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An update from Venus Metals Corporation Limited ( (AU:VMC) ) is now available.
Venus Metals Corporation has reported that joint venture partner IGO has secured ministerial approval to conduct low-impact exploration activities within State Forest areas of the Bridgetown-Greenbushes project tenements, enabling a substantial soil and lag sampling program and geological mapping to proceed. The work, targeting lithium and associated pathfinder elements across key anomalies including the large Ti Tree Li-Ta-Nb-Cs zone and nearby prospects at Cowslip, Greenbushes East and Flying Duck, is scheduled to be completed in the 2026 financial year, with full results expected by its fourth quarter; IGO is also considering low-impact auger or vacuum drilling at Ti Tree, indicating a systematic push to advance lithium exploration that could materially influence the project’s future development and Venus Metals’ exposure to the lithium sector.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.22 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
More about Venus Metals Corporation Limited
Venus Metals Corporation Limited is an Australian exploration company with a wide-ranging portfolio of gold, copper, base metals, lithium, titanium and vanadium projects in Western Australia. The company also holds a 1% royalty over the Youanmi Gold Mine and is a significant shareholder in Rox Resources Limited, positioning it as a diversified player in the region’s resources sector.
Average Trading Volume: 729,009
Technical Sentiment Signal: Buy
Current Market Cap: A$41.49M
See more data about VMC stock on TipRanks’ Stock Analysis page.