{"id":69248,"date":"2026-01-30T02:58:25","date_gmt":"2026-01-30T05:58:25","guid":{"rendered":"https:\/\/tech.einnews.com\/article\/887848905"},"modified":"2026-01-30T02:58:25","modified_gmt":"2026-01-30T05:58:25","slug":"venus-taps-csiro-tech-to-unearth-hidden-wa-gold-targets","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/01\/30\/venus-taps-csiro-tech-to-unearth-hidden-wa-gold-targets\/","title":{"rendered":"Venus taps CSIRO tech to unearth hidden WA gold targets"},"content":{"rendered":"<div data-testid=\"ad-sticky-container\" class=\"sc-dfb011b6-0 dncfJv\">\n<div class=\"container\"><\/div>\n<\/div>\n<header class=\"sc-12aa4a36-0 gQVHPI\">\n<p class=\"sc-12aa4a36-3 gVpymT\">Brought to you by<!-- --> <!-- -->Bulls N\u2019 Bears<\/p>\n<div class=\"sc-5cbbddda-0 cRMyzw\">\n<div data-testid=\"article-author\" class=\"sc-5cbbddda-1 kekTYX\">\n<div>\n<p><span class=\"sc-5cbbddda-4 bILnXn\">Doug Bright<\/span><\/p>\n<p data-testid=\"article-datetime\" class=\"sc-5cbbddda-5 jMFiFd\"><span class=\"sc-a243f860-0 dLDTDi\"><time data-testid=\"storytile-timestamp\" datetime=\"2026-01-30T15:24:50+10:00\">January 30, 2026<!-- --> \u2014 3:24pm<\/time><\/span><\/p>\n<\/div>\n<\/div>\n<div class=\"sc-7132c98c-0 hMrcSL noPrint\" data-testid=\"article-actions\">\n<div class=\"sc-7132c98c-1 cbqDrw\">\n<div class=\"sc-f9e3ccff-0 cGFoDo\"><button aria-label=\"Save article to read later\" role=\"switch\" type=\"button\" class=\"sc-f9e3ccff-1 bDLMyZ\"><span class=\"sc-f9e3ccff-2 bBuibL\">Save<\/span><\/button><\/p>\n<div aria-hidden=\"true\" class=\"sc-ba6ddcd9-0 bnZsbn sc-d1b14060-3 bnLMbo\" role=\"tooltip\">\n<p class=\"sc-d1b14060-4 NcyxX\">You have reached your maximum number of saved items.<\/p>\n<p>Remove items from your <a href=\"https:\/\/www.brisbanetimes.com.au\/goodfood\/saved\" class=\"sc-3f16ee48-12 sc-d1b14060-2 kfUMNO ivkaTQ\">saved list<\/a> to add more.<\/p>\n<\/div>\n<div aria-hidden=\"true\" class=\"sc-ba6ddcd9-0 dpTpUw sc-369d9219-0 ipWbwh\" role=\"tooltip\">\n<p class=\"sc-369d9219-1 eGTSJh\">Save this article for later<\/p>\n<p class=\"sc-369d9219-2 crcSSW\">Add articles to your saved list and come back to them anytime.<\/p>\n<p><button type=\"button\" class=\"sc-3f16ee48-0 sc-3f16ee48-6 sc-369d9219-3 dXbfCd eAOsPn gxYZHU\">Got it<\/button><\/div>\n<\/div>\n<p><button aria-label=\"Set font size to normal\" class=\"sc-f7fd8257-1 ixzFNX\">A<\/button><button aria-label=\"Set font size to larger\" class=\"sc-f7fd8257-1 erDYvl\">A<\/button><button aria-label=\"Set font size to very large\" class=\"sc-f7fd8257-1 erEaaR\">A<\/button><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/header>\n<aside class=\"sc-67b869c7-6 cFwlqx\"><\/aside>\n<div class=\"sc-80607c67-0 gdRzoe\">\n<p>Venus Metals Corporation has unlocked fresh exploration upside at its Bellchambers gold project near Sandstone in WA\u2019s Mid West region, thanks to a CSIRO-led hyperspectral study that has pinpointed new, undrilled anomalous zones closely linked to gold potential.<\/p>\n<p>The work, undertaken in partnership with the CSIRO\u2019s Kick-Start program, used advanced \u201cmineral fingerprinting\u201d technology that employs satellite hyperspectral imagery of the Earth\u2019s surface.<\/p>\n<figure class=\"sc-4820f69c-1 fhsnES\"><button aria-label=\"enlarge image\" type=\"button\" class=\"sc-4820f69c-5 bsFdcS\"><\/p>\n<div class=\"sc-f6db6fb8-0 finHbW\"><img data-opt-id=758893364  fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/i2.wp.com\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/810093bda9130cf684e145ac0d5df13e6cdb385a23523fe0c107b0c60f1a71c1?ssl=1&w=75&resize=75&ssl=1 75w, https:\/\/i2.wp.com\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/810093bda9130cf684e145ac0d5df13e6cdb385a23523fe0c107b0c60f1a71c1?ssl=1&w=100&resize=100&ssl=1 100w, https:\/\/i2.wp.com\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/810093bda9130cf684e145ac0d5df13e6cdb385a23523fe0c107b0c60f1a71c1?ssl=1&w=150&resize=150&ssl=1 150w, https:\/\/i2.wp.com\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/810093bda9130cf684e145ac0d5df13e6cdb385a23523fe0c107b0c60f1a71c1?ssl=1&w=240&resize=240&ssl=1 240w, https:\/\/i2.wp.com\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/810093bda9130cf684e145ac0d5df13e6cdb385a23523fe0c107b0c60f1a71c1?ssl=1&w=320&resize=320&ssl=1 320w, https:\/\/i2.wp.com\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/810093bda9130cf684e145ac0d5df13e6cdb385a23523fe0c107b0c60f1a71c1?ssl=1&w=500&resize=500&ssl=1 500w, https:\/\/i2.wp.com\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/810093bda9130cf684e145ac0d5df13e6cdb385a23523fe0c107b0c60f1a71c1?ssl=1&w=640&resize=640&ssl=1 640w, https:\/\/i2.wp.com\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/810093bda9130cf684e145ac0d5df13e6cdb385a23523fe0c107b0c60f1a71c1?ssl=1&w=800&resize=800&ssl=1 800w, https:\/\/i2.wp.com\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/810093bda9130cf684e145ac0d5df13e6cdb385a23523fe0c107b0c60f1a71c1?ssl=1&w=1024&resize=1024&ssl=1 1024w, https:\/\/i2.wp.com\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/810093bda9130cf684e145ac0d5df13e6cdb385a23523fe0c107b0c60f1a71c1?ssl=1&w=1280&resize=1280&ssl=1 1280w, https:\/\/i2.wp.com\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/810093bda9130cf684e145ac0d5df13e6cdb385a23523fe0c107b0c60f1a71c1?ssl=1&w=1600&resize=1600&ssl=1 1600w\" alt=\"A drill rig in action at Venus Metals Corporation\u2019s Bellchambers gold project near Sandstone in Western Australia.\" loading=\"lazy\" fifu-data-src=\"https:\/\/i2.wp.com\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/810093bda9130cf684e145ac0d5df13e6cdb385a23523fe0c107b0c60f1a71c1?ssl=1\" class=\"sc-f6db6fb8-1 gaGQmv\"><\/div>\n<p><\/button><figcaption data-testid=\"figure-caption\" class=\"sc-4820f69c-0 hMRMLa\"><span>A drill rig in action at Venus Metals Corporation\u2019s Bellchambers gold project near Sandstone in Western Australia.<\/span><\/figcaption><\/figure>\n<p>The tech captures specific invisible light wavelengths, coupled with high-resolution drill-core scanning using its proprietary HyLogger-3 system, followed by on-ground verification.<\/p>\n<p>The combined technologies can map subtle changes in rock minerals that often signal nearby gold. At Bellchambers, the signatures tie closely to alteration changes in the mineral chlorite, which often exhibits significant iron enrichment near gold mineralisation.<\/p>\n<\/div>\n<div class=\"container\"><\/div>\n<div class=\"sc-80607c67-0 gdRzoe\">\n<p>By spotting this signature in drill cores and scaling it up to satellite views, the study has highlighted anomalies across the tenement &#8211; including in areas never previously drilled.<\/p>\n<p>The imagery has also helped distinguish rocks in their original position from material that has been transported by weathering and erosion. This improves confidence in surface targets and makes it easier to link shallow indicators with deeper gold systems.<\/p>\n<p>The new hotspots will be verified by field checks and fed into Venus\u2019 exploration model, sharpening the hunt for extensions and new zones at Bellchambers.<\/p>\n<p>The project already packs a solid punch, with the combined Bellchambers and Range View resource hosting 766,000 tonnes at 1.27 g\/t gold for 31,400 ounces. With gold pushing towards A$7400 an ounce, the in-ground value of that resource is likely to stretch well into nine figures.<\/p>\n<p>Adding to that eye-watering notion, Venus also estimates a conceptual exploration target for the two zones of 800,000\u2013900,000 tonnes at 1.75\u20132.0g\/t gold, for a further 45,000-60,000 ounces. Not surprisingly, the company is eyeing a pre-feasibility study later this year.<\/p>\n<\/div>\n<div class=\"container\"><\/div>\n<div class=\"sc-80607c67-0 gdRzoe\">\n<p>The CSIRO-backed progress firmly strengthens Venus\u2019 argument that the company is grossly undervalued, especially given QGold\u2019s opportunistic 21c-per-share on-market bid which values the company at just $41.5 million, which closes today.<\/p>\n<p>Venus\u2019 board has called the bid a far cry from its total combined asset reality and has recommended that shareholders reject the offer.<\/p>\n<p>The new Bellchambers exploration revelations also dovetail neatly with the company\u2019s launch yesterday of a full strategic review by Sydney\u2019s amicaa Advisors, aimed at maximising shareholder value from the company\u2019s WA portfolio.<\/p>\n<p>Standout assets for such a valuation already include the Venus\u2019 1 per cent net smelter royalty over Rox Resources\u2019 2 million ounce Youanmi gold project &#8211; recently independently assessed at A$40 million &#8211; and a 50 million Rox shareholding, worth about A$30 million at recent prices, delivering almost A$70 million in Youanmi-linked exposure alone.<\/p>\n<p>And this is even before considering Bellchambers\u2019 inherent values and the total combined value of other tenures, joint ventures, commodity or other assets.<\/p>\n<\/div>\n<div class=\"container\"><\/div>\n<div class=\"sc-80607c67-0 gdRzoe\">\n<p>With gold firm and assets like these in play, today\u2019s hyperspectral win at Bellchambers highlights Venus\u2019 true worth, which appears to far outstrip current market pricing as the bid expires and the broader picture comes into sharper focus.<\/p>\n<p><em>Is your ASX-listed company doing something interesting? Contact: <\/em><a class=\"inline-link\" href=\"mailto:mattbirney@bullsnbears.com.au\" rel=\"noopener noreferrer\" target=\"_blank\"><em>mattbirney@bullsnbears.com.au<\/em><\/a><\/p>\n<\/div>\n<div data-testid=\"article-footer\" class=\"sc-780f6c39-0 gMidPz\">\n<div class=\"sc-780f6c39-1 bXzMFW noPrint\">\n<div class=\"sc-780f6c39-2 fDvLNJ\">\n<div class=\"sc-f9e3ccff-0 cGFoDo sc-780f6c39-3 csnzsK\"><button aria-label=\"Save article to read later\" role=\"switch\" type=\"button\" class=\"sc-f9e3ccff-1 bDLMyZ\"><span class=\"sc-f9e3ccff-2 bBuibL\">Save<\/span><\/button><\/p>\n<div aria-hidden=\"true\" class=\"sc-ba6ddcd9-0 BgjOX sc-d1b14060-3 bnLMbo\" role=\"tooltip\">\n<p class=\"sc-d1b14060-4 NcyxX\">You have reached your maximum number of saved items.<\/p>\n<p>Remove items from your <a href=\"https:\/\/www.brisbanetimes.com.au\/goodfood\/saved\" class=\"sc-3f16ee48-12 sc-d1b14060-2 kfUMNO ivkaTQ\">saved list<\/a> to add more.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<section class=\"sc-3dbe4134-0 eKUqbd sc-df8e6ee0-0 noPrint\" data-an-name=\"From our partners\" data-an-cu-group=\"everything\" data-an-cu-name=\"From our partners\" data-an-cu-position=\"4\" data-testid=\"from-our-partners-strap\">\n<header class=\"sc-84567ec1-0 ea-dUAB\">\n<h2 data-pb-type=\"hi\" class=\"sc-84567ec1-1 UmHhJ\"><span>From our partners<\/span><\/h2>\n<\/header>\n<div class=\"sc-df8e6ee0-1 dKvVOU\">\n<div class=\"container\"><\/div>\n<div class=\"container\"><\/div>\n<\/div>\n<\/section>\n<p><strong><a href=\"https:\/\/blockads.fivefilters.org\"> <\/a><\/strong> <a href=\"https:\/\/blockads.fivefilters.org\/acceptable.html\"> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8230; program, used advanced \u00e2\u0080\u009cmineral fingerprinting\u00e2\u0080\u009d <span class=\"match\">technology<\/span> that employs satellite hyperspectral imagery &#8230; Sandstone in Western Australia.The <span class=\"match\">tech<\/span> captures specific invisible light wavelengths &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-69248","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/69248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=69248"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/69248\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=69248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=69248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=69248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}