Venus Metals Corporation has initiated a reverse-circulation drilling program at its Bellchambers gold project in Western Australia, aiming to unlock additional ounces by testing a conceptual exploration target beneath the existing deposit.The project, which is 90% owned by the company, currently hosts 766,000 tonnes grading 1.27 grams per tonne gold, for 31,400 ounces.

The drilling program seeks to convert the exploration target into an inferred mineral resource, with estimates suggesting potential for 45,000 to 60,000 ounces.Recent hyperspectral imaging studies with CSIRO have refined drill targeting, identifying new mineral signatures linked to gold.Strong metallurgical results, including 90-99% gold recoveries from free-milling ore, further enhance the project's viability.

The location near Rox Resources’ planned Youanmi gold operation opens opportunities for toll treatment or farm-gate sales, reducing development costs.If the higher-grade mineralisation is confirmed, Bellchambers could surpass the 100,000-ounce mark, significantly boosting its development potential.The project's strategic position and straightforward processing methods make it an attractive proposition for future mining operations.