Ventnor recently extended the Phase Four drilling program after last months oversubscribed placement to institutions and sophisticated investors raised around $4 million.
The funds were allocated to drill to a depth of 300 metres - which follows the recent significant assays and intercepts discovered in bornite copper mineralisation.
These highlights from the beginning of August included; 5 metres at 7.00% copper, including 2.7 metres at 11.72% copper and 29.7 g/t silver at a 5% copper cutoff; 9.5 metres at 4.40% copper; and 13 metres at 3.57% copper.
The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Monday 1st October 2012.
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