Latest Youanmi Gold Project News

Rox Resources has successfully raised $36 million through the first tranche of its $40 million placement, with the second tranche pending shareholder approval. This capital injection aims to support its gold exploration projects in Western Australia.

Rox Resources has raised A$40 million through a strongly supported institutional placement to accelerate early development works at its high-grade Youanmi Gold Project, significantly de-risking the pathway to production.

Venus Metals Corporation has initiated a targeted RC drilling program at its Sandstone Bellchambers Gold Project aiming to upgrade and expand its existing gold resource. The company is also advancing mining lease applications and negotiating potential sales agreements to position the project for future development.

Rox Resources reports compelling assay results from its 35,000m drilling campaign at Youanmi, alongside advancing metallurgical testing and critical infrastructure upgrades, positioning the project firmly on track for its mid-2025 resource update.

Venus Metals Corporation has initiated field activities at its Bellchambers Gold Project, setting the stage for a significant drilling campaign aimed at expanding and upgrading its gold resource base.

Venus Metals Corporation reports compelling gold assay results from its Henderson and Sandstone projects, alongside advancing mining lease applications and maintaining a robust cash position of $12.4 million.

Rox Resources has advanced its Youanmi Gold Project with a $27 million capital raise and a major drilling campaign, positioning the company for production by late 2025.