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16/04/2024
Mining News

Venture Minerals unearths record rare earth elements intersection at Jupiter Prospect

Venture Minerals Limited has revealed a groundbreaking discovery of critical rare earth elements (REE), neodymium, and praseodymium at the Jupiter REE prospect within the Brothers Project in Western Australia.

This record intersection, with concentrations of 5,056 ppm neodymium-praseodymium oxides, adds to the consistently high-grade zones found in the second batch of assay results from stage one resource definition drilling. The results show zones of +2,000 ppm total rare earth oxides (TREO) over 20-30 meter widths, validating geophysics and covering only a small portion of the 40-square-kilometer Jupiter target.

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The promising outcomes position Jupiter as a significant rare earths discovery, with plans for a follow-up stage two resource definition drill program. The Brothers Project, strategically located in regional Western Australia, holds immense potential in proximity to existing infrastructure and major rare earths refineries.

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