Ventnor Resources (ASX: VRX) is certainly well and truly on the investor radar at the moment and last traded above $0.80, well above the $0.12 range from just four months ago.
Today the ASX granted Ventnor a trading halt pending a drilling announcement from the Thaduna and Green Dragon project, which has delivered a string of high grade intersections recently, and is strategically located 40 kilometres east of Sandfire Resources’s (ASX: SFR) Degrussa project in Western Australia.
Ventnor recently unfurled some very robust intersections that included: 5 metres at 4.2% copper from 30 metres, and 3 metres at 4.5% copper from 121 metres at Thaduna, along with 2 metres at 9% copper from 85 metres, and 12 metres at 5.1% copper from 80 metres at Green Dragon.
The halt will last until the earlier of the announcement being released on the project, or the opening of trade on Wednesday 7 December.
Originally published at: http://www.proactiveinvestors.com.au/companies/news/22981/ventnor-resources-granted-halt-pending-thaduna-and-green-dragon-announcement-22981.html
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