Venus Metals has stumbled across a new gold discovery after getting the drill rods spinning again in the hills around Youanmi, Western Australia.
The Hope prospect, within the Youanmi JV area, turned up gold mineralisation in fresh granite adjacent to the area’s classic granite-greenstone contact, with one RC drill hole hitting 1m at a solid 9.3 g/t gold from 103m downhole.
A second hit returned 3m at 1.5 g/t from a shallower 45m at Hope, just 2km north of Venus’ and JV partner Rox Resources’ high-grade Youanmi mining leases. The company’s first pass RC drill program at Hope was targeting historical drilling and soil anomalies on behalf of the Venus-Rox JV, chasing a granite-hosted gold target of several hundred metres in length.
Venus is drilling up a storm as it tags a swag of emerging prospects across the fertile gold ground, all within yelling distance of the mothballed historic gold operation at Youanmi.