Strategic DeGrussa North Tenement Adjacent To Sandfire
Perth, Nov 3, 2016 AEST (ABN Newswire) - Venus Metals Corporation Limited (
ASX:VMC) is pleased to announce strategic DeGrussa North Tenement pegged and Curara Well Holding extended.
HIGHLIGHTS
DOOLGUNNA REGION:
- Venus Metals Corporation Limited ('Venus') has expanded its tenement holdings in the Doolgunna region,
- Venus has made applications for THREE new tenements at Doolgunna (see Figure 1 in the link below),
- Venus has pegged a key strategic tenement IMMEDIATELY NORTH OF, AND ADJACENT TO, Sandfire Resources DeGrussa Copper Mine (ELA 52/3486),
- A further two tenements, ELA 52/3487 & 3488, have been pegged covering new geophysical targets on the southern margins of Venus's Curara Well tenement, E 52/3069,
- Drilling has recently been completed at Curara Well testing the P1, S1 & S2 targets - results pending (see Figure 2 in the link below),
- Venus will update shareholders as the results of recent drilling become available and these new tenement areas move to grant.
To view the release, please visit:
http://abnnewswire.net/lnk/89AJM71I
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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