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Venus Metals update on Mr Taylor at Currans Find JV Mining Lease

Mining News - Published on Thu, 25 Apr 2019

Image Source: Venus Metals
Venus Metals Corporation Limited has completed an initial evaluation of historical exploration data and new information provided by the vendor Mr Taylor at Currans Find JV Mining Lease (M57/641).

- A near-surface untested strongly gold-mineralized quartz reef has recently been discovered by Mr Taylor. This reef, informally named 'Taylor's Reef', occurs in an area where almost no historical drilling has taken place and it therefore forms a high-priority target for the upcoming drilling program. Interestingly, the new Taylor's Reef appears to have a more easterly strike orientation than the northeast trending historical reefs.

- Historical high-grade gold intersections in RC and RAB drilling, together with historical rock chip and soil analyses delineate several priority drill targets at the historical Red White and Blue Mine and the Currans North Mine. The best intersections reported in RC drilling at Currans North and Currans include:

6CURC0008 3m @ 9.17 g/t Au from 46m including
1m @ 22.7 g/ from 47m

6CURC0012 2m @ 3.37 g/t Au from 36m including
1m @ 5.92 g/t Au from 37m

6CURC0006 3m @ 2.79 g/t Au from 40m

6CURC0003 4m @ 2.23 g/t Au from 40m (4m composite)
4m @ 2.19 g/t Au from 48m

The Currans Find Mining Lease is a historical high-grade gold producer and is the site of all previous past production at Currans Find. Additional gold targets exist within the adjacent Joint Venture Leases

Source :

Posted By : Sanju Moirangthem on Thu, 25 Apr 2019
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