logo
powered-by-canningspurple
Navigation
logo powered-by-canningspurple
  • Insight
    • Diggers and dealers
    • Insights
  • Companies
    • Accelerate Resources
    • AOG Energy
    • Artemis Resources
    • BMG Resources
    • ChemX Materials
    • Core Lithium
    • Dreadnought
    • FBR
    • Finbar
    • Gold Road Resources
    • Infinite Green
    • Inside Diggers and Dealers
    • Jupiter Mines
    • Lykos Metals
    • Magnetite Mines
    • Mineral Resources
    • NextOre
    • Northern Star
    • NRW Holdings
    • Osteopore
    • Paydirt
    • Rox Resources
    • Sandfire
    • St George Mining
    • Sundance Resources
    • VRX Silica
    • Vysarn
  • Industries
    • Broking Firm
    • Clean energy
    • Cobalt
    • Copper
    • Gold
    • Graphite
    • Insight
    • Iron ore
    • Lithium
    • Manganese
    • Mining Services
    • Nickel
    • Oil & Gas
    • Property
    • Rare Earths
    • Silica Sand
    • Technology
    • Uranium
    • Water services
    • Zinc
  • Video
  • About
  • Contact
  • Subscribe

Home / Silica Sand / Ventnor Resources – Diamond drilling planned targeting silver-cobalt anomaly

VRX Silica

  • ASX: VRX
    • Si

Ventnor Resources – Diamond drilling planned targeting silver-cobalt anomaly

  • 28 March

Ventnor Resources Limited (ASX:VRX) has planned follow up diamond drilling at the Fire Dragon prospect in the Biranup Project, located 370km NE of Kalgoorlie. The two hole drill program is following up historical bottom of hole assays including 0.32% cobalt and 28.7g/t silver. Drilling will commence in April, with results expected in the June quarter. 


  • Drilling at Fire Dragon Prospect to follow up on cobalt anomaly:
    • Significant cobalt and silver anomaly
    • Previous assay of 0.32% cobalt, 28.7g/t silver
    • Two hole diamond program

Ventnor Resources Ltd (Ventnor) (ASX: VRX) will drill two diamond holes at the Fire Dragon prospect in the Biranup Project area, 370 kilometres north-east of Kalgoorlie in Western Australia, following up on an historic bedrock multi-element assay.

Managing Director Bruce Maluish said: “The drill target has been determined by examining historic drillhole assays at the Fire Dragon prospect. The bedrock assay was from a bottom-of-hole regional drilling program and the target is planned to intersect the top of a structure that has been interpreted from recent drilling in the area.

“The drill target is in close proximity to the recent drill program at the Fire Dragon conductor, which has been used to determine the orientation of the targeted structure,” Mr Maluish said.

Detailed Information

In November 2015, Ventnor announced the identification of significant cobalt and silver anomalism at Fire Dragon, in wide spaced, vertical, historic aircore drilling (Refer ASX Announcement 16 November 2015). This type of drilling can be an effective means of vectoring into mineralisation where there has been lateral dispersion of metals during the weathering process. Fire Dragon is at the southern end of tenement E39/1828 where there exists a 20-80m thick layer of transported sand overlaying the basement. However, a typical weathering profile does not exist at Fire Dragon, with only a 5 metre thick slightly weathered zone on top the fresh basement. Multi-element assays are available only on the bottom of hole (BOH) sample, and are therefore a discrete fresh rock sample.

The BOH sample for drill hole MDA345 returned a result of 0.32% cobalt and 28.7g/t silver.

The drillhole position is shown on the TMI airborne magnetic image, below, followed by the gravity image.

The recently drilled diamond hole at Fire Dragon has established the orientation of the bedrock stratigraphy in the area. The magnetic and gravity data support this orientation in the MDA345 area, and as a result, the following section below, has been used to propose the drilling of two diamond holes to test this mineralisation.

The drilling of two diamond holes proximal to the intersection will allow for the best geological understanding of the potential for economic mineralisation. The holes will also be cased with PVC to allow for a down hole electromagnetic survey to be undertaken.

The drilling is expected to commence in April 2017 and will be undertaken in conjunction with other programs in the area. The Company expects assay results to be available in the June quarter following logging and cutting of core.
 

View full announcement

Peter Klinger

  • Contact

Share

  • LinkedIn
  • Twitter
  • Facebook

Most Read

  • 25 November

NRW unit Action Drill & Blast awarded Talison Lithium contract

    • Mining Services
  • 5 August

Core appoints new CEO

  • ASX: CXO
    • Li
    • Clean energy
  • 1 November

Nickel, cobalt anomalies at Sockovac; large new gold, copper anomalies at Sinjakovo

  • ASX:LYK
    • Ni
    • Cu

Related

  • 17 November

VRX paints positive picture for year ahead

  • ASX: VRX
    • Si
    • Broking Firm
  • 15 November

VRX ships sample for high-grade silica flour test work

  • ASX: VRX
    • Si
    • Broking Firm
  • Insight
  • 5 November

Investors set to Andover focus on what’s next in the project pipeline

  • ASX: VRX
    • Broking Firm
    • Clean energy
  • 3 November

VRX signs farm-in and JV agreement for Dandaragan geothermal exploration permit

  • ASX: VRX
    • Si

NEWSLETTER

Get news, as it happens

Sign up to receive our weekly roundup, and releases of interest, as they happen.

  • This field is for validation purposes and should be left unchanged.
logo

Investor Insight, powered by Cannings Purple, delivers the stories that matter to the people who matter – across your preferred communications platform.

From breaking news to analysis, opportunities and thought leadership, Investor Insight is your window into some of Australia’s most exciting listed and non-listed companies.

  • Insight
    • Diggers and dealers
    • Insights
  • Companies
    • Accelerate Resources
    • AOG Energy
    • Artemis Resources
    • BMG Resources
    • ChemX Materials
    • Core Lithium
    • Dreadnought
    • FBR
    • Finbar
    • Gold Road Resources
    • Infinite Green
    • Inside Diggers and Dealers
    • Jupiter Mines
    • Lykos Metals
    • Magnetite Mines
    • Mineral Resources
    • NextOre
    • Northern Star
    • NRW Holdings
    • Osteopore
    • Paydirt
    • Rox Resources
    • Sandfire
    • St George Mining
    • Sundance Resources
    • VRX Silica
    • Vysarn
  • Industries
    • Broking Firm
    • Clean energy
    • Cobalt
    • Copper
    • Gold
    • Graphite
    • Insight
    • Iron ore
    • Lithium
    • Manganese
    • Mining Services
    • Nickel
    • Oil & Gas
    • Property
    • Rare Earths
    • Silica Sand
    • Technology
    • Uranium
    • Water services
    • Zinc
  • Video
powered-by-canningspurple
  • About
  • Contact
  • Subscribe
  • Cannings Purple
  • Privacy Policy
  • Disclaimer

Copyright 2023 Cannings Purple