Venus Metals Corporation Limited (VMC.AX) Pincher Well Zinc RC Drilling Commences on Strong Anomalies
Venus Metals Corporation Limited (ASX:VMC) announces that Pincher Well Zinc-Copper Prospect phase 2 RC drilling commences on strong IP anomalies to the south of high grade zinc mineralisation.
- Phase 2 RC Drilling has commenced along two southern survey lines to test the recently discovered high chargeability IP anomalies at the Pincher Well Zinc-Copper Prospect (E57/1019) 600km north-northeast of Perth and 15km southwest of Youanmi Gold Mine in Western Australia.
- The recent IP surveying has confirmed the shallow 'up-dip' southern extensions of the North Dome high-grade zinc mineralisation (ASX release 27 April 2017).
- The chargeability recorded along line 6821500N is stronger than the previous IP survey results and the anomaly extends 400m to the south (see Figure 1 in the link below). The modelled anomaly remains OPEN and UNTESTED further to the south, potentially extending the target envelope of 1km strike and 250m width (ASX release 29 May 2017).
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Matthew Hogan Non-Executive Chairman T: +61-8-9321-7541 Kumar Arunachalam Chief Executive Officer T: +61-8-9321-7541 Fax: +61-8-9486-9587 E: email@example.com
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