Venus Metals Corporation Limited: Youanmi Project Drilling Commences at Inky South EM Target

24.10.2016  |  ABN Newswire

Perth - Venus Metals Corporation Ltd. (ASX:VMC) is pleased to announce that Youanmi Project Drilling Commences at Inky South EM Target.

HIGHLIGHTS

INKY SOUTH COPPER PROSPECT:

- Drilling has commenced at the Inky South copper prospect at Youanmi,

- Inky South forms part of the extensive 'Manindi Trend' (Figure 2 in the link below),

- Historical drill intercepts from the Inky prospect include:

SYMD0006 6 metres @ 1.03% Copper & 6.6 gpt Silver from 158.3 metres

SYMD0011 4 metres @ 1.44% Copper & 7.1 gpt Silver from 209.0 metres

- Analysis of Down Hole EM ('DHEM') at Inky South shows a number of very strong 'off-hole conductors' (>15,000 Siemens) proximal to the established copper mineralisation (Figure 3 in the link below),

- These conductors likely represent the down plunge extensions to the Inky mineralisation, with a program of two deep RC holes having been initiated to test these zones (Figure 3 in the link below).

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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.
Terence Hogan Non-Executive Chairman
T: +61-8-9321-7541

Matthew Hogan Managing Director & Company Secretary
T: +61-8-9321-7541

Kumar Arunachalam Executive Director
T: +61-8-9321-7541