Venus Metals has discovered highly anomalous nickel, copper, chromium, platinum and palladium in soils in its Barrabarra North project in Western Australia which is next door to Chalices’ acclaimed and similarly named Barrabarra project.
Assays from the soil sampling program returned anomalous grades of up to 63 parts per million nickel, 46 parts per million copper, 13 parts per billion platinum and palladium and a whopping 3,169 parts per million chromium in the project area.
In a hugely encouragingly sign for Venus, the geological mix of goodies looks like a facsimile of Chalice’s early exploration results.
Venus is working on the hypothesis that these platinum group elements, or “PGEs” and base metal anomalies may indicate mafic-ultramafic bedrock and the system is equivalent to the adjacent Chalice Barrabarra project.
Venus has hurriedly applied for two new exploration licences to increase its tenure in the area to cover a massive 1000 square kilometres and has systematic soil sampling and geophysical surveys planned on these tenements once granted.