Venus Metals Corporation Ltd
Venus Metals Sells Youanmi Project Gold Smelter Royalty for $46m
Venus Metals sells 1% Youanmi NSR for $46m to Franco-Nevada, paving ~$0.221 per share in special dividends (cash plus Rox in-specie) to shareholders.
Venus Metals Unveils Maiden Gold Resource Estimate at Bellchambers Project
Venus Metals (ASX: VMC) has reported a maiden mineral resource estimate (MRE) at its Bellchambers gold project in Western Australia. The initial Bellchambers MRE – which Venus has calculated using historical exploration drill hole data and its own accelerated exploration work at the deposit – has come in at a 754,000 tonnes at 1.27 grams […]
Rox Resources highlights substantial increase in gold resources at Youanmi prospect
Rox Resources (ASX: RXL) expects to deliver its Youanmi gold pre-feasibility study (PFS) by June with their Western Australian project now looming as one of Australia’s most promising gold developments. Located near Mt Magnet, Youanmi now has a total mineral resource estimate (MRE) of 2.3 million ounces at 4.4 grams per tonne gold. This new […]
Venus Metals discovers multiple new lithium zones at Youanmi project
Venus Metals Corporation (ASX: VMC) has delineated multiple new zones with outcropping lithium-caesium-tantalum pegmatites from a mapping and sampling field program at the Deep South prospect within the Youanmi project in Western Australia. Geological mapping has identified the Central (grading up to 4.5% lithium oxide), East and North (both up to 4.6%) zones as common areas […]