Venus Metals Corporation Ltd.: Company Presentation May 2016
06.05.2016 | ABN Newswire
Perth, Australia - Venus Metals Corporation Ltd. (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.
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About Venus Metals Corporation Limited:
Venus Metals Corporation Ltd. (ASX:VMC) is focused on the exploration and development of its Western Australian Base Metal projects, which are prospective for Copper and Zinc, as well as its precious & specialty metals.
Contact:
Venus Metals Corporation Ltd.
Matthew Hogan, Managing Director
T: +61-8-9321-7541
Kumar Arunachalam, Executive Director
T: +61-8-9321-754