Grade control drilling results have shown shallow mineralisation continuity at Venus Metals and Rox Resources’ Grace deposit that forms part of the joint venture’s Youanmi gold project near Mount Magnet in WA. The partners say the latest results reconcile well with the area’s resource model and further de-risk the deposit ahead of commercialisation. Geologists often use grade control figures to determine whether there is a viable return on investment when mining the resource. Both companies say the Grace deposit presents as a potential opportunity for early open-pit mining. Venus holds 30 per cent and Rox holds the ... (full story)