Venus Metals Corporation Limited (ASX:VMC) is pleased to advise that it has received applications and commitments for a private placement of up to 6,800,000 shares at A$0.10 per Share to raise up to A$680,000 before costs to qualified professional and sophisticated investors. The Placement is expected to complete immediately after all the funds are received and cleared.
Venus Metals Corporation Limited
Venus Metals Corporation Limited (ASX:VMC) holds a significant and wide ranging portfolio of Australian base and precious metals exploration projects comprising lithium, cobalt, vanadium, copper, zinc, nickel, gold and platinum group of elements.
Key project areas in Western Australia include:
- Pincher Well Zinc-Copper Project (Youanmi): Over 5 km of under explored VMS trend with an Exploration Target of 15-20 Million Tonnes@ 2-8% Zinc,which also hosts a number of high grade lodes (>10% Zinc).
- Currans Well Cobalt-Nickel-Copper Project (Youanmi): Significant Cobalt mineralisation up to 1483 ppm Co in historical drilling. Extensive Lateritic Duricrust Co-Ni target areas identified.
- Curara Well Nickel-Copper-Gold Project (Doolgunna):10 km northeast of Sandfire Resources DeGrussa Copper Mine. Wide intercepts of disseminated Nickel Sulphides (Millerites) in Ultramafics.
- Southern Cross Vanadium Project (Youanmi): JORC 2012 Inferred Vanadium Mineral Resource of 167.7 Millions Tonnes @ 0.41% V2O5, 7.52% TiO2.
- Strategic Lithium-Tantalum Projects in WA.
Venus Metals Corporation Limited (ASX:VMC) is pleased to announce that a historical data review and target generation program has identified three highly prospective gold targets within VMC Youanmi tenements E57/986, E57/1019 and E57/985.
Venus Metals Corporation Limited (ASX:VMC) Pincher Well Zinc RC Drilling Commences on Strong Anomalies
Venus Metals Corporation Limited (ASX:VMC) announces that Pincher Well Zinc-Copper Prospect phase 2 RC drilling commences on strong IP anomalies to the south of high grade zinc mineralisation.
Venus Metals Corporation Limited (ASX:VMC) provides the Company's Quarterly Report and Cash Flow Report for the period ending 30 June, 2017.
Venus Metals Corporation Limited (ASX:VMC) is pleased to provide an update on WA Lithium Projects at Pilgangoora and Greenbushes.
Venus Metals Corporation Limited (ASX:VMC) are pleased to announce that the diamond core drilling has commenced at the Curara Well Gold-Diamond-Base Metals Project. The project is located 10 km northeast of Sandfire Resources (ASX:SFR) DeGrussa Copper Mine and 10 km southwest of Plutonic Gold Mine in the Doolgunna Region.
Venus Metals Corporation Limited (ASX:VMC) Pincher Well Zn Project IP Survey Defines Strong Anomalies
The Directors of Venus Metals Corporation Limited (ASX:VMC) are pleased to announce that the phase 2 Induced Polarisation survey was completed by Vortex Geophysics at Pincher Well Volcanogenic Massive Sulphide Trend with excellent survey results as interpreted by Core Geophysics.
Venus Metals Corporation Ltd (ASX:VMC) IP Survey Commences to Test Extensions to High-Grade Zinc Mineralisation
Venus Metals Corporation Ltd (ASX.:MC) are pleased to announce the Induced Polarisation (IP) Survey has commenced, identifying high-grade zinc mineralization across two highly prospective areas.
Venus Metals Corporation Limited (ASX:VMC) Youanmi Project Significant Cobalt Mineralisation Associated with Extensive Lateritisation at Currans Well
Venus Metals Corporation Limited (ASX:VMC) continues its evaluation of the Youanmi Project in the Murchison Mineral Field of Western Australia.
Venus Metals Corp (ASX:VMC) advises that the Board has resolved, subject to receipt of shareholder approval, to offer up to 31,449,491 listed options exercisable at $0.20 each on or before 30 November 2019 at an issue price of $0.005 per option on the basis of 1 New Option for every 1 listed Option which expired on 30 November 2016 to raise up to approximately $157,247 before expenses.