Venture Minerals initiates Stage Two Resource definition drill program at Jupiter

Venture Minerals Limited (ASX: $VMS) has commenced the Stage Two Resource definition drill program at the Jupiter Rare Earths prospect in Western Australia. The 300 drillhole program aims to bring the drill density to a 500m X 250m spacing, providing essential data for a Maiden Resource estimate at Jupiter.

Executive Commentary on Jupiter Rare Earths Prospect

With the recent record drill results, Venture's Managing Director expressed commitment to the extensive 300 drillhole Stage Two program to accelerate towards delivering the much-anticipated Maiden Resource. The highlights to date demonstrate that Jupiter is emerging as a Major, Rare Earths discovery in Western Australia, located between Lynas's existing plant and lluka's planned Rare Earth processing facilities. Shareholders can expect plenty of news flow in the following weeks with assays from the final batch of the Stage One program due shortly and assays from the several batches of samples that will be submitted over the course of this current drill program.

Summary of Jupiter Rare Earths Prospect Development

Venture Minerals has initiated the Stage Two Resource definition drill program at the large-scale Jupiter Rare Earths prospect in Western Australia. The program aims to bring the drill density to a 500m X 250m spacing, providing essential data for a Maiden Resource estimate at Jupiter. The company's Managing Director highlighted the significance of the recent drill results, positioning Jupiter as a major Rare Earths discovery in Western Australia. The project's strategic location between existing and planned Rare Earth processing facilities of major mining companies, Lynas and lluka, provides Venture Minerals with significant commercial advantages. The company's substantial co-investment with the Australian Government into the Rare Earths industry within the region further strengthens its position. As the program progresses, shareholders can anticipate a continuous flow of news and updates regarding the project's development and milestones.