Venus Metals Corporation Ltd (ASX:VMC) and Rox Resources Ltd (ASX:RXL) have significantly upgraded the results from their recent discovery of high-grade gold intersections at the Currans Find Joint Venture gold project in WA.
Results for one-metre samples taken from reported four-metre composite drilling intervals have significantly upgraded the previous results:
- CFRC26: 3 metres at 32.58 g/t gold from 115 metres including 1 metre at 76.03 g/t gold from 115 metres (previously reported as 8 metres at 7.81 g/t gold from 112 metres)
- CFRC42: 4 metres at 9.25 g/t gold from 46 metres including 2 metres at 16.05 g/t gold from 48 metres (previously reported as 8 metres at 2.29g/t gold from 44 metres)
Location of reverse circulation (RC) drill holes (Stages 1-3) at Currans Find North
In addition, Stage 1 and Stage 2 RC drilling has revealed the following bonanza-grade gold intersections:
- CFRC16: 3 metres at 27.5 g/t gold from 39 metres including 1 metre at 72.67 g/t gold from 39 metres
- CFRC14: 2 metres at 13.34 g/t gold from 61 metres including 1 metre at 25.38 g/t gold from 61 metres
Gold mineralization at Currans Find is hosted in multiple northeast trending quartz veins within mafic, ultramafic and intermediate rocks.
These rock types are also host to the Penny West and Columbia–Magenta deposits south of Currans Find. It is a feature of the deposits that they show very high gold grades.
Stage 3 RC drilling comprising 4 holes and one hole-extension, for a total of 602 metres has been completed at Currans Find with one-metre assay results and multi-element analyses pending.