Venus Metals Corporation has received a further boost to its war chest with battery metal focussed eMetals Ltd this week forking out $160,000 to complete the purchase of Venus’ Poona Lithium project in WA. The sale allows Venus to shift its focus to a range of new project areas in the fertile terranes surrounding the Youanmi mining region.
This payment closes the second deal between the two companies for 2020, with the eMetals having purchased the Nardoo project from Venus back in March.