News Articles for Venus Metals Corporation

Venus Metals Corporation has quickly moved onto the second phase of its lithium chasing reverse-circulation drilling campaign at its Henderson project near Menzies in the eastern Goldfields region of WA. The company recently hit returns of 5.8 and 3.6 per cent lithium dioxide at its Emerald SE prospect whilst results from 89 rock samples showed 29 had more than 100 parts-per-million lithium dioxide.

Venus Metals Corporation and Rox Resources have continued their run of gold hits from the latest round of drilling at the companies' joint venture Youanmi gold project near Mt Magnet in WA. Results include 8m at 5.1 grams per tonne gold from 212m including 4m at 9.45 g/t from 212m in addition to 4m at 6.03 g/t from 140m in one hole.

Venus Metals believes the presence of mafic-ultramafic rocks discovered during recent exploration at its Youanmi base metals and lithium projects make the area prospective for gold and base metals mineralisation. The rocks were found along an east-south-east trending structure that comes off the Youanmi shear zone close to Ramelius Resources' Penny gold mine, about 550km north-east of Perth.

Venus Metals Corporation has hit returns of 5.8 and 3.6 per cent lithium dioxide from the latest round of exploration at its Henderson tenements near Menzies in Western Australia. Following the discovery of lithium-cesium-tantalum pegmatites at Henderson in February, assay results from 89 rock samples showed 29 had more than 100 parts-per-million lithium dioxide.

Venus Metals has begun a 2500m drilling program at its Pincher Well zinc-copper prospect that is part of its Youanmi base metals project 600km north-east of Perth. The RC drilling will target an historically strong induced polarisation anomaly. The anomaly is just south of previously drilled high-grade zinc mineralisation that threw up a 10m hit going 7.31 per cent zinc from 52m.

A hydrometallurgical study conducted at Murdoch University in Perth has delivered robust processing results for Venus Metals Corporation and its Youanmi vanadium deposit in WA's Mid West region. The study was commissioned in 2019 to develop an integrated process flow sheet for the extraction of vanadium, iron and titanium. Importantly, a provisional patent application has been lodged and accepted with IP Australia.

Venus Metals and joint venture partner Rox Resources have unveiled a significant boost of the mineral resource estimate for their Youanmi gold project near Mt Magnet in WA. According to the company, it has lifted the operation's near surface resources by 204,000 ounces to more than 1 million ounces and lifted the project's total gold resource to 3.2 million ounces through extensive exploration.

A geochemical survey at Venus Metals Corporation's Youanmi lithium project has backed up previous drilling, with the company hoping recently delineated lithium anomalies are an extension of the Manindi lithium discovery to the south that excited the market last month. Interestingly, the extensions appear to coincide with existing and known pegmatite outcrops.

Junior explorer Venus Metals Corporation and its joint venture partner ASX-listed Rox Resources have encountered more high-grade results ahead of a near-surface resource update at the Youanmi gold project near Mount Magnet in WA. Results from the latest drilling include significant hits up to 1m running 13.44 g/t gold which will feed into a near-surface mineral resource update expected in the next two weeks.

Having just received the keys to its Sandstone project in Western Australia, gold developer Aurumin Limited is gearing up to begin systematically exploring with an initial round of auger drilling. The vehicle-mounted program, due to kick off next week, is designed to build on five near-mill targets handed over from the previous owner – plus test a further 36 targets generated by the company.

Venus Metals Corporation has identified a strong lithium anomaly in recent soil sampling at its Bridgetown East project just 20 kilometres southeast of the world-class Greenbushes mine in southwest WA. The phase 3 geochemical soil sampling recorded anomalous results up to 148 parts per million lithium across a 300 metre by 400m parcel of land with potential remaining open to the north.

Venus Metals Corporation, together with joint venture partner Rox Resources has continued its golden run of high tenor drill hits after a fresh set of results from recent work at the company's flagship Youanmi gold project in WA. Notable results from recent drilling include 3.25 metres grading a formidable 32.22 grams per tonne gold from 282m downhole and 4m going 10.91 g/t gold from 196m downhole.

Venus Metals has discovered multiple outcropping lithium rich pegmatites at its Henderson project 50km northwest of Menzies in WA. Rock samples from the outcrops returned lithium results up to an extraordinary 3.5 per cent lithium oxide with enriched tantalum and niobium. Henderson sits 15km south of the spodumene-rich lithium pegmatites discovered by Red Dirt Metals in the emerging Mt Ida/Ularring greenstone belt lithium province.

Gold and base metal explorer Venus Metals has a new four-kilometre mineralised slice of WA goldfields to hunt following the results from a massive 426-hole, 22 km aircore drilling program at its 50 per cent owned Youanmi Regional JV project. Just weeks ago, Venus and partner Rox Resources, tabled a whopping 1.34 million ounce resource upgrade for the project.

ASX-listed Venus Metals and joint venture partner Rox Resources have tabled a whopping 1.34 million ounce resource upgrade taking their total Youanmi gold resource in WA to the magical 3m ounce mark. The resource upgrade equates to a significant 156 per cent increase following a seven month period of intensive infill and extensional diamond drilling for approximately 35,000 metres at the Youanmi Deeps deposit.

Venus Metals Corporation has tallied some impressive gold recovery rates with an average of 92.2 per cent gold extraction from metallurgical testwork on its Youanmi Deeps mineralisation near Sandstone in WA. Venus, together with its joint venture partner, Rox Resources, trialled a series of treatment methods and decided the Albion process is the preferred treatment to deliver high gold yields with low overall cost.

Venus Metals Corporation has bolstered its already overflowing suite of high-grade gold hits with a series of solid gold intercepts from recent resource drilling at its Youanmi gold joint venture project in WA. Notable results include 3m grading 7.2 grams per tonne gold from 131m downhole, 2m going 8.16 g/t gold from 183m and 2m at 6.78 g/t gold from 127m downhole.

Venus Metals Corporation has uncovered anomalous rare earth, gold and palladium mineralisation at its Mangaroon North project abutting Dreadnought's prospective nickel-copper-PGE rich tenure in the Gascoyne region of Western Australia. Initial geochemical reconnaissance surveying has outlined multiple target areas that Venus is planning to extensively explore through geochemical sampling, geophysical surveying and drill testing during 2022.

Venus Metals Corporation has tabled another batch of high-grade drill strikes adding to the company's rapidly growing gold resource at its Link prospect within the Youanmi joint venture gold project in WA. Significant results from the latest round of resource drilling include a 3 metre hit grading 9.35 grams per tonne gold from 182m, 2m at 12.59 g/t gold 235m and 2m going 7.93 g/t gold from 279m.

Venus Metals Corporation together with joint venture partner, Rox Resources, has struck several high-grade gold intersections at Youanmi in WA including a 3.87m hit grading a solid 9.9 grams per tonne gold from 328.33m downhole and a 3.62m hit going 6.49g/t from 315.42m downhole. The new parallel lode remains open in all directions and is on track to increase estimated gold resources at the Youanmi gold project.

Perth-based Venus Metals' Henderson project north of Menzies in WA could turn out to be a triple header with the company recently completing a hard-rock lithium sampling and mapping program at the gold and nickel site. A suite of 97 rock samples were bagged during the renaissance trip which sought to review the lithium potential of the company's landholdings with assays currently pending.

ASX-listed explorer, Venus Metals has substantially extended its high-grade mineralisation at the Link prospect within its Youanmi project. Latest drilling has intercepted high grade gold intercepts 200m down plunge of the existing resource, demonstrating strong continuity of mineralisation. These results point to a potential increase to the current resource estimate with many drill results still pending.

Venus Metals has bagged up 1500 soil samples and 58 rock chips that it will now lab test for nickel, copper, rare earths, gold, platinum, lithium and related minerals at its Managaroon north project in the Gascoyne region of WA. The samples have since been submitted for the multi-element analysis and the company is planning a follow-up program based on the results.

Venus Metals has encountered platinum group element, copper and nickel mineralisation at its Youanmi project in WA after probing a promising electromagnetic conductor. A seven hole, 734 metre drilling program has extended the mineralisation at the project with a 7m intersection going 0.85 g/t platinum, palladium plus gold from 124m. The 7m hit also included a high-grade interval of 2m at 1.44 g/t platinum, palladium plus gold.

Venus Metals, along with their joint venture partner Rox Resources has had major success with its metallurgical test work recently conducted on the Youanmi Deeps Resource in WA. Test work has delivered substantial improvement in gold extraction for Youanmi Deeps with new test work improving extraction to 95.6 per cent, a substantial increase from the historical production which averaged 86.8 per cent gold recovery.

Venus Metals has discovered highly anomalous nickel, copper, chromium, platinum and palladium in soils in its Barrabarra North project next door to Chalices' acclaimed and similarly named Barrabarra project. Venus has also applied for two new exploration licences to increase its tenure in the area to over a massive 1000 square kilometres with planned systematic soil sampling and geophysical surveys on these tenements once granted.

Venus Metals is collecting a lot of smoke as it searches for the fire under its Nickel-Copper-Platinum “Julimar look-a-like” targets at its Bridgetown East Project in WA's fertile South West mineral terrane. The company reported polymetallic anomalies that are closely associated with a suite of prospective mafic-ultramafic rocks, some of which even coincide with an aeromagnetic high and a HEM anomaly.

Venus Metals and joint venture partner, Rox Resources continue to deliver the goods at their Youanmi gold project in the Murchison district of WA with latest drilling at the Link prospect striking more gold, including a bumper 7.25m intercept going 15.02 g/t gold. The duo is looking to uncover more ounces to add to the already impressive 1.66-million-ounce resource at the project.

Venus Metals and Rox Resources say they have identified what looks to be a new gold lode parallel to the old Youanmi mine at their joint ventured Youanmi gold project in WA. The JV partners' continuing drilling campaign at Youanmi recently returned a pulse quickening 4-metre intersection going an impressive 45.5 g/t gold from 341m including 1.33m grading an even more impressive 129.3 g/t gold from 341.75m.

Venus Metals and joint venture partner Rox Resources have continued to rack up high-grade gold hits with infill reverse circulation drilling at their Youanmi gold project in the Murchison district of Western Australia. A cracking 17 metre interval grading 5.14 grams per tonne gold was encountered from 151 metres downhole. Management believes there is strong potential for further increases in the Resource.

Venus Metals and Rox Resources have launched a major drilling offensive at their joint ventured “Youanmi Regional” project in WA. An array of gold prospects on the partners' ground-holdings will be the subject of a serious 22,000m aircore drilling campaign consisting of 540 holes. The JV says the program will target high-grade gold mineralisation along an 18.5km greenstone corridor between the well-known Youanmi and Penny gold deposits.

Venus Metals has delivered a broad platinum group element drill intercept at its Youanmi PGE and base metals project in the Murchison district of Western Australia, with a 30m hit grading 0.95 grams per tonne combined platinum, palladium and gold, 0.22 per cent copper and 0.24 per cent nickel from 40m extending mineralisation some 50m west of a previous thick intercept.

Venus Metals and joint venture partner Rox Resources have drilled high-grade gold some 80m outside of the existing resource base at their Youanmi gold project in the Murchison district of Western Australia with a 6.8m intercept returning a stellar 11.98 grams per tonne gold from 264m. Drilling continues as the partners seek to grow the 1.66-million-ounce resource at the project.

Venus Metals has pounced on a hefty 546 square kilometres of ground prospective for nickel, copper, platinum group elements, gold and rare earths in the Gascoyne region of Western Australia. Two of the new licences, one granted and one under application, adjoin tenure hosting a 1km-long outcropping structure where rock chip samples have returned 1 per cent copper and 0.6 per cent nickel.

Venus Metals and joint venture partner Rox Resources appear to have confirmed significant open-pit mining cost savings for the proposed shallow, high-grade Grace gold deposit near Mount Magnet in Western Australia's Murchison district. Grace forms a part of the duo's 1.66-million-ounce Youanmi gold resources that the partners are looking to bring into production.

Venus Metals and joint venture partner Rox Resources have delivered solid gold hits including 5m at 5.96 grams per tonne gold near an old underground mine the duo plan to bring into production at the Youanmi gold project in the Murchison district of Western Australia.

ASX-listed explorer Venus Metals has launched into an air-core drilling campaign at its Henderson gold-nickel project in the Eastern Goldfields of Western Australia where it is targeting structurally controlled gold associated with two fault zones crossing the tenure. Several historical gold operations believed to be related to the faults lie near the project including a 322,000-ounce resource just 15km away.

Venus Metals Corporation and joint venture partner Rox Resources have grown resources at their Youanmi gold project near Mt Magnet in Western Australia's Murchison district by a whopping 39 per cent. Nearly 1.7 million ounces have now been defined with 800,000 ounces near surface and a further 856,000 high-grade ounces at depth. Resource drilling continues with a feasibility study on the cards.

ASX-listed Venus Metals and joint venture partner Rox Resources are extending deep drilling at their Youanmi gold project near Mt Magnet in Western Australia. The pair have added 2,000m of diamond drilling to a program targeting depth extensions to high-grade gold shoots and seeking new ones. They are looking to add to the current 1.19-million-ounce resource at Youanmi as stellar gold hits continue.

Venus Metals has jumped into drilling at its Vidure South prospect in Western Australia as it targets a pair of electromagnetic anomalies south-west of the Youanmi gold mine. The Vidure nickel-PGE targets were identified on the back of historical drill results and a recent high-powered, ground electromagnetic survey, which lit up the potential sulphide bodies.