VMC venus metals corporation limited

Ann: Exploration Update, page-3

  1. 10,075 Posts.
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    Some more detail on the impressive Venus/Rox hit today.
    The intersections of high-grade gold at VMC0054 are all within just 9 m of the surface.
    If more gold can be found at such shallow depth the AISC would be less than $1000 oz gold making it hugely profitable
    This is almost certainly free milling oxide gold but metallurgic analysis is needed.
    This could be another Penny Gold project.
    Trucking Pincher ore to the planned mill at Youanmi about 50 kms distant would be an attractive proposition.
    Note the scale of this diagram. There is plenty of room for a major discovery at the Linda gossip with the France gossin not yet drilled.
    A pity that VMC0055 could couldn't be completed.
    Next step would be to intensively drill the 2 gossans.
    Rox and Venus will be holding a JV meeting soon to plan the way forward.

    My opinion DYOR

    https://hotcopper.com.au/data/attachments/4742/4742258-4524b774bec54d06a6929cef5040a669.jpg

 
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Last
11.0¢
Change
0.000(0.00%)
Mkt cap ! $21.57M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 50000 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 2160 1
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Last trade - 16.21pm 22/07/2025 (20 minute delay) ?
VMC (ASX) Chart
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