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Astro Resources NL ( (AU:VMS) ) has shared an update.
Venari Minerals NL has announced the results of its September 2025 Reverse Circulation drilling campaign at the Needles Gold Project in Nevada, USA. The drilling results indicate the potential for a large-scale epithermal discovery, with anomalous zones of gold and silver identified, particularly at the Whopper Junior Prospect. Despite not achieving economic grades, the findings suggest deeper drilling could unlock significant potential, drawing parallels with the world-class Pajingo deposit in Queensland. The company is re-processing geophysical data to guide future exploration, with plans for further work in early 2026.
The most recent analyst rating on (AU:VMS) stock is a Sell with a A$0.05 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 is primarily engaged in the exploration of gold and silver deposits, with a significant market focus on large-scale epithermal systems, particularly in regions like Nevada, USA.
Average Trading Volume: 180,205
Technical Sentiment Signal: Sell
Current Market Cap: A$17.44M
Find detailed analytics on VMS stock on TipRanks’ Stock Analysis page.