Ventnor hits best copper at Thaduna

THE DRILL SERGEANT: Australian base metals company Ventnor Resources has released copper mineralisation assays, resulting from a Phase 3 drilling program undertaken on the Thaduna prospect at the company’s Thaduna and Green Dragon copper project.

The Thaduna and Green Dragon Copper Project is located 170 kilometres north of Meekatharra, Western Australia, in the Doolgunna district, and 40 kilometres east of Sandfire Resource’s, Degrussa project.

 

Thaduna location plan. Source: Company announcement

 

Best results from the drilling included:

–    37 metres at 2.61 per cent copper from 111 metres, including 10 metres at 7.53 per cent copper from 134 metres downhole; and

–    62m at 2.19 per cent copper from 125m, including 32m at 3.10 per cent copper from 127m downhole and ended in mineralisation of 3.70 per cent copper at End Of Hole, which is to be extended by diamond drilling.

The Phase 3 drilling program followed up promising results Ventnor had received from previous campaigns.

The program commenced in October 2011 and was completed December 2011, initially to determine a copper Resource at both copper prospects.

The Phase 3 drilling comprised 134 RC drillholes for 17,910m at both prospects and two diamond drillholes for 320m to extend RC drillholes at Thaduna.

“The last phase of RC and diamond drilling has discovered the primary mineralisation at Thaduna,” Ventnor Resources Bruce Maluish said in the company’s announcement to the Australian Securities Exchange.

“Deeper holes have increased our understanding of the geology and dimensions of the deposit.

“These results also contribute significantly to the grade and extent of the mineralisation and increase the potential contained copper inventory.”
 
The company said it has commenced a Phase 4 drill program which will comprise approximately 9,000m of predominantly deeper diamond core drilling down dip and along strike at both prospects with some RC infill drilling above 200m vertical.