Venus Metals Corporation Limited (AU:VMC) has released an update.
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Venus Metals Corporation Limited, through its subsidiary Redscope Enterprises, has identified a significant calcrete resource at the Yuinmery site, leading to a mining lease application. This discovery could potentially serve as a valuable source of calcium carbonate for acid neutralization in nearby gold projects, including the Youanmi Gold Project. With a measured resource of over 262,000 tonnes, this development underscores Venus Metals’ strategic position in resource exploration and mining.
For further insights into AU:VMC stock, check out TipRanks’ Stock Analysis page.
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