Ventnor Resources (ASX: VRX) has recently delivered some high graded copper intersections to the market from the strategically located Thaduna and Green Dragon project.
The most recent highlights from Thaduna and Green Dragon included:
- 37 metres at 2.61% copper from 111 metres, including 10 metres at 7.53% copper; and
- 62 metres at 2.19% copper from 125 metres, including 32 metres at 3.10% copper.
The outcome of these discoveries is that they support a conceptual target of deeper primary mineralisation.
The company has now been granted a trading halt by the ASX pending the release of a proposed capital raising announcement.
The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Tuesday 7 February.
Originally published at: http://www.proactiveinvestors.com.au/companies/news/24829/ventnor-resources-granted-halt-pending-capital-raising-details-24829.html
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