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 grams per tonne 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.
Included in the 7m intersection was a splattering of copper at 0.022 per cent and 0.35 per cent nickel from 126m.
The next best result from the campaign that targeted magmatic palladium, platinum, gold, copper and nickel mineralisation was 6m grading 0.76 g/t platinum, palladium and gold with 0.031 per cent copper and 0.36 per cent nickel from 30m.