Venus Metals Corporation Limited (ASX:VMC) has confirmed the presence of high-grade gold at the Sandstone Gold Project in Western Australia with the results of a recent drilling programme.
The drilling tested structurally controlled mineralisation at the Range View and Western Ridge Prospects where the best results included: 11m @ 4.69 g/t Aufrom 12m, Including 5m @ 9.03 g/t Aufrom 18m, Including 1m @ 38.92 g/t Aufrom 20m, and 8m @ 1.22 g/t Aufrom 30m Including 1m @ 4.48 g/t Au from 30m.
Venus has conducted a reconnaissance RC drilling programme of seven holes for 460m targeting historical gold workings at the Range View and Western Ridge Prospects, located 1.5km northeast and 2.6km north from the Bellchambers Deposit respectively.
The Range View Gold Prospect is located along strike from Venus’s Bellchambers Gold Deposit. It is the largest EM target and extends along more than two km of strike and to over 500 metres depth based on Airborne VTEM modelling.
Recent RC drilling beneath historical shallow drilling identified high‐grade gold mineralisation in hole BCRC120. The gold mineralisation is open at depth and to the Eastand is interpreted as the potential southern extension of the Range View gold lodes that were mined in the early 1900’s.
In addition, 30 Aircore holes totalling 1,646m were also drilled to further explore the Western Ridge‐ Mickey Well Gold Trend.
The company said the drilling highlights the prospectivity of the Range View Gold Prospect along the eastern Bellchambers‐Rangeview Gold Trend and further RC/DD drilling is planned to explore this target area.
