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Venari Minerals Completes Drilling at Needles Gold-Silver Project and Begins Red Mountain Lithium Exploration

Story Highlights
  • Venari Minerals completed drilling at Needles Gold-Silver Project, with assays expected soon.
  • Drilling at Red Mountain Lithium Project aims for a resource estimate by end of 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Venari Minerals Completes Drilling at Needles Gold-Silver Project and Begins Red Mountain Lithium Exploration

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The latest update is out from Astro Resources NL ( (AU:ASE) ).

Venari Minerals NL has completed a high-impact drilling program at its Needles Gold-Silver Project in Nevada, targeting vein-style mineralization across several prospects. Encouraging signs of quartz veining and oxidation were observed, and samples have been sent for assay with results expected by the end of October. Concurrently, the company has commenced drilling at the Red Mountain Lithium Project, aiming to establish a maiden Mineral Resource Estimate by the end of 2025. This strategic move underscores Venari’s commitment to expanding its resource base and enhancing its market position in the mining sector.

More about Astro Resources NL

Venari Minerals NL, formerly known as Astute Metals NL, operates in the mining industry with a focus on exploring and developing mineral resources. The company is primarily involved in the extraction of gold, silver, and lithium, with significant projects located in Nevada, USA.

Average Trading Volume: 2,055,185

Technical Sentiment Signal: Sell

Current Market Cap: A$18.71M

See more data about ASE stock on TipRanks’ Stock Analysis page.

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