Venus and Rox are 50/50 partners in this prospect.
Strong gold mineralization encountered at Linda Gossan Prospect:
VMC054: 9m @ 15.6 g/t Au from surface including 3m @ 35.2 g/t Au from 1m
Venus has announced an outstanding shallow gold result.
Pincher Well was considered to be a base metals project (copper and zinc) so Venus drilled it as they have 100% rights to base metals at Youanmi.
The gold result announced today was completely unexpected, which is often the way major gold discoveries are made.
The strike length is 5 kms with 12 widely spaced RC holes.
Venus told me today that they will now convene a JV meeting with Rox to discuss the exploration program to follow up this find.
Potential new gold discovery at Pincher Well.
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| Last trade - 11.56am 27/05/2024 (20 minute delay) ? |
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