Venture Minerals Limited announced that Venture has significantly expanded its Ni-Cu-PGE portfolio through the recent acquisition of highly prospective tenure at the Company's Kulin Project. The acquisition sees the Company effectively double its Ni-Cu-PGE portfolio, which already includes the South West Ni-Cu-PGE Project, currently joint ventured with Chalice Mining. Within, the acquired tenure, Venture has secured two highly prospective 20 kilometre long interpreted mafic-ultramafic intrusive complexes sitting along strike of the Jimperding Metamorphic belt which hosts Chalice's Julimar Ni-Cu-PGE discovery. The southern 20km long Ni-Cu-PGE target is defined by aeromagnetic anomalies and coincidental +500ppm chromium surface samples, combined with several reconnaissance surface samples assaying over 30ppb Pt + Pd (peak of 60ppb Pt + Pd), is now considered a priority target for the Company. In the southern part of the new tenure containing the priority Ni-Cu-PGE target, Venture can earn up to 100% in E70/5084 which already contains highly significant shallow (<25 metre deep) drill intersections from a historic four hole reconnaissance drilling program with assays up to 0.11 g/t Pt, 0.13g/t Pd, 0.14% nickel, 0.02% cobalt & 0.12g/t gold. In addition to the acquisition, Venture has also applied for another 121km 2 of exploration tenure (E70/5779 & E70/5801) at Kulin bringing the total project area to 606km2 of highly prospective Ni-Cu-PGE tenure. This new application at the northern end of the project contains the second 20km long Ni-Cu-PGE target which is also defined by aeromagnetic anomalies and coincidental +500ppm chromium surface samples from reconnaissance programs by previous explorers. The Company is planning to do a follow-up surface sampling program shortly. Venture will now look to complete a detailed work program focused on the high priority, southern Ni-Cu-PGE target. The program will include surface sampling, and an airborne electromagnetic (EM) survey targeting the entire 20 kilometre long interpreted mafic-ultramafic intrusive complex, the outcomes of which may lead to drill testing in the future. A third mafic-ultramafic intrusive complex (10 kms long) has been interpreted in the northern end of the project mostly within Venture's original tenement (E70/5077) and likewise is defined by aeromagnetic anomalies and coincidental +500ppm chromium surface samples. Again, further follow-up surface sampling is required. In addition to the new Ni-Cu-PGE targets acquired at Kulin, the Company has also recently completed a maiden drill program, at Kulin, which has delivered a substantial gold intersection with mineralised intervals of up to 18 metres @ 0.6 g/t Au in KLD001 from 329 m including higher grade zones of 9 m @ 1.2 g/t Au from 338m and 3 m @ 3.4g/t Au from 341m. Results from this reconnaissance style drilling at Kulin intersecting gold approximately 250 metres vertically below the surface at such an early stage of exploration for the project, where earlier soil sampling and trenching all at surface, had respectively delivered high order gold in soil anomalies and substantial mineralised intervals of up to 31 metres at 1.0g/t Au from KUT02 and 20 metres @ 0.6g/t Au from KUT04, all bodes well for future follow-up drill campaigns. The significance of the results from the maiden drill program cannot be underestimated as these holes are the only meaningful (in terms of depth) drill holes within a 40km radius of the Kulin project within an emerging Western Australian Gold Province, already host to major gold deposits such as Boddington >30 Mozs1, Edna May 2.2 Mozs3, Katanning 1.2Mozs4 and Tampia 0.7Mozs5. Under the earn-in agreement with Exactical Pty Ltd. for E70/5084, Venture may earn: A 51% JV interest in the Project by spending $250,000 within two years, including a minimum of $125,000 in the first year. An 80% JV interest in the Project by spending a further $500,000 over the following two years after paying the Vendor $10,000 cash. Venture will then free-carry the Vendor's 20% interest up to the completion of a Bankable Feasibility Study after paying the Vendor $20,000 cash. Upon completion of the Bankable Feasibility Study the Vendor can elect to contribute or dilute. If the Vendor's interest in the Project dilutes to below 5%, the Vendor's interest will convert to a royalty equivalent to 2% of the net smelter return. Venture may withdraw at any time after meeting the minimum expenditure commitment. All other terms are consistent with an industry standard joint venture arrangement. The current Golden Grove North drill program has been put on hold after 6 diamond core holes were completed for 1907 metres and 5 drill holes were surveyed using downhole electromagnetic ("DHEM") techniques. The company is currently awaiting final results from the DHEM survey and assay results from the diamond drill core that has been completely geologically logged and sampled.