WA Government Co-funded Drilling Grant Curara Well Gold-Diamond-Base Metals Project Doolgunna
Perth, June 15, 2016 AEST (ABN Newswire) - The Directors of Venus Metals Corporation Limited (
ASX:VMC) are pleased to announce that the Company has been awarded a $150,000 grant* toward drilling on the Curara Well Gold-Diamond-Base Metals Project at Doolgunna Region, under WA Government Exploration Incentive Scheme Co-funded Exploration Drilling Programme.
A program of diamond drilling is being designed to test the previously announced, coincident geochemical anomalies and deeper structural geophysical VTEM/aeromagnetic targets on the Curara Well Project (refer ASX release 14 October 2015).
Venus looks forward to updating shareholders as exploration progresses at Curara Well.
*Venus will be required to match the $150,000 funding grant on a dollar-for-dollar basis on direct drilling costs.
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.
| ||
|
