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.
The samples were taken from gossanous outcrops, pegmatites and quartz veins.
Specimens from the 58-suite rock chip sampling program are currently being analysed for gold, platinum group elements, rare earth elements, lithium, cesium, tantalum and niobium.
The company says it will use the results of the sampling program to prioritise potential target areas for additional work and it has earmarked a detailed follow-up program that includes sampling, ground geophysical surveys and drilling.
Interestingly, two of Venus Metals’ project tenements border Dreadnought Resources’ and First Quantum Minerals’ Mangaroon project that is considered prospective for nickel, copper, platinum group elements, rare earth elements and high-grade gold mineralisation.