Venus Metals Corporation, together with joint venture partner Rox Resources, has identified a potential new parallel lode during drilling at the Youanmi gold mine in Western Australia.

The company intersected high-grade mineralisation in a newly-defined position in the hanging wall, in an area between the Bunker pit and the Youanmi main lode.

Drilling intersected 4 metres at 45.5 grams per tonne gold from 341m and is believed to have highlighted the “significant potential” for further discoveries of economic mineralisation in the area.

Full article by Small Caps