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Venus Metals Advances Exploration Projects with New Drilling and Research Initiatives

Story Highlights
  • Venus Metals made significant progress in its Sandstone Gold Project, securing a mining lease.
  • The company completed a diamond drilling program at the Youanmi Base Metals Project, with assays pending.
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Venus Metals Advances Exploration Projects with New Drilling and Research Initiatives

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An update from Venus Metals Corporation Limited ( (AU:VMC) ) is now available.

Venus Metals Corporation Limited reported significant progress in its Sandstone (Bellchambers) Gold Project with the completion of 17 RC holes and the granting of a mining lease for the Bellchambers deposit. The company also initiated a collaborative research project with CSIRO to enhance exploration techniques. Additionally, a diamond drilling program was completed at the Youanmi Base Metals Project, with assays pending, indicating ongoing efforts to expand their resource base.

More about Venus Metals Corporation Limited

Venus Metals Corporation Limited is involved in the exploration of a diverse portfolio of minerals including gold, copper, base metals, lithium, titanium, and vanadium in Western Australia. The company also holds a 1% royalty over the Youanmi Gold Mine and is a significant shareholder of Rox Resources Limited.

Average Trading Volume: 227,763

Technical Sentiment Signal: Buy

Current Market Cap: A$21.57M

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

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