Скачать или смотреть Venari Minerals NL (ASX:VMS): Releases results from three holes in the 13-hole RC drilling campaign

Venari Minerals NL (ASX:VMS) has released results from three holes in the 13-hole Reverse Circulation (RC) drilling campaign undertaken at its Red Mountain Lithium Project in Nevada in October 2025. The Company has, at the same time, also entered into a binding option agreement to secure a private property and associated water rights proximal to the Red Mountain Lithium Project.

🚀 Northern Red Mountain drilling results deliver high-grade lithium
⛰️ Assays for four remaining holes are expected soon, which will provide final inputs for the maiden Mineral Resource Estimate (MRE).
🗓️ VMS has entered into a binding option agreement to secure a private property and associated water rights proximal to Red Mountain, and has 12 months to exercise this option.
💧 Subject to approval from the State of Nevada, the water rights may be re-located from the property to even closer to the Red Mountain Project

“The Company continues to rapidly de-risk multiple facets of the Red Mountain Lithium Project, with metallurgical testwork for a lithium battery product underway, a maiden Mineral Resource Estimate to be completed early in the coming quarter, and now substantial water rights secured by this Option Agreement. Collectively, these work programs position the Red Mountain Project to move to the next level."

“Assays from the October drilling campaign at Red Mountain are continuing to deliver outstanding results, with this latest batch confirming the presence of high-grade lithium mineralisation in the northern part of the project area." Tony Leibowitz, Venari Chairman

Red Mountain Lithium De-Risked with Water Rights Secured ⚡ https://cdn-api.markitdigital.com/api...

High-Grade Lithium Confirmed at Red Mountain North ⚡ https://cdn-api.markitdigital.com/api...