Venus Metals has its drill bit spinning again, this time at its historical Bellchambers gold deposit in the WA Goldfields and part of the company’s Sandstone gold project.
The project is on a 208 square kilometre tenement, 90 per cent owned by Venus and located 500km north-east of Perth and 23km south-west of the tiny prospecting town of Sandstone.
The program will target structurally controlled gold mineralisation and will test the depth continuation of mineralisation intersected in late 2020 from a nine-hole drilling program totalling 1176m.
That campaign resulted in a substantial increase in Bellchambers’ JORC-compliant indicated mineral resource. The new resource figure was 536,000 tonnes going 1.27 grams per tonne golds for 21,800 ounces contained gold, representing a 29 per cent jump in ounces.