Venus Metals Corporation Limited (ASX:VMC) RC Drilling Commenced Youanmi Vanadium Oxide Project

Venus Metals Corporation Limited (ASX:VMC) (FRA:EZL) is pleased to announce the commencement of a 6000m reverse circulation (RC) drilling programme at the Youanmi Vanadium Oxide Project, Western Australia (Figure 1 in link below). The RC drilling programme is expected to be completed at the end of November.

- The drilling is designed to convert part of the JORC 2012 inferred mineral resource of 110.6 million tonnes @ 0.30% V2O5 into a large measured oxide resource from surface to 45m depth.

- Once a measured resource is achieved it will support the Scoping Study that is currently in progress.

- The majority of the drilling will be carried out on a 40 by 80m spacing over a strike length of 2km.

- RC drill program will also deliver a 100 tonne bulk sample for advanced metallurgical test work.

To view figures, please visit:
http://abnnewswire.net/lnk/0XD6929C

Matthew Hogan
Managing Director
T: +61-8-9321-7541 

Barry Fehlberg
Executive Exploration Director
T: +61-8-9321-7541