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Venus Metals Corporation Limited ( (AU:VMC) ) has provided an announcement.
Venus Metals Corporation Limited has commenced metallurgical testwork on zinc mineralization at its Youanmi Base Metals Project, following promising results from recent diamond drilling. The project aims to define a large, shallow, open-pittable zinc resource within the Pincher area, with the testwork focusing on optimizing zinc recovery and producing high-grade zinc concentrate. This development could enhance Venus Metals’ positioning in the base metals industry and provide valuable insights for future exploration and resource development.
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 in Rox Resources Limited.
Average Trading Volume: 161,800
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26.48M
Learn more about VMC stock on TipRanks’ Stock Analysis page.