Heavy rare earths are steadily becoming more sought after due to their use in clean and green technologies such as wind turbines, electric vehicles and even in mobile phones and crucial medical equipment.

Stockhead’s Sarah Hughan sits down with Venture Minerals (ASX:VMS) managing director Andrew Radonjic to get the 101 on the company’s latest works as it searches for clay-hosted rare earths at its Brothers project west of Mount Magnet in Western Australia.

In August, Venture confirmed a significant clay-hosted REE discovery at Brothers with assays such as 45m @ 1,455ppm TREO from 70m to end of hole, including 15m @ 2,105ppm TREO from 80m.

Several intersections from the maiden drilling program delineated 15m @ +2,000ppm TREO. At the time of writing, the company was looking to get back on the ground at Brothers “as soon as possible”.

Radonjic tells Stockhead TV clay-hosted REE deposits are “easier to process” than their hard rock counterparts.

“They’re often closer to surface, therefore easier to mine and they usually have a higher percentage of the magnet rare earths – the heavy rare earths…I think that’s a huge advantage over the hard rock, much more complicated processing methodology” he says.

Tune in to heart Venture Minerals’ Andrew Radonjic on clay-hosted REE deposits, next steps at Brothers and the company’s view on the encouraging infrastructure already surrounding the project.

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