Venus Metals Corporation Limited Company Summary |
Venus Metals Corporation Limited (ASX:VMC) current projects consist of the Yalgoo Iron Ore Project which is located within the Murchison mid west region of Western Australia which is an emerging multi-billion dollar Chinese and Japanese iron ore investment province. The Yalgoo Project is subject to a formal farm-in agreement with HD Mining & Investment, a subsidiary of Shandong Provincial Bureau or Geology & Mineral Resources (SDGM) involving an $8m sole spend by HD Mining to earn a 50% interest in the Iron Ore Project. Once the joint venture is formed if Venus Metals elects not to contribute it will receive a 4.5% gross iron ore royalty from any production from the Yalgoo Iron Ore Project.
The company also has 3 super projects being Argyle North, Telfer North and Tropicana East projects. The focus of the super projects is for the discovery of world class deposits within concealed parts of the lower proterozoic orogenic belts which host the majority of Australia’s giant ore bodies including Argyle (diamonds), Telfer (gold), Olympic Dam (iron oxide copper gold), Broken Hill (base metals) and Mt Isa (base metals, IOCG).
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DIRECTORS / OFFICERS |
Terence Hogan - OAM, B.Ec. (UWA), FCPA, FCIS, ASIA Non-Executive Chairman Mr Terry Hogan has been engaged in the stockbroking industry for more than 45 years. He is a former Director of Hogan & Partners Stockbrokers Pty Ltd (“Hogan & Partners”) and past Chairman of the former Stock Exchange of Perth Limited. Mr Terry Hogan is a past Chairman and Director of various public companies and is currently Chairman of the Perth Diocesan Trustees and Anglican Community Fund Inc.
| Matthew Vernon Hogan - MAICD Managing Director Mr Matthew Hogan was formerly an Executive Director and Chief Executive Officer of United Minerals Corporation NL which was acquired by BHP Billiton for AUD$204 million in February 2010. Mr Hogan has had over 20 years experience in the stockbroking industry and was closely involved in bringing a number of Company listings to the ASX, the underwriting of Shareholder entitlement issues and corporate placements. Mr Matthew Hogan was a former Company Secretary of Iron Ore Holdings Ltd.
| Mr Selvakumar Arunachalam Director Mr Arunachalam has over 30 years’ experience in geology in India, New Zealand and Australia.
| Sergio Noto - CPA, ACIS Company Secretary Mr Noto has over 15 years experience in finance encompassing a number of roles including
Financial Controller, CFO and Company Secretary for various companies across different
industries, ASX listed and unlisted. He has a Bachelor of Commerce from Curtin University, is a CPA and has also completed a Graduate Diploma in Applied Corporate Governance (Chartered
Secretaries of Australia).
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COMPANY DATA |
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Headquarters |
Mezzanine Level, BGC Centre |
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28 The Esplanade, |
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Perth, Western Australia 6000 |
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Telephone |
+61-8-9321-7541 |
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Fax |
+61-8-9486-9587 |
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Principal Sector |
Materials |
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Principal Industry |
Mining & Metals |
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Homepage |
www.venusmetals.com.au |
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Key Developments: Venus Metals Corporation Limited
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Venus Metals Corporation Limited (ASX:VMC) Quarterly Activity and Cashflow Report JAN 27, 2012 12:54 - Article Views: 308 Venus Metals Corporation Limited's (ASX:VMC) exploration activities conducted during the quarter ending 31 December 2011 were mainly focused on soil sampling and assaying at Yalgoo Iron Ore Project, successful commissioning of the diamond processing plant at the Argyle Smoke Creek Alluvial Diamond Project and a reconnaissance drilling programme at Bassit Bore Prospect. |
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Venus Metals Corporation Limited (ASX:VMC) Successful Commissioning of the Diamond Sampling Plant at Argyle Smoke Creek Alluvial Diamond Project DEC 22, 2011 10:08 - Article Views: 450 Venus Metals Corporation Limited (ASX:VMC) are pleased to announce the successful commissioning of the Diamond Processing Plant at its Argyle Smoke Creek Alluvial Diamond Project. |
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Venus Metals Corporation Limited (ASX:VMC) Exploration To Target High Grade Gold-Platinum-Palladium-Silver-Copper Targets DEC 21, 2011 09:39 - Article Views: 459 Venus Metals Corporation Limited (ASX:VMC) is pleased to receive from the Department of Mines and Petroleum the grant of the Copper Hills tenement E 45/3541 of 221 sq km in the East Pilbara region of Western Australia. Venus was advised in 2010 that it had won the rights to the area following a ballot for the ground between 4 applicants. |
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Venus Metals Corporation Limited (ASX:VMC) RC Drilling Commences At Bassit Bore Gold Project DEC 12, 2011 14:32 - Article Views: 495 Venus Metals Corporation Limited (ASX:VMC) are pleased to announce RC drilling has commenced at the Company's Bassit Bore Project (refer ASX release 16th August 2011 option agreement signed to purchase the tenement) located in the Gascoyne Province of WA. |
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Venus Metals Corporation Limited (ASX:VMC) to Review Yalgoo Gold Project Assay Results Reported on 31 Oct 2011 NOV 3, 2011 09:19 - Article Views: 563 Venus Metals Corporation Limited (ASX:VMC) refer to the announcement to the Australian Securities Exchange (ASX) on 31 October 2011 whereby the Company announced the receipt of gold assays from one metre sampling of drill hole YGRC 156 and composite five metre sampling from four holes (YGRC 137, 140, 141 and 144) completed at the Yalgoo Gold Project. |
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Venus Metals Corporation Limited (ASX:VMC) Reports Significant New Gold Discovery at Yalgoo Gold Project OCT 31, 2011 09:32 - Article Views: 712 Venus Metals Corporation Limited (ASX:VMC) are pleased to announce the receipt of very significant gold assays from detailed sampling of drillhole YGRC 156 completed at the Yalgoo Gold Project, together with excellent results from selected composite sampling in four other holes. |
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Venus Metals Corporation Limited (ASX:VMC) Appoints Mr Patrick Tan as Chief Financial Officer and Company Secretary AUG 22, 2011 15:45 - Article Views: 1,107 Venus Metals Corporation Limited (ASX:VMC) is pleased to announce the appointment of Mr Patrick Tan as the Company's Chief Financial Officer and Company Secretary (Full-Time). The appointment will be effective 1st September 2011. |
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Venus Metals Corporation Limited (ASX:VMC) Announce Mt Phillips New Gold Discovery Up To 421 Grams Per Tonne Gold AUG 16, 2011 09:56 - Article Views: 675 Venus Metals Corporation Limited (ASX:VMC) are pleased to advise a New Gold discovery at Bassit Bore Prospect, (E09-1676) (3.13 km2) Mt Phillips ("Tenement"). The Company has signed an agreement with a prospector for an option to purchase the Tenement for a total consideration of A$155,000 (inclusive of the option fee) payable in 3 instalments over a two year period. A A$25,000 non-refundable option fee has been paid and the option is exercisable at any time up to 10th February 2012. |
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Venus Metals Corporation Limited (ASX:VMC) Appoints Mr Alan Birchmore as New Director AUG 8, 2011 12:01 - Article Views: 980 Venus Metals Corporation Limited (ASX:VMC) is pleased to announce the appointment of Mr Alan Birchmore as a Non-Executive Director of the Company effective 8th August 2011. |
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Venus Metals Corporation Limited (ASX:VMC) Appoints Mr Selvakumar Arunachalam as New Director JULY 15, 2011 17:38 - Article Views: 771 Venus Metals Corporation Limited (ASX:VMC) is pleased to announce the appointment of Mr Selvakumar (Kumar) Arunachalam MAusIMM M.Sc (Geology), M.Tech (Hydrogeology), PG Dip in Geothermal Tech (NZ), Dip in Science (GIS) (NZ) as a Director of the Company effective 15th July 2011. Mr Arunachalam is currently the General Manager - Operations and will continue in that position. |
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