ABOUT US
Venus Metals Corporation, previously known as Venus Resources Limited, is an Australian base and precious metals exploration company concentrating in Western Australia.
Venus Metals currently has two JORC resources;
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JORC Compliant Inferred and Indicated Magnetite Mineral Resource is estimated at 698.1 Million Tonnes @ 29.3% Fe magnetite resource at the Yalgoo Iron Ore Project, which is a 50/50 joint venture with HD Mining & Investment Pty Ltd, a wholly subsidiary of Shandong Provincial Bureau of Geology & Mineral resources (SDGM); and
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JORC compliant Inferred Resource has been estimated at 21.5 Mt at an average grade of 28 CPHT for 6,000,000 carats, using a cut-off of 10 CPHT at the Argyle Smoke Creek Alluvial Diamond Project.
The longer term exploration strategy at Venus is focused on the discovery of world-class/giant ore deposits within 100% owned tenements targeting concealed regions of Lower Proterozoic orogenic belts which host the majority of Australia’s giant ore bodies including Argyle (diamonds), Telfer (gold), Olympic Dam (iron oxide copper gold), Broken Hill (base metals) and Mt Isa (base metals, IOCG).
The company has 6 projects being:
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Yalgoo Iron Ore Project
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Argyle Smoke Creek Alluvial Diamond Project
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Telfer North Project
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Copper Hills Project
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Argle Noth Project and;
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Moodini Project.