The Directors of Venus Metals are pleased to announce that scout drilling of targets within the Poona lithium-tantalum project area in Western Australia has intersected anomalous lithium mineralisation in a number of drill holes. HIGHLIGHTS POONA DRILLING - Reconnaissance drilling at Poona has intersected lithium mineralisation from surface, - Target areas on the Poona Trend and at Poona East (Figure 3 in link below [...]
Venus Metals is pleased to announce strategic DeGrussa North Tenement pegged and Curara Well Holding extended. HIGHLIGHTS DOOLGUNNA REGION: - Venus Metals Corporation has expanded its tenement holdings in the Doolgunna region, - Venus has made applications for THREE new tenements at Doolgunna (see Figure 1 in the link below), - Venus has pegged a key strategic tenement IMMEDIATELY NORTH OF, AND ADJACENT TO, Sandfire [...]
The Directors of Venus Metals are pleased to announce recent field work shows previously unrecognised gossanous outcrop overlying the substantial IP anomaly generated during the recent geophysical survey conducted at North Dome. HIGHLIGHTS NORTH DOME ZINC-COPPER PROSPECT: - Field checking at North Dome zinc prospect shows gossanous and exhalite outcrop overlying the recently generated IP anomaly, - Historical mapping [...]
The Directors of Venus Metals are pleased to announce that the IP survey was completed by Vortex Geophysics at Pincher Well VMS - with outstanding survey results as interpreted by Core Geophysics. HIGHLIGHTS PINCHER WELL ZINC-COPPER PROSPECT: Preliminary geophysical surveying of the Pincher Well Volcanogenic Massive Sulphide Trend has been completed, An Induced Polarisation (IP) survey has identified significant shallow [...]
Venus Metals is pleased to announce that drilling commences at Curara Well Project Doolgunna. HIGHLIGHTS CURARA WELL PROJECT: - Drilling has commenced on the Curara Well Project at Doolgunna, located 10 km northeast of Sandfire Resources DeGrussa Copper Mine and 10km Southwest of Plutonic Gold Mine. - RC drilling will test a number of highly prospective geophysical targets delineated through 3D modelling of the [...]
Venus Metals is pleased to provide its Quarterly Report and Cash Flow Report for period ending 30 September 2016. Venus Metals's activities conducted during the quarter ending 30th September 2016 include: Poona Lithium Project: - A program of geological mapping & sampling has been completed over the project area and identified the extensive mineralised structural and stratigraphic Poona Lithium Trend (10 km strike [...]
Venus Metals is pleased to announce that Youanmi Project Drilling Commences at Inky South EM Target. HIGHLIGHTS INKY SOUTH COPPER PROSPECT: - Drilling has commenced at the Inky South copper prospect at Youanmi, - Inky South forms part of the extensive 'Manindi Trend' (Figure 2 in the link below), - Historical drill intercepts from the Inky prospect include: SYMD0006 6 metres @ 1.03% Copper & 6.6 gpt Silver from [...]
Venus Metals has commenced drilling over high-grade lithium targets at Poona Lithium Project. POONA LITHIUM-TANTALUM PROJECT - Drill testing of priority target areas has commenced at Poona (E 20/885) - Target areas include Poona Trend and Poona East both of which have returned a significant number of high-grade lithium assays in surface samples, - The Poona Trend is a lithium-rich trend approximately ten kilometres in [...]
The Directors of Venus Metals Corporation are pleased to announce that the Induced Polarisation survey was completed by Vortex Geophysics at Pincher Well Volcanogenic Massive Sulphide Trend - with outstanding survey results as interpreted by Core Geophysics. The Induced Polarisation survey has defined a chargeable zone that correlates well to the known mineralised envelope and substantial zone of previously [...]
The Directors of Venus Metals are pleased to announce that sampling within the Poona lithium-tantalum project area in Western Australia has returned highgrade lithium results and identified a new target area for drill testing. HIGHLIGHTS POONA - Reconnaissance mapping & sampling has identified a new prospect area at Poona East, to the north east of the main Poona Trend, which includes high-grade, pegmatite hosted [...]
The Directors of Venus Metals are pleased to announce that geophysical surveying, utilising induced polarisation, of the Pincher Well Volcanogenic Massive Sulphide Trend Trend has commenced. HIGHLIGHTS PINCHER WELL - The Pincher Well Volcanogenic Massive Sulphide Trend is located on granted Exploration Licences E 57/986 & 1019 in the Murchison Mineral Field, - Exploration at North Dome has previously outlined a [...]
Venus Metals is pleased to advise that it has successfully completed a bookbuild to raise up to A$1.2 million through a placement of up to 8 million shares at an issue price of 15 cents per share to a number of professional and sophisticated investors. The Placement will complete immediately after all the funds are received and cleared, which is expected to be on or about 29 September 2016. Commenting on the success of [...]