News & Videos - VENUS METALS CORPORATION LIMITED

Perth, Australia (ABN Newswire) - Venus Metals Corporation Limited (ASX:VMC) is pleased to provide an update on the regional exploration results at its Youanmi Lithium Project regarding recent soil geochemical surveys conducted at Penny East on tenement E57/1128 (Venus 100% all commodities), located 20km Northeast from the Company's Deep South Lithium Project (ASX release 25 March 2024) and 10km east from the Penny West Gold Mine (Ramelius Resources Ltd ASX:RMS). This tenement was selected for...

Perth, Australia (ABN Newswire) - Venus Metals Corporation Limited (ASX:VMC) is pleased to provide an update on the exploration results at its Youanmi Lithium Project (VMC 100%) regarding recent drilling at the Deep South Lithium Prospect (ASX releases 6 February 2024). The exploratory Reverse Circulation (RC) drilling programme tested areas with outcropping lithium-rich pegmatites (up to 4.6% Li2O; ASX release 29 January 2024) and distinct soil geochemical anomalies in areas with shallow soil...

Perth, Australia (ABN Newswire) - Venus Metals Corporation Limited (ASX:VMC) is pleased to announce the commencement of maiden RC Drilling campaign on Monday 5 February 2024 at its Youanmi Deep South Lithium Prospect. The Deep South mineralization is a significant new lithium find situated in a poorly outcropping and under-explored area directly east from the crustal-scale Youanmi Fault Zone, in a newly defined southern extension of the Youanmi Greenstone Belt (please refer additional...

Perth, Australia (ABN Newswire) - Venus Metals Corporation Limited's (ASX:VMC) activities conducted during the quarter ending 31 December 2023 include the following: Youanmi Lithium Project - Deep South Prospect (100% Venus): The Youanmi Deep South mineralization is a significant new lithium find situated in a poorly outcropping and under-explored area directly east from the crustal-scale Youanmi Fault Zone, in a newly defined southern extension of the Youanmi Greenstone Belt. - Several new...

Perth, Australia (ABN Newswire) - Venus Metals Corporation Limited (ASX:VMC) is pleased to provide an update on the exploration progress at its Youanmi Lithium Project (VMC 100%) regarding ongoing geological mapping and field sampling programmes at the Deep South Lithium Prospect (ASX releases 24 August 2023, 18 September 2023) and regionally geochemical surveys targeting the southern margin of the Youanmi Greenstone Belt. Highlights - Several new areas with petalite-bearing pegmatites (up to...

Perth, Australia (ABN Newswire) - Venus Metals Corporation Limited's (ASX:VMC) activities conducted during the quarter ending 30 September 2023 include the following: Youanmi South Lithium Project (100% Venus): - The Deep South Lithium mineralization is shaping up as a significant new lithium find at Youanmi greenstone belt. Geological mapping shows three main zones of outcropping Li-rich pegmatite over a 300m x 200m area. Referred to as Central Zone (up to 4.5 %Li2O), East Zone (up to 4.6...

Perth, Australia (ABN Newswire) - Venus Metals Corporation Limited (ASX:VMC) is pleased to announce the results of (Phase 3) surface sampling from the Mangaroon North Base Metals-REE Project (Figure 1*) in the Gascoyne Region of Western Australia. - Highly anomalous copper (Cu) and zinc (Zn) concentrations (up to 4,011 ppm and up to 3,936 ppm respectively) in rock chips are broadly associated with elevated Co, Ni, Sb and Mo. These anomalies are mostly associated with ironstones of the Kiangi...

Perth, Australia (ABN Newswire) - Venus Metals Corporation Limited (ASX:VMC) is pleased to provide a further update on its Youanmi Lithium Project (VMC 100%). A very successful follow-up mapping and sampling field programme has been completed at the Deep South Prospect which delineated two new zones with outcropping LCT pegmatites, south from Lithium-rich pegmatites reported previously (ASX release 24 August 2023). Highlights - Geological mapping shows three main zones of outcropping...

Perth, Australia (ABN Newswire) - Venus Metals Corporation Limited (ASX:VMC) is pleased to provide an update on its Youanmi Lithium Project (VMC 100%). A mapping and sampling field programme has been completed to follow up a prominent Lithium soil anomaly identified on E57/1078 and reported previously (ASX 6 July 2023). The anomaly is identified as the Deep South Target (Figures 1,2*), where highly anomalous ultrafine soil samples (max 305 ppm Li) define a northeast trending anomaly with a...

Perth, Australia (ABN Newswire) - Venus Metals Corporation Limited's (ASX:VMC) activities conducted during the quarter ending 30 June 2023 include and highlight the following: Youanmi Gold Project: Venus and its joint venture partner Rox Resources Ltd (RXL or Rox), entered into a binding agreement during March 2023 to consolidate their respective ownership interests in the Youanmi Gold Project in Western Australia. Completion of the Transaction occurred on 7 July 2023 (refer ASX release 7 July...

Perth, Australia (ABN Newswire) - Venus Metals Corporation Limited (ASX:VMC) is pleased to provide an update on its Youanmi Lithium Project. Reconnaissance soil sampling totalling 242 samples has discovered a strong lithium (Li) anomaly in the south of E57/1078, located near the GSWA interpreted c. 45km long "pegmatite trap zone" (Duuring 2020 & DMIRS website) wrapping around the western margin of the Youanmi greenstone belt and the Youanmi intrusion (Figure 2*), that may indicate the presence...

Perth, Australia (ABN Newswire) - West Australian gold exploration and development company Rox Resources Limited (ASX:RXL), in conjunction with its joint venture partner Venus Metals Corporation (ASX:VMC), is pleased to report further significant assay results from the ongoing resource development program at the 3.2Moz Youanmi Gold Project (OYG JV), located near Mt Magnet in WA. The assays are from an ongoing 24,000m (increased from 23,000m) resource development and near-mine exploration...

Perth, Australia (ABN Newswire) - Rox Resources Limited (ASX:RXL), in conjunction with its joint venture partner Venus Metals Corporation Limited (ASX:VMC), is pleased to confirm the discovery of a new high-grade mineralised position immediately south of the Youanmi Main Lode at its 3.2Moz Youanmi Gold Project (OYG JV), located near Mt Magnet in WA. The new mineralised lode, referred to previously as the 'Youanmi South' prospect, has now been intersected over a considerable strike and dip...

Perth, Australia (ABN Newswire) - Venus Metals Corporation Limited (ASX:VMC) is pleased to announce the agreement to acquire a 0.3% net smelter royalty ("NSR Royalty") in relation to the Youanmi Gold Mining Leases from St Clair Resources Pty Ltd by Venus' wholly owned subsidiary, Redscope Enterprises Pty Ltd ("Redscope") has settled. (Refer to ASX announcement dated 12 April 2023 regarding the key terms) About Venus Metals Corporation Limited: Venus Metals Corporation Limited (ASX:VMC) is a West...

Perth, Australia (ABN Newswire) - Venus Metals Corporation Limited (ASX:VMC) is pleased to announce that its subsidiary ("Venus Subsidiary") has entered a binding transaction with a subsidiary ("IGO Subsidiary") of IGO Limited (ASX:IGO) regarding exploration and, if warranted, development and mineral extraction at the Henderson Nickel-Lithium Project ("Project"). HIGHLIGHTS: - Farm-in and Joint venture in which IGO Subsidiary can progressively acquire up to a 70% interest in the Project by...

Perth, Australia (ABN Newswire) - Venus Metals Corporation Limited's (ASX:VMC) activities conducted during the quarter ending 31 March 2023 include and highlight the following: Youanmi Gold Mine (OYG JV 30% Venus; 70% RXL): - Venus and Rox Resources (RXL) entered into a binding agreement to consolidate their respective ownership interests in the Youanmi Gold Project in Western Australia. Transaction simplifies the ownership structure for the Youanmi Gold Project, maximising value potential for...

Perth, Australia (ABN Newswire) - Venus Metals Corporation Limited (ASX:VMC) is pleased to announce that Redscope Enterprises Pty Ltd ("Redscope"), a wholly-owned subsidiary of Venus has been successful in its application to secure a grant under the Western Australian Government Co-Funded Exploration Incentive Scheme (EIS) for drilling at Marvel Loch East Rare Earth Project (Figures 1a & 1b*). - The EIS grant of up to $157,500 is the maximum amount applied for by Redscope and contributes towards...

Perth, Australia (ABN Newswire) - West Australian gold exploration and development company Rox Resources Limited (ASX:RXL), in conjunction with its joint venture partner Venus Metals Corporation (ASX:VMC), is pleased to report further significant assay results from the ongoing resource development program at the 3.2Moz Youanmi Gold Project (OYG JV), located near Mt Magnet in WA. The assays are from an ongoing 24,000m (increased from 23,000m) resource development and near-mine exploration...

Perth, Australia (ABN Newswire) - Venus Metals Corporation Limited (ASX:VMC) is pleased to announce the results of a detailed interpretation and assessment of aeromagnetic data on E09/2422. HIGHLIGHTS - Mangaroon North project area (E09/2422) is considered prospective for ironstone hosted REE and carbonatites similar to those at Hastings' Yangibana and Dreadnought Resources' Mangaroon projects. - Eight ironstone targets over a combined strike length of 10km have been identified. The aeromagnetic...

Perth, Australia (ABN Newswire) - Rox Resources Limited (ASX:RXL) and Venus Metals Corporation Limited (ASX:VMC) are pleased to provide an update on the Youanmi Gold Project transaction. As announced on 31 March 2023, Rox and Venus entered into a binding agreement to consolidate their respective ownership interests in the Youanmi Gold Project in Western Australia. The transaction is subject to several conditions precedent, including satisfactory completion of mutual due diligence. Rox and Venus...