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Column 1 0 Drilling Underway at VMC’s Pincher Well Zinc-Copper ProjectBacked by rising zinc and copper prices, Venus Metals (ASX:VMC) has just started drilling in the southern target area at its Youanmi Pincher Well zinc-copper prospect in Western Australia.
The project is located just 15 kilometres south-west of the historic Youanmi Gold Mine and comprises over five kilometres of heavily underexplored volcanogenic massive sulphide (VMS) trend with an exploration target of 15-20 million tonnes at 2-8% zinc.
The area also hosts a number of high grade lodes of more than 10% zinc.
VMC is confident it can generate positive news flow from this round of drilling, with results due in the coming weeks and months.
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Column 1 0 FIND OUT MORE
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Column 1 0 VMC also has two lithium projects up its sleeve, with lithium remaining very much a stock market darling as the battery rally continues to thrive.
The good news for VMC is its Greenbushes East tenement is situated on the border of Australia’s largest lithium mine owned by mining giant Talison and its Pilgangoora Northeast project is virtually rubbing shoulders with the $572 million-capped Pilbara Minerals’ (ASX: PLS).
Suffice to say, VMC’s lithium projects are in a good position to potentially capitalise on what it is hoping will be its own hefty lithium-tantalum resource.
The information in this email should not be the only trigger for your investment decision. Click on the link below for a more in-depth and informed examination of the company. We strongly recommend you seek professional financial advice whenever making financial investment decisions.
With drilling underway at its zinc project and good progress being made at its lithium projects, the $7.69 million-capped VMC could see some considerable share price catalysts in the coming months.
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Drilling Underway at VMC’s Pincher Well Zinc-Copper...
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11.0¢ |
Change
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Mkt cap ! $21.57M |
Open | High | Low | Value | Volume |
11.0¢ | 11.5¢ | 11.0¢ | $3.237K | 28.69K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 6913 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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12.0¢ | 74638 | 4 |
View Market Depth
No. | Vol. | Price($) |
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1 | 6913 | 0.110 |
3 | 68120 | 0.105 |
2 | 309710 | 0.100 |
1 | 10100 | 0.099 |
1 | 22000 | 0.090 |
Price($) | Vol. | No. |
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0.120 | 74638 | 4 |
0.125 | 493991 | 1 |
0.130 | 20000 | 1 |
0.135 | 49999 | 1 |
0.140 | 140613 | 2 |
Last trade - 11.35am 28/07/2025 (20 minute delay) ? |
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