Venus Metals to launch PFS over WA Sandstone gold project

The West Australian2025-12-29

Venus Metals Corporation has kicked off preparations for a pre-feasibility study (PFS) over its Bellchambers gold project, about 23 kilometres southwest of Sandstone and 70km northeast of the historic...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2595202362?lang=en_US&edition=fundamental","thumbnail":"https://images.thewest.com.au/publication/C-21150153/3de5d36d85a03ec8b9667c771a3ab2df57208230.jpg","is_english":true,"pubTime":"2025-12-29 06:27","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2595202362","market":"hk","top_or_hot":-1,"title":"Venus Metals to launch PFS over WA Sandstone gold project","media":"The West Australian","content":"<div>\n<p>Venus Metals Corporation has kicked off preparations for a pre-feasibility study (PFS) over its Bellchambers gold project, about 23 kilometres southwest of Sandstone and 70km northeast of the historic...</p>\n\n<a href=\"https://thewest.com.au/business/bulls-n-bears/venus-metals-to-launch-pfs-over-wa-sandstone-gold-project-c-21150153\">Source Link</a>\n\n</div>\n","source":"thewest_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Venus Metals to launch PFS over WA Sandstone gold project</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVenus Metals to launch PFS over WA Sandstone gold project\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-12-29 06:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thewest.com.au/business/bulls-n-bears/venus-metals-to-launch-pfs-over-wa-sandstone-gold-project-c-21150153><strong>The West Australian</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Venus Metals Corporation has kicked off preparations for a pre-feasibility study (PFS) over its Bellchambers gold project, about 23 kilometres southwest of Sandstone and 70km northeast of the historic...</p>\n\n<a href=\"https://thewest.com.au/business/bulls-n-bears/venus-metals-to-launch-pfs-over-wa-sandstone-gold-project-c-21150153\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PFS","symbol_name":"Provident Financial Services Inc","start_time":0,"source_url":"https://thewest.com.au/business/bulls-n-bears/venus-metals-to-launch-pfs-over-wa-sandstone-gold-project-c-21150153","article_id":"2595202362","we_media_id":null,"thumbnails":["https://images.thewest.com.au/publication/C-21150153/3de5d36d85a03ec8b9667c771a3ab2df57208230.jpg"],"rights":{"source":"thewest_stock","url":"https://thewest.com.au/business/bulls-n-bears/venus-metals-to-launch-pfs-over-wa-sandstone-gold-project-c-21150153","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2595202362","pubTimestamp":1766960848,"columns":[],"sourceInfo":{"source_id":"thewest_stock","name":"The West Australian"},"weMediaInfo":null,"summary":"Venus Metals has begun preparations for a pre-feasibility study over its Bellchambers gold project, about 23 kilometres southwest of Sandstone in WA, following the recent grant of a key enclosing mining lease. ","collect":0,"end_time":0,"defaultTopTitle":"thewest.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"PFS":"Provident Financial Services Inc","BK4211":"区域性银行","BK4195":"互助储蓄与抵押信贷金融服务"},"translate_title":"Venus Metals将对西澳砂岩金矿项目启动PFS","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PFS":1.5},"content_text":"Venus Metals Corporation has kicked off preparations for a pre-feasibility study (PFS) over its Bellchambers gold project, about 23 kilometres southwest of Sandstone and 70km northeast of the historic Youanmi gold project in Western Australia.The Bellchambers gold deposit occupies a 415 hectare granted mining lease, 90 per cent owned by Venus, covering both the Bellchambers and adjacent Rangeview prospect.The mining lease is enclosed by the southernmost of two contiguous exploration licences which includes a prospective folded greenstone sequence.The current Bellchambers mineral resource estimate stands at 754,000 tonnes averaging 1.27 grams per tonnes (g/t) gold for 30,800 ounces. The resource includes 8800 ounces in the measured category alongside 17,900 ounces and 4500 ounces in the indicated and inferred categories, respectively.An optimised pit-constrained subset of the resource at a 0.5g/t gold cut-off grade and a A$4500 per ounce gold price looks set to deliver 437,500 tonnes at 1.36g/t gold for 19,130 ounces of the metal.The current gold price remains close to all-time highs at around A$6700 per ounce, offering a significant safety margin above the price employed during resource estimate optimisation.Following the grant of the key mining lease enclosing Bellchambers earlier this year, Venus has appointed a number of key consultants to advance the environmental, hydrological and waste management studies required for its mining development and eventual closure proposals.The Board has committed to a structured 2026 work program that includes launching its PFS which it aims to complete in Q3/Q4 FY2026, followed by a full feasibility study.Venus is also seeking earthmoving and mining quotes while at the same time assessing potential joint venture opportunities. The company is also undertaking deeper drilling at its Bellchambers and Rangeview deposits through Q1 and Q2 FY2026 to expand the resource, while also engaging in regional exploration across its broader tenure.Ore treatment options under review include negotiating a mine-gate sale agreement with nearby Youanmi gold project owner Rox Resources - on a best-endeavours basis - for trucking ore to third-party mills.A recently completed collaborative research project with CSIRO, employing advanced hyperspectral techniques to enhance exploration targeting across the historic Bellchambers district, is expected to deliver its final report with newly-identified targets in early January 2026.Separately, Venus says it is looking to release its half-year report for the period ended 31 December 2025 on Monday 12 January 2026.The report is expected to include an updated independent valuation of the company’s one per cent net smelter royalty from gold produced from the nearby Youanmi mining leases.With a clear pathway now set for studies, drilling and development, Venus Metals is steadily progressing Bellchambers toward a potential production decision in the heart of Western Australia’s historic and historically productive Sandstone gold district.Is your ASX-listed company doing something interesting? Contact: matt.birney@wanews.com.au","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"productRelease","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.13","shortVersion":"4.35.13","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2595202362","isCrawlerRequest":true}