Venus Metals Unveils 8-12 Million Tonnes Zinc-Indium Target at Youanmi

Exploration Target Defined at Pincher Well

Venus Metals Corporation has taken a significant step forward in its Youanmi Base Metals Project by defining a JORC 2012 compliant Exploration Target for zinc and indium mineralisation at the Pincher Well area. Situated approximately 15 kilometres southwest of the Youanmi Gold Mine, currently under development by Rox Resources, and 12 kilometres south of Venus’s own titanium-vanadium-iron deposit, this target highlights the growing potential of the Youanmi region as a multi-commodity mining hub.

The Pincher Dome Volcanogenic Massive Sulphide (VMS) Trend, which extends over five kilometres, hosts several known zinc and copper prospects. Venus’s target is based on a 1% zinc cutoff and estimates between 8 and 12 million tonnes of ore grading 1.80 to 2.20% zinc and 7 to 9 grams per tonne of indium. These figures derive from a combination of historic drilling data and recent exploration efforts, including 52 drill holes totalling over 7,200 metres.

Geological Context and Modelling

The mineralisation at Pincher Well is typical of VMS deposits, hosted within felsic to intermediate volcanic and sedimentary rocks. The ore body is relatively shallow, with thicknesses ranging from less than 5 metres on the edges to around 20 metres centrally. Using advanced modelling software, the company has applied an Inverse Distance Squared method to estimate tonnage and grade, although it emphasises that the current data is insufficient to classify the target as a Mineral Resource under JORC standards.

Venus Metals’ subsidiary, Redscope Enterprises, holds the relevant tenements, which benefit from proximity to established infrastructure in the Youanmi region, including access roads and power linked to historical and ongoing mining operations nearby. This logistical advantage could be critical in advancing the project towards development.

Next Steps, Drilling and Resource Definition

To move beyond the conceptual Exploration Target, Venus Metals plans a comprehensive Reverse Circulation drilling campaign scheduled between July and November 2026. This program aims to infill and extend the current drilling footprint to a maximum depth of 150 metres, potentially enabling the definition of a Mineral Resource. The shallow nature of the deposit also opens the possibility of a near-surface open pit operation, which could accelerate project economics if confirmed.

The company has been transparent about the exploratory nature of the target, noting that further drilling is required to confirm the extent and grade continuity of the mineralisation. The upcoming drilling results will be pivotal in determining whether the Pincher Well deposit can be upgraded to a resource suitable for development.

Strategic Positioning in a Growing Region

Venus Metals’ portfolio spans a range of commodities including gold, copper, lithium, titanium, and vanadium, positioning the company well within Western Australia’s resource-rich landscape. Its 1% royalty interest in the Youanmi Gold Mine and significant shareholding in Rox Resources further underline its strategic involvement in the region’s mining future.

With zinc and indium both critical to emerging technologies and industrial applications, the Pincher Well target adds a compelling dimension to Venus Metals’ base metals ambitions. Indium, in particular, is a rare metal used in electronics and solar panels, making this deposit potentially valuable beyond traditional base metal markets.