The Sandstone Gold-Copper Project is located within tenement E57/984 (125 km2 ; 90% VMC). The historical Bellchambers mining area, first reported by Gibson in 1908, is located about 23 km southwest of the town of Sandstone and is 70km by road northeast from the Youanmi Gold Field. Figure 1
Exploration of the Bellchambers deposits by Venus defined a JORC 2012 resource of 30,500 ounces Au @ 1.31 g/t Au (refer ASX release 4 April 2023). A total of 220 soil samples were collected from two areas that were selected based on anomalous copper or bismuth concentrations in sampled rock chips. Of special interest is an approximately 1 km2 survey area (Area B; Figure 2) covering a historic mine shaft near outcropping quartz-malachite veins at Black Range West where rock chip samples returned up to 6.34% copper in association with bismuth (up to 2034ppm Bi), silver (up to 40.2 ppm Ag) and gold (up to 0.25ppm Au). A second soil survey was conducted over the granite-greenstone contact about 4km south of Area B and 1.5 km north of the Bellchambers Gold Deposit, in an area with occurrences of bismuth-rich quartz veins (up to 1367ppm Bi; sample 24031020) (ASX release 29 April 2024). Further fieldwork, including sampling and mapping, is planned to better understand the extent and significance of the geochemical anomalies.
Figure 1 Sandstone Bellchambers Gold Project.
Figure 2. Sample locations over published 1:100.000 scale geology (Chen, 2003)