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Venus sues DJs, Spectrum over breaches of fiduciary and confidence

WHO knew what and when will be key facts in a lawsuit lodged this afternoon in Western Australia’s Supreme Court, with Venus Metals Corporation alleging two key directors at Perth broking house DJ Carmichael used their inside knowledge to ‘steal’ the Penny West high-grade gold project.

Penny West drilling.

Penny West drilling.

For the past six months the Youanmi area has been an exploration hotspot, with Spectrum Metals delivered some high-grade hits in its maiden drilling campaign in March, suggesting a potential repeat of...

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