THE DRILL SERGEANT: Ventnor Resources (ASX: VRX) is to commence drilling at the Silver Dragon and Fire Dragon base metal prospects within the company’s Biranup project area, 370 kilometres north-east of Kalgoorlie in Western Australia.
Ventnor Resources said the drilling was designed to define mineralisation at the two targets generated from previous EM surveys.
The company carried out two Moving Loop Electromagnetic (MLEM) geophysical surveys at the Silver Dragon and Fire Dragon prospects, including an extension to the Fire Dragon survey following a strong response at the margins of the original survey area.
“The response from the MLEM survey produced two compelling base metal anomalies, which we plan to test with this drilling campaign,” Ventnor Resources managing director Bruce Maluish said in the company’s announcement to the Australian Securities Exchange.
Ventnor Resources considers the prospectivity of both the Silver Dragon and Fire Dragon prospects to be well supported by coincident geochemical results, which are anomalous in base metals.
“The drilling at Fire Dragon will test the mineralisation of the MLEM conductor, while the hole to be drilled at Silver Dragon will be set up to enable a down hole EM survey to undertaken,” Maluish said.
Website: www. ventnorresources.com.au