Venus Metals Corporation Ltd (ASX:VMC) has delineated conductive trends and anomalies associated with gold mineralisation at Sandstone-Bellchambers Gold Project in Western Australia.
A recent Xcite airborne electromagnetic (HEM) survey has defined 25 anomalies of which 10 are high-priority targets.
These high-priority targets are along the interpreted mineralised Western Ridge-Mickey Well trend.
Targets correlate to historical anomalies
Of high significance are mid- to late-time anomalies BC20 to BC24, which have been delineated in the south of the survey area and represent discrete EM responses ranging in strike length from 200 metres to 400 metres.
Targets BC20 and BC24 appear to correlate with historical geochemical gold anomalies defined by Aquila and more recent reconnaissance geochemical sampling by Venus returned up to 3.38 g/t gold at BC24.
Image showing high priority southern targets with geochemical results
Recent geological field studies underscore the importance of stratigraphic controls on gold mineralisation along the Western Ridge-Mickey Well gold trend, where gold mineralisation occurs within sheared sediments along the contact with Banded Iron Formation (BIF) and mafic to ultramafic rocks.
Modelling of the high priority EM targets is in progress and drill testing of potential conductive target plates is scheduled to begin as soon as possible.
