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Ventnor Resources Ltd.
Summary
| Project: | Arrowsmith | |
|---|---|---|
| Deposit: | Arrowsmith | |
| Location: | Australia | |
| Commodities: | Silica | |
| Date: | 8/15/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-8-2018: Ventnor Resources Ltd. announces a Resource Estimation report for its Arrowsmith deposit at the Arrowsmith project. Exploration target for Arrowsmith project. Ventnor Resources Limited (Ventnor or Company) (ASX: VRX) is pleased to announce prog | |
| Resources: | Exploration Target: 140-210Mt @ 95-98% SiO2 | |
| CP/QP: | [Overall Report]: David Reid (Independent) | |
| ABSTRACT: | Ventnor Resources Limited (Ventnor or Company) (ASX: VRX) is pleased to announce progress on its Arrowsmith Silica Sand Project (Arrowsmith Project). The Arrowsmith Project is broken down into 3 smaller project areas, namely Arrowsmith North, Central and South. The Department of Mines, Industry and Safety (DMIRS) has granted a Programme of Work (PoW) for exploration on both Arrowsmith North (E70/5076) and Arrowsmith Central (E70/4987) prospects. Drilling will commence in September subject to the ground drying out in compliance with the Company’s Dieback Management Plan. This Plan, which has been accepted by DMIRS and added to the tenement conditions for the PoW areas, requires drilling to be undertaken in dry conditions. Ventnor’s application for Exploration Licence E70/5109 was granted on 14 August 2018. Ventnor has also applied for an additional Exploration Licence (ELA70/5197) covering an area of 8.5 km2 at the Arrowsmith Project that complements and is contiguous with the existing holding. The Arrowsmith Project now comprises 4 granted exploration licences and one new application covering a total area of approximately 379 km2 | |
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