Market Alert: Gold and Silver Continue to Outperform with Robust Gains.

Venus Metals Secures Mining Lease for Bellchambers Gold Deposit.

Jul 25, 2025

Venus Metals Corporation Limited (ASX: VMC) has been granted the Bellchambers mining lease (M57/671), marking a key milestone in advancing its gold development strategy. The lease spans approximately 415 hectares and covers the Bellchambers gold deposit, which holds a mineral resource of 722,000 tonnes at 1.31 g/t Au for 30,500 ounces—comprising 22,100 ounces in the Indicated and 8,400 ounces in the Inferred categories.

Recent drilling results at Bellchambers and Range View returned encouraging gold intercepts, with assays including 29m @ 1.55 g/t Au and 19m @ 3.74 g/t Au. Metallurgical samples have been sent for testing, and diamond drilling is complete for geotechnical analysis. An updated Mineral Resource Estimate is underway, along with open pit optimisation and mine design planning by an expert team. This lease grant positions Venus for the potential development of an open-pit operation at Bellchambers.

 

 

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