Venture Minerals has appointed Tim Lindley as its non-executive chair, who will begin his new role on Monday.
Venture Minerals has appointed Tim Lindley as its non-executive chair, who will begin his new role on Monday.
Mr Lindley, who has over 25 years of experience as a director, has led and completed more than 100 capital raises for Australian resource companies - something which Venture director Philippa Leggat says could add value to the company's Jupiter rare earths project, located in Western Australia's Murchison region.
"Jupiter has the makings of an extraordinary asset, with its grade and scale demonstrated in recent drilling results," she said.
"It’s clear that investors agree – we should focus our attention to deliver on Jupiter’s potential.
“It’s this potential that has enabled Venture to attract a chair of Tim’s calibre. What a privilege to have someone of Tim’s credentials join our board, bringing the ability to leverage his institutional investor networks to advance Jupiter."
In January, Venture told the market it had concluded stage one resource drilling at the prospect, which in the past has produced positive assays.
Mr Lindley said the West Perth-based company is reaching an important juncture.
“I am excited to join Venture as chair, at this pivotal time when there is a clear opportunity to significantly advance the Jupiter rare earths project and create substantial shareholder value, with a vision to make the company one of the best rare earths and critical minerals companies in Australia," he said.
"I will be laser-focused on Venture delivering the highest standards of reliability and responsible mining.”
As of 11.03am WST, Venture was trading at 2 cents per share.
