter Project.

    Venture Minerals Limited (ASX: VMS) - A Different Australian Rare Earth Story - The Jupiter Project.

    Coffee with Samso 192 has Andrew Radonjic talking Rare Earths at the Jupiter project.

    Venture Minerals Limited (ASX: VMS) is now at the crossroads of emerging as a Rare Earth player in what is a complex and ultimately future-proofing sector. I labeled Venture Minerals as a Targeted Diversified Mineral Explorer in my very first interview with Andrew Radonjic, the Managing Director way back in October 2020, and this is another prime example of that business approach.

    The rare earth sector has had a lot of attention in the last 24 months and like all commodities, it is going through turbulent times. Samso has had the greatest privilege to have interviewed many of these stories over time and I see Venture Minerals as an interesting change to the current scene

    On the back of the recent announcement by Venture Minerals on the 29th of November 2023, entitled Jupiter Delivers over 7,000 ppm TREO assays from Maiden RC Drill Program, the company has raised additional funding to work on the project. In the current market, this is a strong vote of confidence for the potential of the Brothers REE project.

    In this episode, Andrew Radonjic shares with us his thoughts on the project and a good insight into the facts of the recent drilling results. In combination with the historical exploration activities, the picture of why Venture Minerals feels this project will have a future is material for viewers.

    Check out the conversation with Andrew Radonjic below:

    Samso's Conclusion

    As I have mentioned, we have had a good amount of content that is related to the rare earth sector, and my thoughts, which are consistent with most commentators, is that every REE project is unique. The key is what is at the bottom line of the project. Does it make money when the cookie crumbles?

    The Jupiter target is a clay-hosted rare earth project and as Andrew mentioned, there has been little metallurgical work done but these days, we are very comfortable assuming that it is a typical clay-hosted ree system. I don't think that this is a unique clay-hosted system but what will make it different is the logistical and the potential grade and tonnage.

    The other point of difference is a different social license. Most of the other projects have to deal with private landowners and the existence of the population. It may not be obvious now but I think in the long run, the bottom line will be noted.

    This is not to say that the others will not make money. As I measure the landscape for this sector, the companies that are left standing in the long term will be big winners. Fresh investors with more money in the bank will go a long way to becoming a long-term player.

    Chapters:

    00:00 Start

    00:20 Introduction

    00:54 What is happening with the Jupiter REE Target?

    03:56 Does alkaline intrusion play a part in Jupiter?

    06:50 Progress on the drilling at Jupiter

    14:11 What sets VMS apart from the others?

    25:17 Comments for existing shareholders

    29:37 Why did the recent new investors buy into the VSM Story?

    30:57 News flow

    33:34 Conclusion

    Coffee with Samso
    enDecember 17, 2023
    vms
    rare earths
    ree
    rare earth elements
    jupiter project

    Venture Minerals Limited (ASX: VMS) - Golden Grove North Goes AI with SensOre Limited.

    Venture Minerals Limited (ASX: VMS) - Golden Grove North Goes AI with SensOre Limited.
    Coffee with Samso
    enMay 19, 2023
    vms
    lithium
    andrew radonjic
    vmsvolcanicmassivesulphides
    venture minerals limited

    Venture Minerals Limited (ASX: VMS) - REE Drilling Ends In Mineralisation, Western Australia.

    Venture Minerals Limited (ASX: VMS) - REE Drilling Ends In Mineralisation, Western Australia.
    Coffee with Samso 174 with Andrew Radonjic is all about Venture Minerals building a Rare Earth Portfolio of projects in Western Australia.
     
    It is no surprise that Venture Minerals Limited (ASX:VMS) is now adding Rare Earths to the portfolio. The creation of a Decarbonisation Mineral Exploration Portfolio makes complete sense.
    Venture enters into a REE JV in Western Australia.
     
     
     
     
    Venture Minerals Limited
     
    For those readers who have just come across Venture Minerals Limited, the best way to conceptualise the company is to see it as a Targeted Diversified Mineral Explorer with a very experienced Managing Director. Andrew Radonjic has the silver hair happening coupled with a very smart strategy.
     
    I remind many readers that when I first interviewed Venture, I coined the term Targeted Diversified Mineral Explorer. There are many diversified companies but if you have been in this industry for a long time, you start to understand those that are real and those that are there for filling up space.
     
    A Targeted Diversified Mineral Explorer - Venture Minerals Limited (ASX: VMS) - Episode 49
     
     
    In that first interview, I started to realise that the diversified portfolio in their own right were good projects. Over the years and many conversations, in my opinion, are starting to create their own personality. The limiting factor is the fund allocation. In every business there are always budgets and Venture is no different.
     
     
    The Building of a Western Australia REE project.
     
    In the last Coffee with Samso, Andrew Radonjic, Managing Director of Venture Minerals mentioned, point out that the company has been looking at Rare Earth projects for a while now. The creation of a Western Australian based REE project does not surprise me at all (Figure 1).
     
    What makes this portfolio different is the location. The nearest focus on the REE news has been in the wheatbelt which is still a distance away. I cannot think of anyone that is building a project near the Venture ground. The rising trend has been in the wheatbelt region of Western Australia which about 50km to 100km south of the current project.
     
    Recap:
    As we previously mentioned, the first mention was the discovery of REE within the Mount Lindsay project. This was first released on 20th September 2022. All the news releases are listed below.
     
    Venture unearths REE mineralisation immediately adjacent to Tin Zones at Mount Lindsay
     
     
    Venture discovers 12.5% REE mineralisation at Golden Grove North
     
     
    Venture commences drilling at new, high priority REE-Tin target at Mount Lindsay
     
     
    Venture expands REE strategy with new priority targets in Western Australia
     
     
     
     
     
     
    Figure 1: Location of the new REE project for Venture Minerals Limited. (Source: Venture Minerals Limited).
     
    Samso's Conclusion
     
    It is no big secret that there is a REE bandwagon going around the Australian Stock Exchange, (ASX) at the moment. I have just been at the RIU Conference in Sydney and had a chance to talk and look at some of these projects. The common theme is that the majority of projects have come about from resampling of previous holes. There have been little understanding of the quality of the projects other than the assays.
     
    As I have mentioned many times, my go to person for REE information has been Brett Hazelden from OD6 Metals Limited (ASX: OD6). In his latest video, he talks about the refractory nature of some deposits. When the company completed their latest metallurgical work, it became apparent that there is a distinction between deposit types. The distinction is based how easy it is to extract the REE.
     
    In a simplistic explanation, the OD6 commentary is that the deposits which are highly weathered are more easy to extract. In the video he talks about how the deposits further away from the granitic source are more weathered.
     
    Hence, when I look at the Venture annoucnement, what strikes me immediately is that there are two deep holes which ended in mineralisation. Could these drill holes have gone deeper? The grades look interesting as it is nearly 50m. There are resources out there being funded with grades around less than the historical intercepts announced by Venture Minerals.
     
    The next point that strikes my interest is that the project is located in traditionally deeply weathered terrains. Some of the terrains are weathered in excess of 80 to 100m. If that is so, would the mineralisation had gone that deep? Are the troughs that span a distance which would act as a trap for the REE?
     
    These are hypothetical observations and I am highlighting it because this is where I feel the project may have some good differences to the other REE projects in the market. For this reason, I encourage readers seek more information and if possible, seek out Andrew to get more information.
     
     
    Tune in to Andrew's thoughts here.
     
    Chapters:
     
    00:00 Start
    00:20 Introduction
    01:10 The VMS Rare Earth story
    04:25 The significance of the historical drill holes.
    07:33 Venture Projects Potentially in New REE Province?
    08:27 What makes the VMS REE story different?
    14:41 Is VMS stretching resources to fund all the projects?
    19:41 Thoughts on the geopolitical issue surrounding rare earths
    22:56 News flow
    26:49 Conclusion
    Coffee with Samso
    enMay 12, 2023
    vms
    ree
    rare earth elements
    mineral exploraiton for ree
    venture minerals limited

    Venture Minerals Limited (ASX: VMS) - Building a Rare Earth Portfolio in Western Australia

    Venture Minerals Limited (ASX: VMS) - Building a Rare Earth Portfolio in Western Australia
    Rooster Talk 72 is all about Venture Minerals building a Rare Earth project portfolio.
     
    It is no surprise that Venture Minerals Limited (ASX:VMS) is now adding Rare Earths to the portfolio. The creation of a Decarbonisation Mineral Exploration Portfolio makes complete sense.
    Venture expands REE strategy with new priority targets in Western Australia
     
     
     
     
     
    The Rare Earth Bandwagon?
     
    The phrase "Rare Earths are Not Very Rare" is now way too over used. The REE scene has kind of matured in an accelerated way. One of the best Samso conversations is with Brett Hazelden, the Managing Director of OD6 Metals Limited.
     
    Check out the first Coffee with Samso that Brett did with Samso. It is a great start to understanding what it takes to develop a Rare Earth project.
     
    OD6 Metals Limited (ASX: OD6) - The Rare Earth Elements Story.
     
     
     
    The New Projects
     
    As Andrew mentioned, Venture Minerals have been looking at Rare Earth projects for a while now. Their first mention was the discovery of REE within the Mount Lindsay project. This was first released on 20th September 2022. All the news releases are listed below.
     
    Venture unearths REE mineralisation immediately adjacent to Tin Zones at Mount Lindsay
     
     
     
    Venture discovers 12.5% REE mineralisation at Golden Grove North
     
     
     
    Venture commences drilling at new, high priority REE-Tin target at Mount Lindsay
     
     
     
    Venture expands REE strategy with new priority targets in Western Australia
     
     
     
     
    Another Bow to War Chest.
     
    To me, this is part of the reasons why I like Venture. Dont get me wrong, I am not saying that Venture is travelling well now. The market sentiment for the company has not been kind. To add more issues, the general equity market is also poor. The share price is an indication of the company's position with the market.
     
    I see Venture creating value with the introduction of the Rare Earth story. The market is running hot on Rare Earths. The long term narrative for the permanent magnet story is strong. It is not going to happen in 5 years but if the geopolitical situation keeps going, then this is going to be a major story.
     
     
    Samso's Conclusion
     
    History tells us that there is never certainty. History also tells us that when bullies get together, it never ends well. China is now a bona fide player in world politics and there will be a shifting of participants on the world stage. The US and the West will begin to react or have reacted and this will lead to a shift of how natural resources are sourced.
     
    We all know that for the world economy to function, there has to be a balanced sharing of wealth. In this case, the wealth is where you source minerals. We are already seeing changes in geopolitical commentary of who should be and should not be dominating resources.
     
    Hence, the path forward will be positive for resource nations like Australia. Venture, like all the other companies will reap the rewards of the changing geopolitical game. The introduction of REE into the portfolio will do not harm. What they will find eventually is the question but Nothing Ventured, Nothing Gained.
     
     
    Chapters:
     
    00:00 Start
    00:20 Introduction
    00:52 The REE path.
    02:34 The New REE projects.
    06:52 Can EM help define targets at Bandy and Brothers project?
    09:10 Clay REE vs. Hard Rock REE - Discussion
    11:25 How to manage the large Venture portfolio?
    17:09 The Path Towards Decarbonisation.
    23:00 The importance of being Polymetallic
    27:00 Market narrative is All about Market Demand.
    28:19 Demand for Commodities are Known to be driven by World Current Affairs.
    33:10 Conclusion
    Coffee with Samso
    enApril 25, 2023
    asx
    vms
    rare earth
    asx eel
    vmsvolcanicmassivesulphides

    Venture Minerals Limited (ASX: VMS) - The Age of Boron.

    Venture Minerals Limited (ASX: VMS) - The Age of Boron.
    Coffee with Samso Episode 111 is all about Boron.
     
    The recent release by Venture Minerals Limited (ASX:VMS) is adding more light to the Mount Lindsay project. The realisation that more tin could be realised via the association of Boron now makes Mount Lindsay a solid project.
     
    Extensive Tin-Boron Rich Zones Identified at Mount Lindsay
     
     
     
     
    Who is Venture Minerals Limited (ASX: VMS)?
     
    In my very first Coffee with Samso with Andrew Radonjic, way back in October 2020, I had coined the company a Targeted Diversified Mineral Explorer. The basis of that title was because they have very promising targets. I know many people will say that is a long bow to draw but from an exploration point of view, I stand firm on my observation.
     
    A Targeted Diversified Mineral Explorer - Venture Minerals Limited (ASX: VMS) - Episode 49
     
     
     
    Market Status
     
    Currently, like many of the market participant, the share price has taken a battering. The journey has been one where at its peak of about AUD$0.16 in mid 2021, it is now pretty much at it low (Figure 1). The share price has moved since the latest release which appears to be giving the market some joy.
     
     
     
     
    Figure 1: The share price chart for Venture Minerals Limited (ASX: VMS) over the last 3 years. (Source: Commsec)
     
    What I feel is that the market is generally not a direct reflection on the perceived valuation of the company. In the exploration sector, this is more relevant as the potentials are never calculatable.
     
    The current market capitalisation is around AUD33M. Some pundits may say that this is high for an explorer, but one have to understand that Venture has a iron ore resource that is at mining stage and a Tin an Tungsten resource that is at Feasibility Study stage.
     
    Why does Samso like Venture Minerals Limited? - Mount Lindsay Mineral Province.
     
    There are many companies that I currently in the market, but not all of them is reflecting my enthusiasm. As I have said many time, as an exploration geologist, I am always looking at the potential and with over 30 years of experience, working and learning about the industry, I have seen and heard many stories.
     
    Over the years, I have learnt is to identify projects that could have the best possible potential to bear fruits. What I see in Venture are projects that have these potentials. Look at the Thor project. I like the concept and the potential from the first Coffee with Samso. The latest on that project is the Joint Venture partner has now target two new priority targets.
     
    Chalice Mining identifies two new priority Ni-Cu-PGE target
     
     
    The Mount Lindsay project is one that needs no introduction. Venture is currently working on a Feasibility study for Mount Lindsay. This will take time and as they develop new concepts. What is being now showcased is the potential endowment of the Province. When you look at the latest summarised geological plan (Figure 2), you will see why I call this the Mount Lindsay Mineral Province.
     
     
     
     
    Figure 2: Mount Lindsay Project: Geology Map showing High Grade Tin-Tungsten Targets and Tin-Boron Skarns
     
    For those readers that are not well versed with geology, what I want to represent with Figure 2 is that the area/province that I am referring to is well mineralised. There is a suite of metals that are being found. For this to happen, you need a mineral system that is sufficiently powerful and endowed to be present.
     
    In my time showcasing Venture Minerals, I dont think that has been a focus for the company. I will not be surprised when that is a topic of conversation.
     
    The Boron Story - Samso is Excited.
     
    The Boron story is going to be a big asset for Venture. For those taht are new to the Boron game, you will quickly find that Venture is in the big leagues. Granted that there is still a lot of questions, such as, is there an economic volume, is there an economic recoverable process...etc.
     
    For Samso, the input credit and the potential ability to recover more tin in the process is the game changer. When you look at the major mining projects, it is very often the input m credits of other products in the mine that makes the profitability of the mine. If you look at Olympic Dam, by far the biggest single mine in the world, it is the myriad of other metals that have extended the life of the mine.
     
     
    Samso's Conclusion
     
    Venture Minerals have been through a wild ride over the two years. There is no denying that there are shareholders who are disappointed with the journey lately but there are also shareholders that have bought at the lows and exited with a handsome loot.
     
    The introduction of the Boron story is exciting. This could be the game changer for Venture. This will create a new dimension for the company as when you look at the market for Boron, it will be an eye opener. If the oncoming data about what Venture have in terms of the Boron is positive, we will be in for another ride.
     
    Whichever shareholder you are, there is also some realities that make VMS a well balanced investment. When you look at the portfolio of projects, they are placed in every stage of the exploration game. You have early stage greenfield exploration such as Kulin and Golden Grove North. Thor which is in a joint venture with Chalice Mining is being explored but is free carried as Chalice is earning into the project.
     
    Mt Lindsay and the Riley iron ore project is the next step up. Mount Lindsay has greenfield to "development". Riley is at mining stage. Riley is waiting for the right market timing and can be turned on when the time arrives.
     
    So my thoughts on a company like this is, its hedged at all ends. There are not too many companies in the sector with this kind of portfolio. I have spoken to many and I will be surprised that there is more than a handful with the well spread of projects like Venture Minerals.
     
    When you have been in the sector for a long time, you appreciate these kind of odds. For this reason, I think that at at market cap of 40M, Venture is definitely worth doing some lengthy research.
     
    Andrew Radonjic has been in this game for a long time and when you look at the price chart in Figure 1, the risk of investing in the company is not ambiguous. One may say you can go to the casino and have the same odds, but as all investors in this sector, we beg to differ. Research and understanding your risk management is the key.
     
    Understand the geology, understand the upside and downside and understand your own risk capability. For these reasons, I strongly recommend reaching out to Andrew and getting him to give you the low down on the company.
     
     
    Chapters:
     
    00:00 Start
    00:20 Introduction
    01:20 About Venture Minerals and boron
    04:14 Tin-rich borates in Mount Lindsay
    12:02 Any potential metallurgical issues?
    14:57 How much can be recovered from the cassiterite?
    19:56 Uses of boron
    23:18 Market shifts?
    28:57 News flow
    30:22 Why VMS?
    31:56 Conclusion
    Coffee with Samso
    enApril 21, 2023
    vms
    ree
    boron
    andrew radonjic
    vmsvolcanicmassivesulphides

    Venture Minerals Limited (ASX: VMS) - A Rare Earth Story with a Difference.

    Venture Minerals Limited (ASX: VMS) - A Rare Earth Story with a Difference.
    Coffee with Samso Episode 163 is all about Rare Earths.
     
    Venture Minerals Limited (ASX:VMS) has just made several announcements on the discoveries of Rare Earths on their Golden Grove North and Mount Lindsay projec
     
    The mass discoveries of REE of recent is testament to the fact that Rare Earths are not very Rare. Most retail investors are not too concerned about the facts and the viability of REE projects as they jostle for trading opportunities. Many of these investors are only interested in the systems of "selling dreams".
    One cannot begrudge this trading system. Trading to sell dreams have made a lot investors money. I dont work well with that system. I always end up with the short straw. I take my advice from a friend and mentor Geoffrey Donohue who taught me to not flow with the sentiment of the market but DYOR. Like all the great investors that we hear about, they are all into real facts and great management.
     
    Like all businesses, there are some that will be around for a long time and there are those that dance on tables now, but are never in the spotlight when the tide subsides. The best of these quotes are those from Warren Buffet.
     
    When I look at Venture Minerals, with the recent announcements, the first thing that came to my mind was whether this could be the catalyst that Mt Lindsay need to get going. A credit to the mining cost that would give the tin and tungsten the boost for profitability. One of the best words used in the mining process is credits.
     
    Mining of the REE will be a the same stage as any other proposal to mine the Tin and Tungsten so the excitement will be how much of the REE will contribute to the bottom line.
     
    In many other REE project, they will need volume and logistics. Venture will be adding the REEs to an existing mining schedule which will likely create credits to any spreadsheet.
     
    When you look at the Cadia Gold Copper Mining Project, the most profitable gold mine in Australia, it's All In Sustaining Cost (ALSC) is negative. In January 20921, Newcrest announced a record AISC of negative US$6 ($7.83) per ounce of gold was due to higher copper prices and sales volumes, along with the timing of sustaining capital expenditure (Australian Mining).
     
    Cadia produces gold doré from a gravity circuit and gold-rich copper concentrates from a flotation circuit at Cadia. The gold dore is then refined at the Perth Mint and concentrates are piped to a dewatering plant at nearby Blayney and sent by rail to Port Kembla in New South Wales for export.
     
    The Molybdenum Plant is expected to deliver an additional revenue stream in the form of a molybdenum concentrate which will be a by-product credit to AISC per ounce.
    ---- Newcrest Website
     
    This is one of the most productive mine in Australia but it took a long time from discovery to production. At one stage, there was talk that this project was not going to get the tick of approval. Cadia was a closed mine since 1929 and only rejuvenated in 1992. Production as we know it did not happen immediately.
     
    Hence, when I hear all the negative narratives about Venture Minerals, I would like to remind viewers that all the great projects in the world today did not happen overnight. The tin and tungsten strategy has not disappeared. The resurgence of the REE sector is mainly due to the recent changing geopolitical positions. The jostling for the biggest bully in international politics is just beginning.
     
    This will impact Venture immensely as tin, tungsten and REE are key players in the critical and essential sectors. I sense that the resurgence of Tungsten may not be far away. Tungsten, economical amounts, are indeed rare. The importance on the military side of things will make Tungsten take the spotlight.
     
    Coupled with REE and tin, I think Venture is definitely worth putting on your watch screen and DYOR.
     
    Take time and listen to Andrew Radonjic talk about the latest discoveries of REE in their projects.
     
     
    Chapters
     
    00:00 Start
    00:20 Introduction
    00:55 News about rare earths prospects
    02:12 What are the learnings from the discoveries?
    05:27 How do you want investors to see Venture Minerals?
    11:12 A good geology setting for carbonatites?
    13:54 How do you see the rare earths market going forward?
    17:38 Updates on other projects - Kulin and Thor
    23:02 Are we in the phase of new discoveries?
    27:22 News flow
    30:48 Why Venture Minerals?
    33:35 Conclusion
     
    Coffee with Samso
    enNovember 27, 2022
    asx
    rare earths
    ree
    venture minerals limited

    Transitioning to a Tin Mining Company.

    Transitioning to a Tin Mining Company.
    Coffee with Samso Episode 141 is all about the progress to a Feasibility Study and creating a World Class Tin producer
     
    Venture Minerals Limited (ASX:VMS) is starting to build the long path for production and this is a great conversation with Andrew Radonjic, the Managing Director.
     
    In this episode of Coffee with Samso, Andrew share with us the progress and what he sees as the building steps to making Venture Minerals as 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 all these projects have 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 appear 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 questions. 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 are the potential of non-Tin and non-Tungsten metals?
    30:10 What are the exploration potentials?
    31:35 Could the current Geopolitical Issues can 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
    Coffee with Samso
    enApril 23, 2022
    asx
    vms
    tin
    tungsten
    tungstenintasmania
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