Ventnor hits deep mineralisation at Thaduna

THE DRILL SERGEANT: Phase 4 drilling being carried out by Ventnor Resources at the Thaduna prospect has hit deeper copper mineralisation.

The Thaduna prospect is situated on the company’s Thaduna and Green Dragon copper project located 170 kilometres north of Meekatharra, in the Doolugunna district of Western Australia.

The project sits 40km east of the Degrussa project of Sandfire Resources.

According to Ventnor a recent diamond drilled tail to extend a previous RC drill hole at the Thaduna prospect has intersected sulphide mineralisation observed over 14.0 metres from 250.6m to 264.6m down hole with chalcopyrite/bornite matrix mineralisation.

The company said this intersection represents a southerly down plunge extension to the main lode system which it considers to be evidence of an increase in grade and thickness with depth.

The core sample has been logged and cut, with half core samples having been submitted for assay.

 

The section above shows mineralisation intersected at Thaduna. Source: Company announcement

 

“This is our deepest intersection to date and primary mineralisation has now been intersected at 200 metres vertical depth,” Ventnor Resources managing director Bruce Maluish said in the company’s announcement o the Australian Securities Exchange.

“This presents a compelling case to extend the current drilling campaign to investigate the potential below this intersection.

“Five additional deeper holes have been planned along strike; sites are being prepared for drilling to be undertaken during May.”
 
The planned additional holes will be RC pre-collars with diamond tails.

The company said the holes are being projected to intersect the lode system at 300m vertically below the surface.

Ventnor has now completed a total of 137 holes for 18,431m at Thaduna.

The Phase 4 drilling, which the company commenced in January 2012, was focused on Thaduna to extend existing RC holes terminating in mineralisation with diamond tails.