Venus Metals Uses CSIRO Hyperspectral Study to Open New Targets at Bellchambers Gold Project

The latest announcement is out from Venus Metals Corporation Limited ( (AU:VMC) ).

Venus Metals Corporation has released an updated announcement on its Sandstone Bellchambers Gold Project, incorporating required JORC Code disclosures and new technical data from a detailed mineralogical and hyperspectral study carried out by Australia’s national science agency, CSIRO, under the CSIRO Kickstart program. The study integrated satellite hyperspectral imagery, drill-core scanning and surface spectral measurements to map alteration mineralogy linked to gold mineralisation, identifying Fe-rich chlorite as a key indicator and revealing multiple hyperspectral anomalies in previously undrilled areas across the Bellchambers–Range View corridor. By distinguishing in-situ from transported regolith and refining the understanding of the vertical weathering profile, the work provides Venus with a more precise targeting framework for future exploration, potentially enhancing drill efficiency and improving the project’s exploration upside for investors and other stakeholders.

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 mineral exploration company with a diversified 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 leveraged participant in several key resource developments across the region.

Average Trading Volume: 1,028,038

Technical Sentiment Signal: Buy

Current Market Cap: A$41.49M

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