Venus Metals Corporation has hit returns of 5.8 and 3.6 per cent lithium dioxide from the latest round of exploration at its Henderson tenements near Menzies in WA.
Following the discovery of lithium-cesium-tantalum pegmatites at Henderson in February, assay results from 89 rock samples showed 29 had more than 100 parts-per-million lithium dioxide. The two highest results are from pegmatites at the Emerald SE prospect that has been identified as a priority area for drilling.
The prospect is along the Ballard fault and close to the Ida fault about 10km south of the company’s Snake Hill prospect.
A reverse-circulation drill rig has been contracted to test areas prospective for lithium in addition to gold targets identified from air core drilling last year.
Recent exploration has identified several outcropping pegmatite clusters over a strike length of about 20km along the Mt Ida/Ularring greenstone belt and close to the Ida fault.