Venus Metals Begins Drilling at Sandstone Gold Project

Venus Metals Corporation Limited ( (AU:VMC) ) has provided an update.

Venus Metals Corporation Limited has initiated a reverse circulation (RC) drilling program at its Sandstone Gold Project, specifically targeting the Bellchambers deposit. This program aims to upgrade the mineral resource classification from indicated to measured, explore potential extensions, and identify new opportunities to expand the gold resource. The drilling is expected to take two weeks, with assay results anticipated in the following month, which will inform an updated resource estimate and further metallurgical testing. This initiative signifies Venus Metals’ strategic efforts to advance the project towards potential mining and treatment, enhancing its positioning in the gold exploration sector.

More about Venus Metals Corporation Limited

Venus Metals Corporation Limited is an Australian company with a diverse portfolio of exploration projects in 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 substantial shareholder of Rox Resources Limited.

YTD Price Performance: 50.0%

Average Trading Volume: 175,433

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$20.59M

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