Venari Minerals Advances Red Mountain Lithium Project Toward Maiden Resource.
Venari Minerals NL (ASX: VMS) reported strong progress during the December 2025 quarter, highlighted by the successful completion of reverse circulation drilling at its Red Mountain Lithium Project in Nevada. Thirteen drill holes totaling 2,679 metres delivered extensive lithium mineralisation, with multiple long, consistent intercepts confirming scale and continuity. Final assay results from most holes support the preparation of a maiden JORC Inferred Mineral Resource, expected in early Q1 2026. Metallurgical attrition scrubbing test-work materially upgraded lithium grades while significantly reducing waste and calcite, strengthening the project’s processing outlook. The identification of hectorite as the sole lithium-bearing mineral further simplifies beneficiation pathways. Strategic de-risking continued with the securing of nearby water rights through a binding option agreement, a key development for future mine planning in Nevada’s arid environment. In parallel, early-stage drilling and soil geochemistry at the Needles Gold Project outlined untested epithermal targets, supporting longer-term exploration upside.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Venari Minerals Advances Red Mountain Lithium Project Toward Maiden Resource.
Venari Minerals NL (ASX: VMS) reported strong progress during the December 2025 quarter, highlighted by the successful completion of reverse circulation drilling at its Red Mountain Lithium Project in Nevada. Thirteen drill holes totaling 2,679 metres delivered extensive lithium mineralisation, with multiple long, consistent intercepts confirming scale and continuity. Final assay results from most holes support the preparation of a maiden JORC Inferred Mineral Resource, expected in early Q1 2026. Metallurgical attrition scrubbing test-work materially upgraded lithium grades while significantly reducing waste and calcite, strengthening the project’s processing outlook. The identification of hectorite as the sole lithium-bearing mineral further simplifies beneficiation pathways. Strategic de-risking continued with the securing of nearby water rights through a binding option agreement, a key development for future mine planning in Nevada’s arid environment. In parallel, early-stage drilling and soil geochemistry at the Needles Gold Project outlined untested epithermal targets, supporting longer-term exploration upside.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au