Venus Metals Corporation Ltd. is pleased to provide an update on its Youanmi Lithium Project. Reconnaissance soil sampling totalling 242 samples has discovered a strong lithium anomaly in the south of E57/1078, located near the GSWA interpreted c. 45km long "pegmatite trap zone" wrapping around the western margin of the Youanmi greenstone belt and the Youanmi intrusion , that may indicate the presence of pegmatite-hosted [...]
West Australian gold exploration and development company Rox Resources Ltd. , in conjunction with its joint venture partner Venus Metals Corporation , is pleased to report further significant assay results from the ongoing resource development program at the 3.2Moz Youanmi Gold Project , located near Mt Magnet in WA. The assays are from an ongoing 24,000m resource development and near-mine exploration drilling program [...]
Rox Resources Ltd. , in conjunction with its joint venture partner Venus Metals Corporation Ltd. , is pleased to confirm the discovery of a new high-grade mineralised position immediately south of the Youanmi Main Lode at its 3.2Moz Youanmi Gold Project , located near Mt Magnet in WA. The new mineralised lode, referred to previously as the 'Youanmi South' prospect, has now been intersected over a considerable strike and [...]
Venus Metals Corporation Ltd. is pleased to announce the agreement to acquire a 0.3% net smelter royalty in relation to the Youanmi Gold Mining Leases from St Clair Resources Pty Ltd by Venus' wholly owned subsidiary, Redscope Enterprises Pty Ltd has settled. About Venus Metals Corporation Limited: Venus Metals Corporation Ltd. is a West Australian based Company with a focus on gold, base metals, vanadium and lithium [...]
Venus Metals Corporation Ltd. is pleased to announce that its subsidiary has entered a binding transaction with a subsidiary of IGO Limited regarding exploration and, if warranted, development and mineral extraction at the Henderson Nickel-Lithium Project . HIGHLIGHTS: - Farm-in and Joint venture in which IGO Subsidiary can progressively acquire up to a 70% interest in the Project by incurring A$4,000,000 of exploration [...]
Venus Metals Corporation Ltd.'s activities conducted during the quarter ending 31 March 2023 include and highlight the following: Youanmi Gold Mine : - Venus and Rox Resources entered into a binding agreement to consolidate their respective ownership interests in the Youanmi Gold Project in Western Australia. Transaction simplifies the ownership structure for the Youanmi Gold Project, maximising value potential for Rox [...]
Venus Metals Corporation Ltd. is pleased to announce that Redscope Enterprises Pty Ltd , a wholly-owned subsidiary of Venus has been successful in its application to secure a grant under the Western Australian Government Co-Funded Exploration Incentive Scheme for drilling at Marvel Loch East Rare Earth Project . - The EIS grant of up to $157,500 is the maximum amount applied for by Redscope and contributes towards 50% of [...]
West Australian gold exploration and development company Rox Resources Ltd. , in conjunction with its joint venture partner Venus Metals Corporation , is pleased to report further significant assay results from the ongoing resource development program at the 3.2Moz Youanmi Gold Project , located near Mt Magnet in WA. The assays are from an ongoing 24,000m resource development and near-mine exploration drilling program [...]
Venus Metals Corporation Ltd. is pleased to announce the results of a detailed interpretation and assessment of aeromagnetic data on E09/2422. HIGHLIGHTS - Mangaroon North project area is considered prospective for ironstone hosted REE and carbonatites similar to those at Hastings' Yangibana and Dreadnought Resources' Mangaroon projects. - Eight ironstone targets over a combined strike length of 10km have been identified [...]
Rox Resources Ltd. and Venus Metals Corporation Ltd. are pleased to provide an update on the Youanmi Gold Project transaction. As announced on 31 March 2023, Rox and Venus entered into a binding agreement to consolidate their respective ownership interests in the Youanmi Gold Project in Western Australia. The transaction is subject to several conditions precedent, including satisfactory completion of mutual due diligence [...]
Venus Metals Corporation Ltd. is pleased to announce the agreement to acquire a 0.3% net smelter royalty in relation to the Youanmi Gold Mining Leases from St Clair Resources Pty Ltd by Venus' wholly owned subsidiary, Redscope Enterprises Pty Ltd . Redscope Enterprises Pty Ltd currently holds a 0.7% NSR Royalty at Youanmi and once the acquisition completes, Redscope's royalty holding will increase to a 1% NSR Royalty. The [...]
West Australian gold exploration and development company Rox Resources Ltd. , in conjunction with its joint venture partner Venus Metals Corporation , is pleased to report initial assay results from the ongoing resource development program at the 3.2Moz Youanmi Gold Project , located near Mt Magnet in WA. The assays are from an ongoing 23,000m resource development and near mine exploration drilling program. The resource [...]
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