Venus Metals (ASX:VMC) Reports Positive Exploration Results at Henderson Gold Project
Exploration Results
Venus Metals Corporation Limited (ASX: VMC) announced positive results from recent exploration activities at its Henderson Gold Project in Western Australia. Stage 1 drilling at the historic Hilltop Gold Mine returned significant gold mineralisation, including 4m @ 10.3 g/t Au from 24m depth, with a high grade of 25.1 g/t Au over 1m.
Rock Chip Sampling
Ongoing rock chip sampling programmes at Hilltop and regional targets yielded up to 17.8 g/t Au along the Southern Line, confirming high-grade surface mullock. Additionally, regional sampling in the Snake Hill area returned up to 14.03 g/t Au, highlighting potential prospects.
Future Plans
Venus Metals plans to undertake Stage 2 RC drilling at Hilltop to further define the high-grade lode’s orientation and depth, as well as additional exploration at Snake Hill based on recent sampling successes.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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