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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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Couloir Capital Ltd. Is Pleased to Announce the Initiation of Research Coverage on Macarthur Minerals Limited


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Vancouver, British Columbia (Newsfile Corp. - July 26, 2021) - Couloir Capital Ltd. is pleased to announce the initiation of research coverage on Macarthur Minerals Limited (TSXV: MMS) (ASX: MIO) (OTCQB: MMSDF). The report is titled, Miner with a Superior Grade Project, Early Cash Flow Prospects and Strong Earnings Leverage. Report excerpt: With clear development objectives for calendar 2021 in the works and near-term cash flow potential buoyed up by a hot iron ore market, MMS is well positioned to become Australia s next high-grade iron ore producer.
The report contains an in-depth and current analysis of the Australian iron-ore industry. Report excerpt: Despite the developmental challenges and growing pains of pushing through the next generation of magnetite iron ore mines, we believe the pressures of a greener future will force adaptation in the iron ore mining industry. As longer-term demand trends cement themselves and steel mills turn quality preferences int ....

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