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Venus Metals Corporation Limited ( (AU:VMC) ) has provided an update.
Venus Metals Corporation Limited has initiated a Reverse Circulation (RC) drilling program at its Henderson Gold Project, specifically at the Hilltop Prospect, located in the Yilgarn Craton, Western Australia. The exploration efforts are aimed at assessing gold mineralization after promising assay results from rock chip sampling, which showed significant gold potential. These findings suggest similarities with nearby high-grade deposits, thus potentially enhancing Venus Metals’ positioning in the gold mining sector and offering promising opportunities for stakeholders.
More about Venus Metals Corporation Limited
Venus Metals Corporation Limited is engaged in the exploration of a diverse portfolio of mineral resources in Western Australia, including gold, copper, base metals, lithium, titanium, vanadium, and rare earth elements (REE). The company also holds various royalties and is a substantial shareholder of Rox Resources Limited, an ASX-listed gold developer.
YTD Price Performance: -10.0%
Average Trading Volume: 174,924
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$12.36M
See more data about VMC stock on TipRanks’ Stock Analysis page.
