Just days after forming a strategic partnership to breathe new life into the Youanmi gold mine, Venus Metals and Rox Resources have jointly acquired a 90% stake in the historical high-grade Currans Find gold prospect.
Venus Metals may be onto something at its Youanmi vanadium oxide project, with an innovative program of metallurgical test work confirming strong vanadium recoveries near 70%,
ASX Listed Venus Metals has produced outstanding preliminary metallurgical test results on oxidised and fresh ore composites from its Youanmi vanadium project.
Venus Metals has reached a deal with fellow ASX listed company Lepidico that could lead to the discovery of lithium mineralisation at its Youanmi project in Western Australia’s Murchison District.
Instead of waiting on the sidelines to see which party is ultimately successful in a plainting dispute, Venus Metals has swooped on the historic, gold rich Youanmi mining assets, 250kms west of Leonora, by pulling together a deal with both parties.
ASX-listed Venus Metals has significantly increased its gold inventory at the historic Youanmi gold mine to nearly 1.2 million ounces this week, by providing an updated JORC 2012-compliant mineral resource for all remnant, near-surface oxide deposits at the company’s flagship project.