Venus Metals has commenced a fresh round of reverse circulation, or “RC” drilling at its 90 per cent-owned Range View prospect as it hunts down more gold at the interesting looking target just 1.5kms north-east of its Bell Chambers gold deposit. Venus is testing the extension of high-grade gold mineralisation discovered late last year at Range View, just off the Paynes Find-Sandstone Road, east of Mount Magnet in Western Australia’s Goldfields region.
The Venus-operated Range View prospect is part of the company’s Sandstone gold project that is wedged between its Bell Chambers deposit and Middle Island Resources’ clutch of gold discoveries located just south of the historical gold mining town of Sandstone in WA.
The Perth-based gold and base metals hopeful said one RC drill hole in the previous reconnaissance drilling campaign at Range View tagged a significant intercept of 11 metres grading 4.69 grams per tonne gold from just 12m downhole.
Importantly, the drill hit included an intriguing 1m section going 38.92 g/t gold, from just 20m downhole, with the gold-rich zone still open at depth and along strike.