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