Venus Metals Corporation Limited: Drilling Commences at Curara Well Project Doolgunna
26.10.2016 | ABN Newswire
Perth - Venus Metals Corporation Ltd. (ASX:VMC) is pleased to announce that drilling commences at Curara Well Project Doolgunna.HIGHLIGHTS
CURARA WELL PROJECT:
- Drilling has commenced on the Curara Well Project at Doolgunna, located 10 km northeast of Sandfire Resources DeGrussa Copper Mine and 10km Southwest of Plutonic Gold Mine.
- RC drilling will test a number of highly prospective geophysical targets delineated through 3D modelling of the magnetic data and electromagnetic ('VTEM') surveying (see Figures 2 & 3 in the link below),
- This initial drill program will test THREE key targets (see Figure 2 in the link below):
1. P1 - 3D modelling of detailed magnetics shows a sizeable 'pipe-like' target extending to depth,
2. S1 - a northwest striking magnetic and EM anomaly more than 800 metres long,
3. S2 - located adjacent to the P1 target, this target also strikes to the northwest and is more than 1,800 metres long.
- The P1 'pipe-like' target lies below shallow cover and may be similar in nature to the nearby 'Red Bore' copper prospect or have kimberlitic affinities, with the potential to host diamondiferous lithologies,
- The S1 & 2 targets show a similar geophysical signature to nearby base and precious metal deposits at Peak Hill and Marymia, including the world-class Plutonic gold mine.
To view the release, please visit:
http://abnnewswire.net/lnk/UN52Z390
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: +61-8-9321-7541
F: +61-8-9486-9587
E: info@venusmetals.com.au
www.venusmetals.com.au