Preliminary Work by Venus in 2016 discovered a hand specimen of tantalite within a previously un-prospected drainage system ten kilometers north of Coodardy Station within recently granted Poona East tenement E20/896 (granted on 9 October 2017). - Follow up mapping has identified a giant outcropping pegmatite body as a likely source for the tantalite. - This pegmatite, now known as the Jackson's Reward Pegmatite [...]
During 2016-17, Venus Metals arried out exploration works on its diverse portfolio of projects focusing mainly on base metals, cobalt, gold and lithium. The exploration activities are summarised below: Youanmi Pincher Well- Zinc-Copper Project - Induced Polarisation ("IP") surveys (Phase 1 and Phase 2) were carried out at the Pincher Well North Dome area and southern extensions of North Dome area respectively [...]
Venus Metals is pleased to advise that it has received applications and commitments for a private placement of up to 6,800,000 shares at A$0.10 per Share to raise up to A$680,000 before costs to qualified professional and sophisticated investors. The Placement is expected to complete immediately after all the funds are received and cleared. The Placement will be undertaken utilising the Company's 15% placement capacity [...]
Venus Metals Corporation is pleased to announce that a historical data review and target generation program has identified three highly prospective gold targets within VMC Youanmi tenements E57/986, E57/1019 and E57/985. HIGHLIGHTS - Venus Metals Corporation controls 26km of highly prospective gold stratigraphy along the highly mineralised Youanmi Shear Zone, on the Youanmi Greenstone Belt in Western Australia [...]
Venus Metals Corporation announces that Pincher Well Zinc-Copper Prospect phase 2 RC drilling commences on strong IP anomalies to the south of high grade zinc mineralisation. HIGHLIGHTS - Phase 2 RC Drilling has commenced along two southern survey lines to test the recently discovered high chargeability IP anomalies at the Pincher Well Zinc-Copper Prospect (E57/1019) 600km north-northeast of Perth and 15km southwest of [...]
Venus Metals Corporation provides the Company's Quarterly Report and Cash Flow Report for the period ending 30 June, 2017. Venus Metals's activities conducted during the quarter ending 30th June 2017 include Pincher Well (Youanmi) Zinc-Copper Project: The 2nd phase of IP surveying has confirmed the shallow 'up-dip' southern extensions of the North Dome high-grade zinc mineralisation. The chargeability recorded in recent [...]
Venus Metals is pleased to provide an update on WA Lithium Projects at Pilgangoora and Greenbushes. Pilbara Projects - Recent interpretation of regional geophysical data (aeromagnetic & radiometric) over Pilgangoora East and Wodgina South has identified a number of potassic-rich, pegmatite target areas. - A significant potassic-rich trend, identified from radiometric data covering Pilgangoora East (E45/4630), has an [...]
The Directors of Venus Metals are pleased to announce that the diamond core drilling has commenced at the Curara Well Gold-Diamond-Base Metals Project. The project is located 10 km northeast of Sandfire Resources DeGrussa Copper Mine and 10 km southwest of Plutonic Gold Mine in the Doolgunna Region. This extensional drilling program is co-funded through the WA Governments Exploration Incentive Scheme. Summary [...]
The Directors of Venus Metals are pleased to announce that the phase 2 Induced Polarisation ('IP') survey was completed by Vortex Geophysics at Pincher Well Volcanogenic Massive Sulphide Trend with excellent survey results as interpreted by Core Geophysics. PINCHER WELL ZINC-COPPER PROSPECT: - The 2nd phase of IP surveying has confirmed the shallow 'up-dip' southern extensions of the North Dome high-grade zinc [...]
Venus Metals Corporation are pleased to announce the Induced Polarisation (IP) Survey has commenced, identifying high-grade zinc mineralization across two highly prospective areas. HIGHLIGHTS - Induced Polarisation (IP) has proven to be an effective geophysical tool at Pincher Well in identifying high-grade Zinc mineralisation. - IP surveys have commenced in two highly prospective areas: A) Southern extensions of [...]
Venus Metals Corporation continues its evaluation of the Youanmi Project in the Murchison Mineral Field of Western Australia. HIGHLIGHTS - Analysis of drilling data at Currans Well has revealed thick intersections of cobalt mineralisation in drill holes, - Intercepts include: CWRC025 16m @ 869 ppm (0.09%) Cobalt from 16 metres Including 4m @ 1483 ppm (0.15%) Cobalt MYOV151 2.13 m@ 980 ppm (0.10%) Cobalt from 0.3 [...]
Venus Metals is pleased to advise that the Board has resolved, subject to receipt of shareholder approval, to offer up to 31,449,491 listed options exercisable at $0.20 each on or before 30 November 2019 at an issue price of $0.005 per option (New Options) on the basis of 1 New Option for every 1 listed Option which expired on 30 November 2016 (Expired Options) to raise up to approximately $157,247 before expenses [...]
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