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Venus and Rox Notes Big Lift to Youanmi Resource

The West Australian 21/01/2022Rox west 21.1.22

Perth-based explorer Venus Metals Corporation has confirmed that regional soil surveys in the Mangaroon North project area in Western Australia’s Gascoyne region have identified a series of rare earth, gold and platinum group elements (PGE) targets.

An initial geochemical reconnaissance survey outlined multiple target areas for follow-up in an area which abuts Dreadnought Resources' Mangaroon tenure.

The results showed total rare earth oxide (TREO) concentrations of up to 1,611 parts per million and anomalous neodymium (316ppm) in an ironstone specimen, indicating potential for rare earth mineralisation northwest of the Yangibana rare earth elements carbonatite field, owned by Hastings Technology Metals.

Full article by Small Caps

Venus Metals Corporation has uncovered anomalous rare earth, gold and palladium mineralisation at its Mangaroon North project abutting Dreadnought’s prospective nickel-copper-PGE rich tenure in the Gascoyne region of Western Australia. Initial geochemical reconnaissance surveying has outlined multiple target areas that Venus is planning to extensively explore through geochemical sampling, geophysical surveying and drill testing during 2022.

Full article by The West Australian

Perth-based Venus Metals’ Henderson project north of Menzies in WA could turn out to be a triple header with the company recently completing a hard-rock lithium sampling and mapping program at the gold and nickel site. A suite of 97 rock samples were bagged during the renaissance trip which sought to review the lithium potential of the company’s landholdings with assays currently pending.

The area looks to be developing into a hub for battery mineral exploration with Red Dirt Metals having just uncovered a fresh suite of spodumene-bearing lithium pegmatites at its Mt Ida project, around 10 kilometres from Venus’ tenure.

Full article by The West Australian

Venus Metals Corporation has begun sampling and mapping to review the lithium potential within its Henderson gold-nickel project in Western Australia’s eastern goldfields following Red Dirt Metals' recent discoveries at its neighbouring project.

Last month, Red Dirt revealed it had identified substantial lithium intersections in historic drill core from its Mt Ida tenement which abuts Venus’ Henderson project to the north.

Notable results from the review were 24m at 1.84% lithium and 350 parts per million tantalum from 160m; 26.2m at 1.84% lithium and 210ppm tantalum from 283m; and 12m at 1.7% lithium and 200ppm tantalum from 150m.

Full article by Small Caps

Venus Metals has bagged up 1500 soil samples and 58 rock chips that it will now lab test for nickel, copper, rare earths, gold, platinum, lithium and related minerals at its Managaroon north project in the Gascoyne region of WA. The samples have since been submitted for the multi-element analysis and the company is planning a follow-up program based on the results.

The samples were taken from gossanous outcrops, pegmatites and quartz veins.

Specimens from the 58-suite rock chip sampling program are currently being analysed for gold, platinum group elements, rare earth elements, lithium, cesium, tantalum and niobium.

The company says it will use the results of the sampling program to prioritise potential target areas for additional work and it has earmarked a detailed follow-up program that includes sampling, ground geophysical surveys and drilling.

Interestingly, two of Venus Metals’ project tenements border Dreadnought Resources’ and First Quantum Minerals’ Mangaroon project that is considered prospective for nickel, copper, platinum group elements, rare earth elements and high-grade gold mineralisation.

Full article by The West Australian