All this for $15mil cap.. no brainer really

The latest announcement regarding drilling next to SPX will probably kick start the sp & wake this up, but the market is ignoring how many projects venus holds & potential to rerate is high & downside is low, just on the vanadium resource & upcoming 1.2mil oz gold acquisition you could value this at $30-$40mil (.30-.50 cents) & you wouldn't think its overvalued, then you have the rest listed below, management have shown they're not about diluting & only place small amount of funds when needed, they do lack promoting which hopefully changes with recent announcements made, its one of those rare stocks which could rerate dramatically in a instant .. see https://www.venusmetals.com.au/ & recent announcements for more detailed project info

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YOUANMI VANADIUM PROJECT

The new JORC 2012 total resource estimate is 134.73 mt grading 0.34% V205• The measured, indicated and inferred resources contain 458,900 tonnes(approximately 1,011,415,600 lbs) of V205 (Vanadium Pentoxide)

New JORC 2012 Vanadium Oxide Resources were calculated by Company ConsultantWidenbar and Associates, based on 139 recent RC holes for 5919m and 49 historicalRC and 11 Diamond holes for 3268m .• Significantly, the large measured resource status enables Venus to confidentlyproceed with metallurgical testwork and scoping studies to rapidly advance theproject.

VENUS YOUANMI PENNY WEST NORTH GOLD TARGETS

Venus Metals controls all strike extensions to the north and south of the Penny Westtenure (spx) .. drilling imminent

Youanmi Gold Project (Add $5mil to market cap if acquisition goes through)
Youanmi Gold Mine and Near-Surface Gold
ResourcesVenus has entered into 2 option agreements to purchase the historical Youanmi Gold Mine (MLs), and all associated infrastructure and mine village (refer VMC ASX release 28 May 2018).Historical production of 667,000 ounces of gold grading 5.42 g/t from open pit and underground operations between 1908 and closure in 1997.Substantial indicated and inferred resources remain at the Youanmi Mine.The Underground Youanmi Deeps resource has JORC 2012 compliant indicated and inferred resources of 2,400,000 t grading 8.5g/t for 657,900 ounces. This resource is refractory in part.The Near Surface JORC 2012 compliant indicated and inferred resources in eight areas are 10.07 Million tonnes grading 1.65g/t for 532,700 ounces (refer VMC ASX release 29 June 2018).The total JORC 2012 Compliant Resource for the Youanmi Gold Mine is now estimated as c.1.2 Million Ounces of Gold.The Youanmi Gold Mine closed in 1997 when the gold price was around AUD $400 per ounce. The gold price is now AUD $1760 per ounce, transforming the economics for gold mining. The gold price rise of over 4 times since mine closure is very significant for future feasibility studies.Importantly, Venus tenements completely surround the gold mine area and the company controls 40 km of exploration along strike.

Youanmi Lithium Project

Venus Metals Corporation Limited have entered into an Option Agreement with Lepidico Ltd (ASX:LPD) (“Lepidico”) on terms under which Lepidico is to explore for lithium mineralisation in Lepidolite bearing pegmatites on exploration licence E57/983 located in the Murchison District in Western Australia, approximately 20 km southwest of the historical Youanmi gold mine(under option to purchase by Venus). Lepidico owns the technology to a metallurgical process (L-Max® Process) that has successfully produced lithium carbonate from non-conventional sources, specifically lithium-rich mica minerals including lepidolite and zinnwaldite. HIGHLIGHTS:On signing: Venus to receive $50,000 cash and $120,000 in Lepidico fully paid ordinary shares. Lepidico earns a 12-month option to explore the tenement.During the option period the parties intend to negotiate the terms of a farm-in and joint venture agreement on the following indicative terms:Venus to receive $350,000, comprising 50:50 cash and shares; shares issued at 5 day VWAP. Lepidico will have a 4-year period to complete a full Feasibility Study leading to a Decision to Mine to earn an 80% interest in the Lithium Rights. Venus’s 20% will be free-carried to a Decision to Mine and Venus will be carried through project finance, with cost of finance to be repaid from 100% of Venus’s share of production.Venus is to receive a benefit linked to the price of lithium carbonate equivalent received by Lepidico on sale of L-Max® products from material sourced from the Rights.If at any time in the 4-year period, Lepidico spends $2 million on project expenditure Lepidico will earn a 51% interest in the Rights.The deal with Lepidico gives Venus a guaranteed path to market for its share of any lithium concentrate produced should exploration be successful. For further details of Youanmi Lithium Project please refer Lepidico ASX release 26 July 2018.

YOUANMI PINCHER WELL COPPER-ZINC PROJECT

Exploration Target of 15-25 Million tonnes @ 2-5% Zinc**The potential quantity and grade is conceptual in nature, that there has been insufficient exploration to estimate a Mineral Resource and that it is uncertain if further exploration will result in the estimation of a Mineral Resource. The current drilling density is insufficient to classify the mineralisation as a ‘Mineral Resource’ under the 2012 JORC guidelines.

DOOLGUNNA CURARA WELL GOLD-COPPER PROJECT

Curara Well-RC Reconnaissance Drilling ResultsBroad Intercepts of Disseminated Nickel SulphidesVenus Metals Corporation Ltd (‘Venus’) holds seven tenements covering its Doolgunna project (E52/3068, E52/3069 and the recent ELA52/ 3320,ELA52/3486-3489) in Western Australia. These tenements cover over 165 km2 of the Marymia Inlier and are located approximately 10 km NE of Sandfire Resources high-grade Degrussa Copper Mine (Figure 1).

YOUANMI COBALT-NICKEL-COPPER-PGE PROJECT

The Youanmi Cobalt-Nickel-Copper-PGE project area overlies a structurally complex wedge on the southern margin the Youanmi greenstone belt and lithologies of the Youanmi intrusion. The area hosts a number of historical Nickel-Copper-Cobalt and Platinum-Group-Element (PGE) prospects.

SANDSTONE BELL CHAMBERS GOLD PROJECT

JORC Inferred Mineral Resource Estimate of 219,000 tonnes @ 2.0 gpt GoldThe Bell Chambers Gold Project (E 57/984) is located 23 kilometres to the southwest of Sandstone in Western Australia.

POONA LITHIUM PROJECT

The Poona project is located in the Murchison Mineral Field, approximately 560 km to the north northeast of Perth. The project area comprises three exploration licenses (E20/885, E20/896 and E20/929) covering c. 473 km2 (Figure 1). These tenements overlie a number of recognised lithium and tantalum occurrences including Patons Lode, Poona Reward and Coodardy North

PILGANGOORA NORTHEAST LITHIUM-TANTALUM PROJECT

The Pilgangoora Northeast Project (E45/4630 & E45/4684) covers over 350 km2 and is located 72 km to the southeast of Port Headland in the Pilbara region and lies to the northeast of Pilbara Minerals’ Pilgangoora Lithium project which hosts a substantial lithium-tantalum resource .

STANNUM LITHIUM-TANTALUM PROJECT

The Stannum Project is composed of two tenements (ELA 45/4627 & PLA 45/3004) covering more than 100 km2. The project is located 98 km to the south of Port Headland and is accessed via the Great Northern Highway, then west along local formed roads and station tracks.

NARDOO LITHIUM-TANTALUM PROJECT

The Nardoo tenement (ELA 09/2156) covers over 131 km2 and is located in the Capricorn region of Western Australia. The project is accessed from Gascoyne Junction by heading east to Dairy Creek, then heading north towards Cobra station. Yinnietharra station is located approximately 85 km north of Dairy Creek along the Cobra Station road; from Yinnietharra the Nardoo tenement can be accessed via station tracks.

GREENBUSHES EAST LITHIUM-TANTALUM PROJECT

1.0 IntroductionVenus Metals Corporation Limited (‘Venus Metals’) has two strategic exploration licences in the Greenbushes region of Western Australia. These tenements are located adjacent to, and east of, the world-class Greenbushes Lithium-Tantalum mine. The tenement areas contain outcropping pegmatitic stratigraphy, the host rock for lithium-tantalum mineralisation in the region.

Yalgoo Iron Ore ProjectYalgoo Iron Ore Project

(YIOP) is centrally placed within Western Australia’s emerging Mid-West Iron Ore Province (Figure 1). During March 2010 Venus signed the Yalgoo Farm In and Joint Venture Agreement with HD Mining & Investment Pty Ltd (HD Mining), a subsidiary of Shandong Provincial Bureau of Geology & Mineral Resources based in Jinan, China. HD Mining has earned 50% in the iron ore rights at Yalgoo.A JORC 2012 compliant total Magnetite Mineral Resource of 698.2 Million Tonnes (being an Indicated Resource of 311.2 Mt and an Inferred Resource of 387 Mt) was estimated for YIOP (based on the drilling data of 169 RC holes (29,977m) and 11 Diamond holes (3,088m) by Geological consultants Widenbar and Associates (ASX Release: 16 February 2015)