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Venus Metals Corporation Limited ( (AU:VMC) ) just unveiled an announcement.
Venus Metals Corporation has defined a JORC 2012-compliant Exploration Target for its Pincher Well zinc–indium mineralisation within the Youanmi Base Metals Project, located along the Pincher Dome VMS Trend about 15 km southwest of the Youanmi Gold Mine. Based on historic and recent drilling over a more than 5 km strike length hosting multiple zinc and copper prospects, the target is estimated at 8–12 million tonnes grading 1.80–2.20% zinc and 7–9 g/t indium at a 1% zinc cutoff, highlighting the potential for a substantial base metals resource in an infrastructure-supported region and reinforcing Venus’s position in Western Australia’s emerging polymetallic exploration space.
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 broad portfolio of gold, copper, base metals, lithium, titanium and vanadium projects across 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 strategically within the Youanmi mining district and the broader battery and base metals sector.
Average Trading Volume: 710,758
Technical Sentiment Signal: Buy
Current Market Cap: A$42.48M
For an in-depth examination of VMC stock, go to TipRanks’ Overview page.