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Ventnor Resources Targets Deeper Copper Mineralisation At Thaduna

Ventnor Resources (ASX: VRX) is on the hunt for deeper copper mineralisation at its Thaduna and Green Dragon copper project below the current drill depth of 300 metres with plans to undertake down hole electromagnetic (DHEM) surveys.

A recent four hole, 1,772 metre deep reverse circulation pre-collared diamond drill hole program was designed to test the depth potential below the stronger zones under the existing Thaduna pit.

Importantly, mineralisation encountered in the deep drilling justifies additional investigation of the potential for deeper mineralisation.

So far drilling has intersected mineralised structures at a vertical depth of 300 metres at Thaduna and 200 metres at Green Dragon.

Bruce Maluish, managing director, commented:

"From the mineralisation we have seen in the recently drilled diamond core, we are encouraged to survey these holes with DHEM.

"This technique can target the search for deeper mineralisation below our current drill depth of 300 metres below the surface."

In combination with the Thaduna program, two holes at Green Dragon will also be DHEM surveyed to test for deeper conductors.

It is expected that this DHEM program will map the conductive mineralised structure in excess of 100 metres away from known mineralisation.

If successful, Ventnor is planning follow up drilling to increase the known strike length and depth of mineralisation.

Exploration progress

Highlighting the progress being made at Thaduna and Green Dragon, to date a total of 149 reverse circulation drill holes for 19,672 metres and 19 diamond tails for 2,317 metres has been completed at Thaduna.

Meanwhile, at Green Dragon a total of 90 reverse circulation holes for 11,703 metres and two HQ diamond holes for 390 metres has been completed.

Ventnor is targeting a JORC Resource to 200 metres below surface at both prospects by the end of July, following the completion of the current phase four drilling program in mid-June.

Strategically located

The region in which Thaduna and Green Dragon is located is rapidly turning into one of the biggest, if not the best, emerging copper districts in Australia.

Highlighting the prospectivity, Sandfire Resources' (ASX: SFR) massive De Grussa project is just 40 kilometres away, with a group of explorers in the region discovering high grade copper during 2011.

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