YOUANMI GOLD PROJECT:
Four Joint Ventures are in place between
YOUANMI GOLD MINE (30% Venus):
- Youanmi Near Surface Resource increased by 204Koz Au to 1,004Koz.
Youanmi Mineral Resource inventory has increased by 93% from 1.7 million ounces (
HENDERSON LITHIUM PROJECT (E30/520 90% Venus):
- Outcropping LCT-Type pegmatites identified on tenement E30/520.
- Prospective pegmatites are noticeably enriched in tantalum (Ta) and niobium (Nb) with many showing elevated Lithium compositions with a maximum of 3.5% Li2O. The sampled Ta-Nb enriched pegmatites are considered to be part of zoned LCT pegmatite swarms and exploration is ongoing to identify more extensive Lithium-rich end members (ASX release
- RC drilling programme is planned.
- Phase-3 geochemical reconnaissance sampling of ultrafine soil (UF) discovers a strong lithium (Li) anomaly on E70/5315, approx. 20 km southeast of the
- Significantly, the Li anomaly is associated with elevated tin (Sn); elevated tungsten (W) and tantalum (Ta) concentrations adjoin the Li anomaly to the west. The Li anomaly measures approx. 300m x 400m and remains open to the north (refer ASX release
YOUANMI LITHIUM PROJECT (E57/983 100% Venus)
- Soil geochemical survey delineates a c. 4 km long north-northwest trending zone with lithium (Li Index) anomalies, some coinciding with pegmatite outcrops. These anomalies (Targets 1 to 3) may indicate the presence of Lithium-Caesium-Tantalum (LCT) pegmatites.
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