Venus Metals Corporation Ltd. is pleased to announce the commencement of a high-resolution helicopter-borne electromagnetic survey using NRG's Xcite Airborne Electromagnetic System over the southeast of its 100% owned Greenbushes Volcanogenic Massive Sulphide Base Metals Project, Western Australia . The HEM Xcite survey will be flown by New [...]
The Directors of Venus Metals Corporation Ltd. are pleased to announce a major breakthrough in regard to the Youanmi Vanadium Project following receipt of proof-of-concept metallurgical test work on oxide ores. Highlights: - Unique oxide vanadium ores identified at Youanmi. - The test work confirms strong recovery into solution of V2O5 by simple [...]
Venus Metals Corporation Ltd. has entered into a convertible loan agreement dated 3 September 2018 with Bazco Pty Ltd , an entity controlled by Mr Barry Fehlberg, an Executive Director of the Company, pursuant to which Bazco will advance A$400,000 to the Company . Further details of the Convertible Loan are set out below. Matthew Hogan, the [...]
Venus Metals Corporation Ltd. is pleased to announce an update on the preliminary metallurgical testwork on historical diamond drill core samples from the Youanmi Vanadium JORC 2012 Resource located at Youanmi, Western Australia. Highlights: - LIMS results correlated extremely well with the DTR results - Recovery of vanadium up to 92.8% in the [...]
The Directors of Venus Metals Corporation Ltd. are pleased to announce that they have entered into an Option Agreement with Lepidico Ltd. on terms under which Lepidico is to explore for lithium mineralisation in Lepidolite bearing pegmatites on exploration licence E57/983 located in the Murchison District in Western Australia, approximately 20 km [...]
The Directors of Venus Metals Corporation Ltd. are pleased to announce the results of preliminary metallurgical testwork on eleven historical diamond drill core samples from the Youanmi Vanadium Project, Western Australia. This testwork was carried out on two composites; oxide and fresh to assess the response of these materials to conventional [...]
Venus Metals Corporation provides the Company's latest presentation titled "The Historic Youanmi Gold Mine". THE YOUANMI GOLD MINE - Youanmi is one of the last big WA gold mines to be re-examined for production under today's high gold prices of AUD$1,700/oz. - The Youanmi Gold Mine closed in 1995 with gold prices at AUD$450/oz after producing over [...]
A reconnaissance RAB drilling program has commenced at the Currans Well Prospect that is part of the Youanmi Cobalt-Nickel Project in the Youanmi greenstone belt, Western Australia. - Stage 1 drilling targets shallow cobalt-nickel mineralisation in weathered mafic-ultramafic rocks at Currans Well where historic drilling has shown thick [...]
Perth, Australia (ABN Newswire) - Venus Metals Corporation Ltd. (ASX:VMC) provides the Company's Quarterly Report and Cash Flow Report for the period ending 30 September 2017. Venus Metals Corporation Ltd.'s activities conducted during the quarter ending 30th September 2017 include Youanmi Gold Project: - Exploration targeting identified five [...]
Perth, Australia (ABN Newswire) - Venus Metals (ASX:VMC) announces the following addendum to the previous ASX announcement "Giant Pegmatite identified within Poona East Project...." on 11 October 2017. The target area was initially delineated from GSWA 100k map and subsequently a quick reconnaissance field visit was made in 2016. Recently a [...]
Perth, Australia (ABN Newswire) - Venus Metals Corporation Ltd. (ASX:VMC) provides the Prospectus Options Offer to Shareholders. For the offer of up to 25,588,231 New Options exercisable at $0.20 each on or before 30 November 2019 at an issue price of $0.02 per New Option on the basis of 1 New Option for every 3 fully paid ordinary Shares to raise [...]
Venus Metals is pleased to advise that the Company intends to undertake a pro-rata non-renounceable entitlement offer of listed options over fully paid ordinary shares on the basis of 1 new Option for every three fully paid ordinary shares held to raise up to approximately $512,000. Funds raised under the Entitlement Offer will be used for: a [...]