Venus Metals and joint venture partner Rox Resources have intersected gold mineralisation in four reverse circulation drill holes at the Youanmi-OYG project near Mt Magnet in Western Australia.
The results were identified following a May drilling campaign and demonstrate strong potential for further increases to the project’s current resource base of 1.7 million ounces grading 2.85 grams per tonne gold.
Best assays were 17m at 5.14g/t gold from 151m, including 11m at 7g/t from 156m at the Link prospect; 9m at 4.57g/t gold from 148m at Junction; and 2m at 10.02g/t gold from 268m at Youanmi South.