Venus Metals Corporation (ASX:VMC) preliminary results announcement

Venus Metals Corporation Limited (ASX:VMC) has released the preliminary results of the stream sediment and soil sampling programs conducted by IGO Ltd on its Bridgetown-Greenbushes tenements. The programs are part of a Farm-In and JV Agreement with IGO managing the project, forming part of IGO's South West Terrane Li, Ni-Cu Project. The mineralogical results have identified two areas of interest, Cowslip and Flying Duck, with trace spodumene crystals and rare-metal pegmatite indicator minerals found in the samples.

Executive commentary on the preliminary results

The preliminary results of the stream sediment and soil sampling programs at the Bridgetown-Greenbushes Project are encouraging. The identification of spodumene grains and rare-metal pegmatite indicator minerals in the samples from Cowslip and Flying Duck areas is a positive development. The Phase 1 soil sampling program has defined several anomalous areas, with Ti Tree and Greenbushes East selected for priority follow-up work. The ongoing Phase 2 soil sampling program aims to further validate the targets identified from Phase 1 and explore new soil surveys on freehold properties for lithium-bearing rare metal pegmatites.

Summary of Venus Metals Corporation's announcement

Venus Metals Corporation (ASX:VMC) has announced the preliminary results of the stream sediment and soil sampling programs at its Bridgetown-Greenbushes tenements. The identification of spodumene grains and rare-metal pegmatite indicator minerals in the samples from Cowslip and Flying Duck areas is a significant development. The ongoing Phase 2 soil sampling program, along with the planned ground gravity survey, aims to validate the areas of interest and guide subsurface geological interpretation. The company's collaboration with IGO Ltd under the Farm-In and JV Agreement demonstrates its commitment to advancing exploration activities and unlocking the potential of the South West Terrane Li, Ni-Cu Project.