Youanmi Project Drilling Commences at Inky South EM Target
Perth, Oct 24, 2016 AEST (ABN Newswire) - Venus Metals Corporation Limited (
ASX:VMC) is pleased to announce that Youanmi Project Drilling Commences at Inky South EM Target.
HIGHLIGHTS
INKY SOUTH COPPER PROSPECT:
- Drilling has commenced at the Inky South copper prospect at Youanmi,
- Inky South forms part of the extensive 'Manindi Trend' (Figure 2 in the link below),
- Historical drill intercepts from the Inky prospect include:
SYMD0006 6 metres @ 1.03% Copper & 6.6 gpt Silver from 158.3 metres
SYMD0011 4 metres @ 1.44% Copper & 7.1 gpt Silver from 209.0 metres
- Analysis of Down Hole EM ('DHEM') at Inky South shows a number of very strong 'off-hole conductors' (>15,000 Siemens) proximal to the established copper mineralisation (Figure 3 in the link below),
- These conductors likely represent the down plunge extensions to the Inky mineralisation, with a program of two deep RC holes having been initiated to test these zones (Figure 3 in the link below).
To view the release, please visit:
http://abnnewswire.net/lnk/PQWIPIBE
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.
| ||
|
