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An update from Astro Resources NL ( (AU:VMS) ) is now available.
Venari Minerals NL has reported promising assay results from its Red Mountain Lithium Project in Nevada, indicating high-grade lithium mineralization in the northern area. The results from the October 2025 drilling campaign, particularly from drill-holes RMRC014 and RMRC015, show significant lithium concentrations, reinforcing confidence in the project’s potential. These findings are crucial as they contribute to the forthcoming maiden Mineral Resource Estimate, marking a significant milestone for the company. The final assay results are expected soon, which will allow the company to advance its resource estimation efforts.
The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.11 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 lithium resources. The company is engaged in projects such as the Red Mountain Lithium Project in Nevada, USA, which is aimed at tapping into the growing demand for lithium, a critical component in battery technology.
Average Trading Volume: 195,977
Technical Sentiment Signal: Sell
Current Market Cap: A$16.91M
For a thorough assessment of VMS stock, go to TipRanks’ Stock Analysis page.