Latest Youanmi News

Neometals reports significant gold intersections from recent drilling at its Barrambie Gold Project, confirming a high-grade plunging corridor at Ironclad and outlining plans for diamond drilling to test deeper extensions.

Venus Metals Corporation reports solid assay results from 7 reverse circulation holes at its Sandstone Bellchambers Gold Project, underpinning a 31,400-ounce global resource. The drilling highlights consistent gold mineralisation hosted in sheared sulphide-rich sediments with further exploration planned.

Rox Resources has signed a binding Native Title Mining Agreement with the Badimia Barna Native Title Claim Applicant, clearing a critical hurdle for the Youanmi Gold Mine in Western Australia and setting a framework for cultural heritage and community benefits.

Rox Resources (ASX: RXL) has reported strong underground drilling results at Youanmi’s United North area, with mineralisation extending beyond the Definitive Feasibility Study (DFS) mine plan and infrastructure contracts advancing, keeping the project on track for mid-2027 gold production.

Venus Metals Corporation is returning $35 million to shareholders via a special cash dividend funded by the recent sale of its Youanmi Gold Project royalty to Franco-Nevada. The dividend is largely franked and follows an earlier in-specie distribution of Rox Resources shares.

Venus Metals Corporation (ASX:VMC) has fortified its balance sheet with a $47 million sale of its Youanmi Gold Project royalty, rebuffed a hostile takeover, and set in motion significant shareholder returns including a $35 million cash dividend.

Western Mines Group (ASX:WMG) has wrapped up its Phase 5 drilling at Mulga Tank, delivering standout nickel-cobalt-copper assays and securing a $250,000 government grant for a seismic survey. Post-quarter, a $2.74 million capital raise led by Lowell Resources Fund boosts its exploration firepower.

Rox Resources has secured full permits and major contracts to push forward construction at Youanmi, with mining and processing plant works advancing towards a mid-2027 gold pour.

Rox Resources (ASX: RXL) is on track to become a significant gold producer with its Youanmi Gold Project, backed by a robust Definitive Feasibility Study and full funding. The project targets 117kozpa initially, with ambitions to surpass 150kozpa through ongoing exploration and development.

Rox Resources has delivered strong drilling results at its Youanmi Gold Mine, confirming promising underground grades and new exploration targets that could extend mine life beyond current plans.

Rox Resources has received the last major environmental approval for its Youanmi Gold Mine, enabling full-scale construction of the processing plant and advancing underground mining ahead of schedule.

Venus Metals (ASX:VMC) is set to distribute 25 million Rox Resources shares to shareholders and signals a potential $35 million cash dividend following its Youanmi royalty sale.