Exploration Target of 15-25 Million tonnes @ 2-5% Zinc*
*The potential quantity and grade is conceptual in nature, that there has been insufficient exploration to estimate a Mineral Resource and that it is uncertain if further exploration will result in the estimation of a Mineral Resource. The current drilling density is insufficient to classify the mineralisation as a ‘Mineral Resource’ under the 2012 JORC guidelines.
Curara Well-RC Reconnaissance Drilling Results
Broad Intercepts of Disseminated Nickel Sulphides
Venus Metals Corporation Ltd (‘Venus’) holds seven tenements covering its Doolgunna project (E52/3068, E52/3069 and the recent ELA52/ 3320,ELA52/3486-3489) in Western Australia. These tenements cover over 165 km2 of the Marymia Inlier and are located approximately 10 km NE of Sandfire Resources high-grade Degrussa Copper Mine (Figure 1).
The Youanmi Cobalt-Nickel-Copper-PGE project area overlies a structurally complex wedge on the southern margin the Youanmi greenstone belt and lithologies of the Youanmi intrusion. The area hosts a number of historical Nickel-Copper-Cobalt and Platinum-Group-Element (PGE) prospects.
JORC Inferred Mineral Resource Estimate of 219,000 tonnes @ 2.0 gpt Gold
The Bell Chambers Gold Project (E 57/984) is located 23 kilometres to the southwest of Sandstone in Western Australia.