Ventnor Resources discovers visible copper at Thaduna prospect, extends strike

Ventnor Resources (ASX: VRX) continues to unlock the potential of the strategically located Thaduna and Green Dragon Copper Project in the Doolgunna district of Western Australia, with new results extending the strike.

Ventnor is currently conducting a phase three reverse circulation drilling program which is designed to determine a JORC Resource to a nominal 200 metres vertical depth by extending known mineralisation at both the Thaduna and Green Dragon prospects.

The latest highlights in one hole include visible chalcopyrite/chalcocite for 11 metres from 134 metres, and discrete zones of chalcopyrite/chalcocite intervals ranging from 1 metre to 13 metres wide from 150 metres to 219 metres, and terminating with visible chalcopyrite.

In a second hole, Ventnor observed copper mineralisation for 35 metres from 198 metres, with visible chalcopyrite/chalcocite for 33 metres from 200 metres.

Importantly - these latest two intersections of primary mineralisation have broad transition zones of secondary chalcocite and primary chalcopyrite copper mineralisation which indicate a variation in depth of the transition zone and vertical levels of primary mineralisation.

At Thaduna, primary mineralisation has now been intersected over a 720 metre strike, with intersections continuing to be below the predicted footwall contact.


Ongoing drilling at Thaduna

Historic reports detailed narrow intersections of primary bornite and chalcopyrite south of the Thaduna pit, 100 metres below the surface. The results to date provide encouragement to Ventnor who will now extend the drilling programs at both Green Dragon and Thaduna.

The company expects that total reverse circulation drilling will exceed 15,000 metres and a second rig is on site for 2,000 metres of diamond drilling which has already commenced, with assays expected to start coming through from mid-January 2012.


Article originally posted at: http://www.proactiveinvestors.com.au/companies/news/23088/ventnor-resources-discovers-visible-copper-at-thaduna-prospect-extends-strike-23088.html