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Bulls N' Bears 15 Apr 2024

Lithium rising from Venus gold play in Mid West

Venus Metals' hunt for lithium at its Penny East project in Western Australia's Mid West region – within ground initially secured for gold and base metals prospectivity – has revealed encouraging soil geochemical results. The company says it identified an anomalous area measuring about 800m by 600m, while a second 800m-wide anomaly is open to the north. Further soil sampling and shallow drilling is planned.

Bulls N' Bears 25 Mar 2024

Venus nails 24m drill hit going 1.71 percent lithium

Venus Metals is on a roll with the first drill campaign at its Deep South prospect within its Youanmi project in WA's Murchison hitting lithium paydirt. High-grade lithium pegmatites were intersected at both the East and North zones, with strong tantalum enrichment also recorded. The best grade recorded in the maiden campaign came in at a significant 2.89 per cent lithium oxide.

Bulls N' Bears 06 Feb 2024

Venus hunts more WA lithium at Youanmi project

Venus Metals has kicked off its maiden reverse-circulation drill campaign at its Youanmi lithium project where lithium-bearing pegmatites were recently discovered at its highly-compelling Deep South lithium prospect. The Deep South lithium prospect sits 44km south of the Youanmi Gold Mine, which is about 450km north-east of Perth in Western Australia's rugged Murchison region.

Bulls N' Bears 30 Jan 2024

Venus jags pegmatites with 4.6 per cent lithium oxide

Venus Metals Corporation says it has discovered petalite mineralisation assaying up to 4.6 per cent lithium oxide in multiple pegmatites at its Deep South prospect at Youanmi in Western Australia's Murchison region. Petalite is an important ore mineral of lithium and the new pegmatite discoveries comprise several small outcrops up to about 60m across that are scattered through a 450-square-metre footprint.

Bulls N' Bears 12 Oct 2023

Venus sampling defines two new base metal targets

A geochemical sampling program by Venus Metals at the westernmost licences within its Mangaroon North project in Western Australia's emerging Gascoyne region has turned up two base metal anomalies that have been earmarked for further assessment. The company says it took about 1100 soil samples and 39 rock‐chip samples from across two of its tenements during the survey.

Bulls N' Bears 18 Sep 2023

Venus rising amid new lithium pegmatite discoveries

Multiple outcropping lithium-caesium-tantalum (LCT) pegmatites carrying high lithium oxide grades of up to 4.6 per cent have been revealed in follow-up mapping and sampling by Venus Metals at its Deep South prospect within its Youanmi lithium project in Western Australia. The company says broad surrounding caesium-tin anomalism is indicative of an extensive and mostly-hidden granitic and pegmatitic late-phase intrusive system.

Bulls N' Bears 24 Aug 2023

Venus unearths high-grade lithium petalite pegmatites

Venus Metals has uncovered two neighbouring pegmatite outcrops, with visible coarse lithium-bearing petalite running up to 4.6 per cent lithium oxide, after completing a field program at its Youanmi project in Western Australia. The program was aimed at discovering the cause of a prominent lithium soil anomaly labelled the “Deep South Target”. Results also revealed a separate assay of 3.26 per cent lithium oxide.

Bulls N' Bears 02 May 2023

Venus locks in JV with IGO at WA nickel-lithium project

Venus Metals and IGO have inked a binding agreement for exploration – and possibly development and extraction – at the pair's Henderson nickel-lithium project in WA's Eastern Goldfields. The deal involves a farm-in and joint venture in which a subsidiary of IGO can progressively acquire up to a 70 per cent interest in the project by spending $4 million on exploration and reimbursing Venus with $1 million.

Bulls N' Bears 31 Mar 2023

Venus grabs major Rox slice with Youanmi gold deal

Venus Metals will become a major shareholder in joint venture partner Rox Resources after the companies agreed to consolidate their ownership interests in the greater Youanmi gold project in Western Australia. Shares in Venus jumped more than 20 per cent on the back of the latest announcement to touch 17.5 cents during intraday trading after closing yesterday at 14.5 cents.

Bulls N' Bears 30 Sep 2022

Goldfields samples light up rare earths for Venus

Soil and laterite sampling at Venus Metals' Marvel Loch East project have returned “exceptional” results including one sample showing a remarkable 6092 parts-per-million total rare earth oxides. The Marvel Loch East rare earths project is located near Southern Cross in the Goldfields region of WA and comprises one granted exploration licence and an additional four applications for a total tenement area of 828 square kilometres.

Bulls N' Bears 05 Sep 2022

Venus joins Gascoyne rare earths race after data review

Venus Metals Corporation has lit up multiple priority targets using remote sensed data at the company's Mangaroon rare earths project in one of the country's fastest emerging rare earths districts. The company's four tenement package on the edge of WA's Gascoyne region borders significant rare earth ventures held by ASX-listed Hastings Technology Metals, Dreadnought Resources and Lanthanein Resources.

Bulls N' Bears 27 Jun 2022

IGO snares stake in Venus, eyes lithium JV project

IGO Limited has snapped up an interest in Venus Metals Corporation after acquiring nine million shares in the company and securing an exploration deal at its Bridgetown Greenbushes project in WA's South West region. After spending $2.07 million at 23c per share, IGO will secure a 5.6 per cent stake in Venus, making it a substantial shareholder. The project takes in Venus' Greenbushes East lithium project and its Bridgetown East copper-nickel-PGE project.

Bulls N' Bears 15 Oct 2021

Venus hits sulphides in Youanmi electromagnetic conductor

Venus Metals has encountered platinum group element, copper and nickel mineralisation at its Youanmi project in WA after probing a promising electromagnetic conductor. A seven hole, 734 metre drilling program has extended the mineralisation at the project with a 7m intersection going 0.85 g/t platinum, palladium plus gold from 124m. The 7m hit also included a high-grade interval of 2m at 1.44 g/t platinum, palladium plus gold.

Bulls N' Bears 06 Sep 2021

Venus strikes bonanza gold in potential new Youanmi lode

Venus Metals and Rox Resources say they have identified what looks to be a new gold lode parallel to the old Youanmi mine at their joint ventured Youanmi gold project in WA. The JV partners' continuing drilling campaign at Youanmi recently returned a pulse quickening 4-metre intersection going an impressive 45.5 g/t gold from 341m including 1.33m grading an even more impressive 129.3 g/t gold from 341.75m.

Bulls N' Bears 25 May 2021

Venus drilling promising WA nickel-PGE targets

Venus Metals has jumped into drilling at its Vidure South prospect in Western Australia as it targets a pair of electromagnetic anomalies south-west of the Youanmi gold mine. The Vidure nickel-PGE targets were identified on the back of historical drill results and a recent high-powered, ground electromagnetic survey, which lit up the potential sulphide bodies.

Bulls N' Bears 23 Apr 2021

Venus nails down Youanmi nickel-PGE targets

Venus Metals has unearthed five new electromagnetic targets following its recent high-powered geophysical survey as the company steps up its nickel-PGE hunt in the mineral rich Youanmi terrane. The anomalies were spotted at Venus' new Vidure South prospect where historical drilling returned tantalising grades of nickel and platinum group elements with the company yet to tap the deeper source of this elusive sulphide mineralisation.

Bulls N' Bears 19 Apr 2021

Venus extends underground gold resource at Youanmi

Venus Metals has continued to rack up high-grade gold hits along the down-plunge extension of the Link target at its joint-ventured Youanmi gold project near Mount Magnet in WA's Goldfields region. One of the best assays from the latest batch of RC drill results returned 4m at 7.2 g/t gold from 131m. Another notable hit at Link was 4m at 2.7 g/t gold from 164m downhole.

Bulls N' Bears 26 Mar 2021

Venus racks up more gold strikes at WA project

Venus Metals has racked up encouraging near-surface gold hits from a second round of RC drilling at the Range View prospect nearby the Bellchambers deposit as part of its Sandstone gold project in WA. Better intercepts from the latest drilling were 6m at 2.06 g/t gold from 20m including 1m at 6.14 g/t and 5m at 2.76 g/t from 45m including 1m at 6.23 g/t.

Bulls N' Bears 24 Mar 2021

Venus extends Grace gold discovery at Youanmi

ASX-listed explorer, Venus Metals says latest drill hits have extended the known area of high-grade gold mineralisation at the exciting Grace gold discovery at its joint-ventured Youanmi gold project in WA by 100 metres to the south. Stand-out RC drill intersections received for three of 18 recently completed holes were 8m at 19.9 g/t gold from 68m including 4m at 38.3 g/t.

Bulls N' Bears 03 Feb 2021

Outstanding metallurgy for Venus at Youanmi

Venus Metals and joint venture partner, Rox Resources, have posted an outstanding set of metallurgical results from the Grace gold discovery in WA. First-pass, bench-scale test work on bulk samples from the discovery at Youanmi has returned stellar recoveries of up to 99.8 per cent of the contained gold in fresh rock samples.

Bulls N' Bears 25 Jan 2021

Venus zeroes in on Youanmi PGEs

Venus Metals continues to uncover fresh precious metal targets across the Youanmi terrane in WA. A detailed evaluation of the company's comprehensive geophysical and geochemical datasets has highlighted a trio of Julimar-style nickel-copper-PGE targets in the southern Youanmi tenement area, with historical drilling returning assays of up to 2.18 grams per tonne platinum and palladium.

Bulls N' Bears 15 Jan 2021

Venus scores gold hits at Sandstone project

Venus Metals Corporation has jagged a couple of high-grade gold hits from a round of reconnaissance drilling at the Range View prospect nearby its Bellchambers deposit as part of its historic Sandstone gold project in WA. Notable intersections at Range View were 11m grading 4.69 g/t gold from 12m including 1m at 38.92 g/t from 20m and 5m at 9.03 g/t from 18m.

Bulls N' Bears 10 Dec 2020

New Youanmi gold find for Venus

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 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.

Bulls N' Bears 07 Dec 2020

Venus gets polymetallic sniffs in south-west WA

ASX-listed explorer, Venus Metals Corporation, says it has picked up a couple of early polymetallic sniffs at its Bridgetown East nickel-copper-PGE project in WA's south-west region as the company looks to emulate the feats of Chalice Mining following its exciting Gonneville nickel-copper-PGE discovery at the Julimar project further north.

Bulls N' Bears 19 Oct 2020

Venus drilling priority gold targets at Youanmi

Venus Metals Corporation has jumped back into drilling at Youanmi, wasting no time following up on a swag of emerging prospects surrounding the mothballed historic gold operation. The company has kicked off reverse circulation drilling across the Youanmi North, Taylors Reef and Sovereign prospects as it zeroes in on a new batch of discoveries across this fertile gold terrane.

Bulls N' Bears 18 Sep 2020

Venus hits Sovereign gold deposit at depth

ASX-listed gold explorer, Venus Metals, has teased out some encouraging deeper gold hits from drilling at the Sovereign discovery at its joint-ventured historic Youanmi gold project in WA's Murchison region. The most notable intersection was 8m going 5.03 grams per tonne gold from 160m including 2m at 15.83 g/t from 160m and 3m at 2.86 g/t from 165m.

Bulls N' Bears 11 Sep 2020

Venus hits high-grade gold at Taylor's Reef

Venus Metals could be knocking on the door of the next high-grade gold discovery at Youanmi in WA. The company's drilling campaign over the Taylor's Reef prospect has returned outstanding gold intercepts, including 3m at 19.58 g/t gold also hosting 1m at an impressive 55.81 g/t gold from only 21m downhole - follow up RC drilling is planned in the coming months.

Bulls N' Bears 01 Sep 2020

Venus/Rox rack up bonanza gold hits at Grace discovery

Venus Metals and Rox Resources have struck high-grade gold again in granite rock at the exciting Grace discovery at their historic joint-ventured Youanmi project in WA. The latest bonanza gold hits add to mounting evidence that a style of gold mineralisation not recognised at Youanmi previously has been discovered by the dynamic duo. The spectacular drill intercepts included 13m at 60.49 g/t gold from 177m including 4m at a cracking 191.56 g/t.

Bulls N' Bears 20 Aug 2020

Venus gets free carry on Curara Well gold project

ASX-listed explorer, Venus Metals, has successfully farmed out the Curara Well project in WA to AIC Mines but maintains a minority interest in the highly prospective joint venture ground that lies in the vicinity of existing successful gold and copper-gold mines. Venus now holds a 20 per cent free carried interest in Curara Well, about 170km north-east of Meekatharra.

Bulls N' Bears 28 Jul 2020

Grace gold prospect continues to impress for Venus/Rox

Venus Metals and Rox Resources have continued to put meat on the bones of the exciting Grace discovery at the Youanmi gold project south of Sandstone, with more high-grade hits rolling off the drill bit. The JV partners are not quite at the halfway mark of a 126-hole, 16,000m RC drilling campaign, which is focused on Grace, underlining the importance the partners place on that prospect.

Bulls N' Bears 27 Jul 2020

More gold sniffs at Sovereign for Venus and Rox

ASX-listed dynamic duo Venus Metals and Rox Resources are at it again, this time at the Sovereign discovery within their historic Youanmi gold project in WA's Murchison region. The Sovereign target continues to throw up some solid numbers including 10m going 3.64 grams per tonne gold from 79m. Venus recently finished three RC holes at Sovereign for a total of 530m.

Bulls N' Bears 06 Jul 2020

Venus/Rox extend hunt for more Youanmi gold

Venus Metals and Rox Resources have kicked off an RC drilling program at their Penny West Deep South and Sovereign prospects at the JV partners' Youanmi gold project in WA as they continue their quest to revive the historic gold mining region. The partners have already enjoyed significant success at the project with long, ounce plus intersections already rolling off the drillbit at Youanmi.

Bulls N' Bears 16 Mar 2020

Venus spots new geophysical anomalies near Youanmi

Venus Metals, along with its JV partner Rox Resources, has just finished flying an Xcite airborne electromagnetic survey, or “HEM” at its Penny West Deep South Project near Youanmi in WA that has identified what looks to be some compelling geophysical zones of interest along the prospective Youanmi shear zone. These zones have a higher electrical conductivity than the surrounding rocks, which may indicate that sulphide minerals are present at depth.

Bulls N' Bears 04 Nov 2019

Venus/Rox hit gold near Penny West mine

Venus Metals and Rox Resources have hit high grade gold in aircore drilling at their Venus JV project near Youanmi in WA. The drilling is located north of the old Penny West gold mine and Spectrum Metals' recent much-heralded Penny North discovery. Best numbers came in at 4 meters grading just over 7 grams per tonne from 24m depth and 5m grading nearly 2.5 grams per tonne from 60m downhole.

Bulls N' Bears 23 Oct 2019

Venus sniffs out new copper-nickel targets with EM survey

Venus Metals has completed a high-powered, electromagnetic geophysical survey at its Vidure copper-nickel prospect that has thrown up at least four shiny new massive sulphide targets. The Vidure copper-nickel prospect is located near the Youanmi region of WA with Venus set to drill test its new targets in the area shortly. Two of the new targets have conductivities that are directly comparable to the existing Vidure discovery EM results.

Bulls N' Bears 17 Oct 2019

Venus kicks off EM survey at WA base metals play

Venus Metals has commenced a high-powered, EM geophysical survey at its Vidure copper-nickel prospect, located near the ever-popular Youanmi region in WA, where historical drilling by WMC and BHP outlined anomalous base metal and silver mineralisation. The survey will penetrate up to 500m, where the company previously interpreted poorly constrained, down-dip and down-plunge extensions to the defined mineralisation.

Bulls N' Bears 15 Oct 2019

Venus/Rox outline strong gold, base metal assays in WA

Venus Metals and Rox Resources have revealed some anomalous gold, copper, zinc and lead assays from their initial aircore drilling program that is located adjacent to high-grade gold occurrences at Currans Find North and Spectrum Metals' recent revered gold find near Youanmi in WA. The shallow drilling identified several intersections worthy of follow up, with gold peaking at 0.73g/t, copper at 0.23%, zinc at 0.29% and lead at 0.15%.

Bulls N' Bears 11 Oct 2019

Venus options out WA lithium ground

Venus Metals has granted a $50,000 option to Ascan Capital for the possible purchase of one of its Nardoo Hill lithium project tenements in WA's Gascoyne region. If the 90-day option is exercised, a $350,000 purchase price will be payable via a future share issue and mining royalty to Venus. The company, along with JV partner Rox Resources, continues to focus on high-grade gold discoveries near Youanmi in the State's Murchison district.

Bulls N' Bears 27 Aug 2019

Currans Find upgraded with new assays from Venus/Rox

Venus Metals and Rox Resources have revealed that 1m interval drilling assays from their Currans Find North gold discovery near Youanmi, WA, have provided significant upgrades to the initial 4m composite samples tabled earlier this month. New high-grade results included 3m @ 32.58g/t gold from 115m and 4m @ 9.25g/t gold from 46m down-hole, which contained a 2-metre section at 16.05g/t gold from 48m.

Bulls N' Bears 21 Jun 2019

Venus-Rox to develop Youanmi gold mine in WA

Venus Metals has this week pocketed $2.55m and a swag of shares in fellow ASX-listed company Rox Resources after the companies established a 50/50 joint venture agreement for the prospective Youanmi gold mine leases in WA. Several other JV agreements have now also commenced, which focus more on near-mine and regional exploration activities in the underexplored Youanmi greenstone belt.

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