ASX:VMC $0 .000

A geochemical survey at Venus Metals’ Youanmi lithium project has backed up previous drilling, with the company hoping recently delineated lithium anomalies are an extension of the Manindi lithium discovery to the south that excited the market last month. Interestingly, the extensions appear to coincide with existing and known pegmatite outcrops.

The Youanmi lithium project is focusing on the Manindi North target in tenement E57/983 in WA’s Murchison where Venus and a former partner drilled with encouraging results in 2018, intersecting 12 metres at 0.68 per cent lithium oxide, 2m going 1.58 per cent lithium oxide and 4m grading 0.76 per cent lithium oxide.

Full article by The West Australian