https://www.venusmetals.com.au/our-projects/youanmi-gold-project
Regional targeting along the Youanmi Shear ZoneHIGHLIGHTSVenus’ tenement area covers approximately 648 sq.km of the Youanmi Greenstone Belt.Multiple EM Conductors identified along the prospective Youanmi Shear between the High-grade Penny West and the Youanmi Gold Mines.
Eight EM Conductors prioritized for testing along the prospective Youanmi Shear between the high-grade Penny West and the Youanmi Gold Mines (refer VMC ASX release 23 March 2018).
Field reconnaissance confirmed the presence of quartz-veined gossanous, sheared outcrops with old gold workings within the northern part of the Penny West gold mine lease, and along strike of EM conductors. All priority conductors on Venus’ ground are under transported cover.The Company is planning further field evaluation of the EM priority targets along the Youanmi Shear Zone in preparation for drill testing.
Ann: Acquisition of Penny West - High Grade Gold, page-11
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