Ventnor Resources Limited (ASX:VRX) has reached a milestone with the receipt of grants for the first two tenements at its Arrowsmith silica sands project north of Perth. The two tenements comprise the Arrowsmith Central and Arrowsmith South prospects. Ventnor has a further two contiguous exploration license applications pending, including the Arrowsmith North prospect. The company expects these to be granted in May.
- First two exploration licences granted
- Combined area of 56 blocks (167 km2 )
- Arrowsmith Central and Arrowsmith South prospects
Ventnor Resources Ltd (Ventnor or Company) (ASX: VRX) is pleased to announce the first two tenements have been granted at its Arrowsmith Silica Sands Project, located 270km north of Perth, Western Australia.
The two tenements comprise the Arrowsmith Central and Arrowsmith South prospects which form part of the Arrowsmith Silica Sand Project area.
Ventnor has a further two contiguous exploration license applications pending, including the Arrowsmith North prospect. The Company expects these to be granted in May.
Figure 1 below shows a map of the Project area.
Ventnor Managing Director, Bruce Maluish said: “This area is to the south of our Arrowsmith North project where we have encountered glassmaking quality sands. Our expectation is the same in the Arrowsmith Central area which we see having the potential for a significant silica sand resource immediately adjacent to Brand Highway and a rail connection to Geraldton Port, suitable for bulk handling.”
