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Venus Metals and Rox Resources resume RC drilling at Youanmi Gold Project

The last phase of RC drilling at Currans North intersected two stacked lodes and showed an increase in gold grade and width in the Upper Lode.

Volt Resources Ltd - Venus Metals and Rox Resources resume RC drilling at Youanmi Gold Project
Previous drilling indicated similarities with the historical Penny West gold mine

Venus Metals Corporation Ltd (ASX:VRC) and joint venture partner Rox Resources Ltd (ASX:RXL) have resumed reverse circulation (RC) drilling at the Youanmi Gold Project in Western Australia.

The drilling program will explore the down-plunge and along-strike extensions of the high-grade gold mineralisation that was intersected in previous drilling at the Currans Find North Prospect.

Location of planned RC holes at Currans Find North

The last phase of RC drilling at Currans North intersected two stacked lodes and showed an increase in gold grade and width in the Upper Lode.

The results also demonstrated, the gold mineralisation remains open at depth and down-plunge and exploring its down-plunge continuity is the objective of the current RC program.

Similarities with Penny West gold mine

Gold mineralisation at Currans North, often of very high grade, is hosted in multiple quartz veins within mafic, ultramafic and intermediate rocks.

These rock types are also host to the historical Penny West gold mine, the Penny North and the Columbia–Magenta prospects south of Currans Find.

Previous drilling showed, high-grade gold mineralisation is often associated with accessory galena and other base metal sulphides, indicating further potential similarities with the historical Penny West gold mine.

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