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Venus Metals Corporation Limited (ASX:VMC) Quarterly Activities Report - ABN Newswire (@ABN_Newswire)


Venus Metals Corporation Limited (ASX:VMC) Quarterly Activities Report
  
Quarterly Activities and Cashflow ReportPerth, July 29, 2021 AEST (ABN Newswire) - Venus Metals Corporation Limited s (
ASX:VMC) activities conducted during the quarter ending 30 June 2021 include and highlight the following:
Four Joint Ventures are in place between VMC and Rox Resources Ltd (RXL):
OYG JV (Venus 30%; RXL 70%), VMC JV (Venus 50%; RXL 50%), Youanmi JV (Venus 45%; RXL 45%) and Currans Find JV (Venus 45%; RXL 45%)
OYG JV -30% Venus and 70% RXL: YOUANMI GOLD MINE:
- Youanmi Total Mineral Resources increased by 466 koz (+39%) to 1,656 koz of contained gold (Au). Near Surface Resource increased by 50% to 800koz Au in total. Deeps Resource shows impressive growth (+30%) to 856koz Au with high grades preserved (7.9g/t Au resource average). Grace Maiden Resource defined to contain 109koz of contained gold at 7 g/t Au with upside potential remaining. ....

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