VMC Company Presentation
Perth, May 6, 2016 AEST (ABN Newswire) - Venus Metals Corporation Limited (
ASX:VMC) is a diversified metals exploration Company focused on a developing portfolio of high-quality projects in Lithium, Precious and Base metals in Western Australia.
Venus has five strategic Lithium project areas in Western Australia, including a substantial tenement area in the "Pilgangoora Lithium Hotspot" and adjoining the Greenbushes World class Lithium-Tantalum mine.
In addition, an MoU with Lithium Australia Ltd (LIT) to evaluate the Lithium Carbonate and Lithium Hydroxide potential in VMC's Pilgangoora tenements. LIT has a long-term strategy for the establishment of Lithium processing hub in the Pilbara region.
The company has conducted processing of historical airborne magnetic, radiometric data over VMC's lithium project areas to understand the structure and lithology that controls on mineralisation within pegmatite intrusions. Field reconnaissance and sampling in the lithium project areas has been carried out to delineate the potential targets with the view to commence drilling later in the year.
In the near term, drill targets have been identified at Youanmi , Sandstone and Doolgunna Projects.
To view the full presentation, please visit:
http://abnnewswire.net/lnk/T53Y0E4R
About Venus Metals Corporation Limited
Venus Metals Corporation Limited (ASX:VMC) is a West Australian based Company with a focus on gold, base metals, vanadium and lithium exploration projects. The Company aims to increase shareholder value through targeted exploration success on its projects.
The Company's major gold project is the Youanmi Gold Mine, located 500km north-east of Perth. The Youanmi Gold Mine is now jointly owned by Venus Metals (30%) and Rox Resources Limited (70%); Indicated and Inferred Resource of the mine is in excess of 3 million ounces of gold.
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