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Venus Metals Corporation Limited (ASX:VMC) Lithium Projects Update - Pilgangoora and Greenbushes
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 Venus Metals Corporation Limited (ASX:VMC) is pleased to provide an update on WA Lithium Projects at Pilgangoora and Greenbushes.
Pilbara Projects
- Recent interpretation of regional geophysical data (aeromagnetic & radiometric) over Pilgangoora East and Wodgina South has identified a number of potassic-rich, pegmatite target areas.
- A significant potassic-rich trend, identified from radiometric data covering Pilgangoora East (E45/4630), has an identical signature to the Lithium-Tantalum bearing pegmatites held by Pilbara Minerals and other explorers in the region (see Figure 1 in the link below).
- Several new target areas were delineated from analysis of the magnetic data at Wodgina South (E45/4627& P45/3004) (see Figure 2 in the link below).
- Lithium Australia NL (ASX:LIT) (under MoU) is planning to conduct a detailed mapping and surface sampling to refine the target locations at Pilgangoora East and Wodgina South tenements.
Greenbushes East Project
- A broad potassic rich area (>9 km2) has been identified from regional radiometric data, and is located southeast of Talison Lithium's world-class Greenbushes Lithium-Tantalum mine.
- A NW trending major fault is interpreted to be controlling Lithium- Tantalum mineralisation at the Greenbushes Li-Ta mine and extends into the potassium-rich target area in E70/4810 (see Figure 3 in the link below).
- VMC is planning to conduct reconnaissance geological mapping, followed by RAB drilling, in the coming weeks.
To view figures, please visit:
http://abnnewswire.net/lnk/Q812FQQR
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: info@venusmetals.com.au
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