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Venari Minerals NL (ASX: VMS) has reported highly encouraging results from a comprehensive soil sampling program at its Needles Gold Project in Nevada, USA, reinforcing the project’s large-scale epithermal gold-silver discovery potential. The 820-point sampling campaign delineated six significant multi-element soil anomalies characterized by strong gold and arsenic associations, along with elevated silver, antimony, and mercury values—key indicators of epithermal mineralization. Most anomalies are situated near mapped faults and intersections, highlighting structurally controlled mineralization zones, with none having been drill-tested to date.
These findings significantly expand Venari’s exploration pipeline, identifying multiple untested targets. The Company is currently interpreting results from a recent airborne magnetic-radiometric survey and awaiting delayed assay results from an eight-hole RC drilling program, expected in the coming weeks. Executive Chairman Tony Leibowitz emphasized the strong geochemical signatures and the substantial untapped exploration upside across the Needles Project.
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