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Astro Resources NL ( (AU:VMS) ) just unveiled an update.
Venari Minerals NL has announced exceptional results from its October drilling campaign at the Red Mountain Project, with drill-hole RMRC013 revealing the highest-grade lithium intersection to date. This discovery strengthens the high-grade core in the Northern Area of the deposit, potentially enhancing the project’s value. The company anticipates further assay results soon, which will contribute to a maiden Mineral Resource Estimate in early 2026, amid improving market conditions for lithium.
The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Astro Resources NL stock, see the AU:VMS Stock Forecast page.
More about Astro Resources NL
Venari Minerals NL is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company’s primary product is lithium, with a significant market focus on the Red Mountain Project in Nevada, USA.
Average Trading Volume: 197,516
Technical Sentiment Signal: Sell
Current Market Cap: A$17.44M
See more data about VMS stock on TipRanks’ Stock Analysis page.