Australia's Venus Metals Corp rises on rare earth finds

Venus Metals

31/05/2022 04:10

** Shares of metal explorer Venus Metals Corp  VMC.AX  rise
as much as 10.5% to A$0.210, their highest since April 14
    ** Co says air core drilling at its Youanmi Base Metals
Project in Western Australia detected anomalous rare earth
elements  urn:newsml:reuters.com:*:nGLF6HX35K
    ** Says further assaying for full suite of rare earths is
underway
    ** Volumes are 1.7 times the 30-day average of 76,330 shares
    ** As of last close, stock up 8.6% this year

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))