VMS 0.00% 1.8¢ venture minerals limited

Ann: Annual Report to shareholders, page-20

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    RDT recently acquired the Mt Ida Gold Project from OBM for $11m. Just a few days after settlement of the deal RDT announced lithium in historic drill results of the gold project.

    VMS holds 2 prospecting leases P29/1076 & P29/1077, which adjoin the lower edge of the Mt Ida ground. It may be worth the effort for management to get a few rock chips on the leases just to see if maybe the lithium ventures into our ground (bad pun intended).

    Below is a couple of screen shots sent to me by someone who holds shares in a few companies in the area, including VMS.

    The first is part of the RDT lithium announcement from earlier this week that saw their shares rocket and the second shot is of the Mt Ida project with lithium occurences identified from a handful of samples. Me mate has superimposed VMS's tenements onto the map. They are the small cross-hatched areas at the lower side. Yeah, nothing spectacular but may prove to have some value in the future.


    https://hotcopper.com.au/data/attachments/3642/3642559-b57e7ae3379bc93ab0e27cff3b7597fb.jpg



    https://hotcopper.com.au/data/attachments/3642/3642562-01a56ac765d5a4500718d4612d9c9bfa.jpg
 
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