Venus Metals Corporation is pleased to advise that it has received applications and commitments for a private placement of 4,000,000 shares at A$0.25 per share to raise A$1,000,000 before costs. The Placement will complete immediately after all the funds are received and cleared. The placement of shares will be undertaken utilising the Company's 15% capacity under ASX Listing Rule 7.1. Accordingly, the Placement will be [...]
Lithium Australia and Venus Metals Corporation have executed a Memorandum of Understanding (MoU) to initially test the commercial lithium potential of Venus' holdings in the Pilbara region of Western Australia. HIGHLIGHTS: - MoU to evaluate Pilbara's potential to produce battery grade lithium carbonate and hydroxide - Focus on proving up commercial feedstock volumes and technologies sufficient for an initial local [...]
The Directors of Venus Metals are pleased to announce that the Company has applied for two strategic tenements in the world-class Greenbushes lithium province. The Greenbushes mine, in the Southwest Mineral Province of Western Australia, is one of the world's largest producers of 'hard-rock' lithium and tantalum; Venus Metals tenements lie to the east of the mine and abut Talison's mining leases (Figures 1 & 2 in link [...]
Venus Metals activities conducted during the quarter ending 31 December 2015 include: - Strategic Lithium-Tantalum Projects in WA: The Company applied for exploration licence applications over four strategic lithium-tantalum project areas in Western Australia, the Pilgangoora Northeast and Stannum projects in the Pilbara, the Nardoo project in the Capricorn and the Poona Project in the Murchison of Western Australia. The [...]
The Directors of Venus Metals are pleased to announce that the Company has extended its tenement holdings in the Pilgangoora region, a recognised 'lithium hot spot', having made an additional exploration licence application. The Pilgangoora Northeast Lithium-Tantalum project is located in the Pilbara region of WA, along strike from and northeast of [Pilbara Minerals's developing Pilgangoora Lithium-Tantalum project [...]
Venus Metals announces that significant Doolgunna Region Red Bore Style Breccia Pipe Targets have been identified. HIGHLIGHTS - 'Red Bore' style breccia pipe targets identified in geophysical data at Venus's Curara Well. - Curara Well lies approximately 10 km to the northeast of Sandfire's Degrussa copper mine and Thundelarra's (THX) Red Bore copper massive sulphide breccia pipe discovery. - Thundelarra's Red Bore [...]
The Directors of Venus Metals are pleased to announce that it has been awarded two grants totalling $350,000 for drilling at Radi Hills ($200,000) and Citadel ($150,000) projects under WA Government Exploration Incentive Scheme Co-funded Exploration Drilling Programme. Venus will be required to match the $350,000 funding grant on a dollar-for-dollar basis on direct drilling costs. The Department of Mines and Petroleum [...]
The Directors of Venus Metals are pleased to report that processing of diamondiferous gravels at the Argyle Smoke Creek Alluvial Diamond project has commenced for economic evaluation. Venus' Argyle Smoke Creek Alluvial Diamond Project lies adjacent to the Argyle diamond mine. The Smoke Creek Alluvial Diamond Project has a JORC Inferred Diamond Resource of 6,000,000 carats. After economic and resource confidence [...]
Venus Metals exploration activities conducted during the quarter ending 31 March 2012 includes soil sampling and assaying at Yalgoo Iron Ore Project, assaying of RC chip and soil samples at Bassit Bore Prospect, reconnaissance RAB drilling programme at Yarloo Well and preparation for processing diamondiferous alluvial gravels at Smoke Creek.
Sydney, Australia (ABN Newswire) - Venus Metals Corporation Limited's (ASX:VMC) exploration activities conducted during the quarter ending 31 December 2011 were mainly focused on soil sampling and assaying at Yalgoo Iron Ore Project, successful commissioning of the diamond processing plant at the Argyle Smoke Creek Alluvial Diamond Project and a reconnaissance drilling programme at Bassit Bore Prospect [...]
Perth, Australia (ABN Newswire) - Venus Metals Corporation Limited (ASX:VMC) are pleased to announce the successful commissioning of the Diamond Processing Plant at its Argyle Smoke Creek Alluvial Diamond Project.
Perth, Australia (ABN Newswire) - Venus Metals Corporation Limited (ASX:VMC) is pleased to receive from the Department of Mines and Petroleum the grant of the Copper Hills tenement E 45/3541 of 221 sq km in the East Pilbara region of Western Australia. Venus was advised in 2010 that it had won the rights to the area following a ballot for the ground between 4 applicants.
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