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Venus Metals Corporation continues to uncover fresh precious metal targets across the Youanmi terrane in Western Australia. An ongoing evaluation of the company’s comprehensive geophysical and geochemical datasets has highlighted a trio of platinum group element, or “PGE” prospects in the southern Youanmi tenement area, with historical drilling returning assays of up to 2.18 grams per tonne platinum and palladium.

The company’s assessment of the Youanmi Igneous Complex, which underlies much of the project area, has identified a suite of mafic-ultramafic intrusions in the area surrounding Currans Find, which appear to host nickel-copper-PGE sulphide mineralisation. The company says new PGE targets show marked geological similarities to Chalice Mining’s celebrated Julimar discovery, which was made in early 2020, just to the north-east of Perth.

Full article by The West Australian