Klirou is a virgin discovery and an intact Resource calculated to contain 3.3Mt @ 0.54% Cu, 0.6% Zn and 13.55% Sulphur (JORC 2012). Mineralisation extends from surface to a depth of ~150m in a series of northeast plunging ‘shoots’. The mineralisation remains open to the northeast.

Historical drilling highlighted the presence of significant and widespread gold, with a best intercept of 48m @ 1.15g/t in the core of the Eastern shoot, suggesting that the value of the Resource could be significantly upgraded with the inclusion of gold. Venus will be aiming to achieve that during 2021.

Venus has carried out detailed geological mapping, rock chipping and down-hole geochemistry during 2020. The revised geological model is throwing light on the mineralisation model and aiding the targeting of extensions to the deposit.

The mapping and rock chipping also identified significant gold mineralisation ~100m to the north of the deposit, with sample assays up to 7.3g/t gold and 22.6g/t silver (EMR_AB05703).

The prospect is close to the historical Sha open-pit mine, which produced 350,000t at 1.0% copper and 30% sulphur. Sha was principally mined for the sulphur.

The New Sha prospect was mined by the ancients as evidenced by the presence of slag. Both the eastern and western deposits outcrop as gossans, where significant amounts of malachite can be observed.

Venus has completed a detailed geological map of the licence area in conjunction with preliminary XRF soils analyses.

Venus recently completed a JORC 2012 resource calculation based on the historical drilling in the Eastern and Western zones. The Inferred Resource is a solid base on which to build with further drilling planned.