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Venture Minerals Ltd.

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Summary

Project:

Caesar

Deposit:Caesar
Location:Australia
Commodities:Nickel-Copper-Cobalt-Gold-Silver-Lead-Zinc-Lead
Date:3/13/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:13-3-2018: Venture Minerals Ltd. announces an Exploration/Drilling Update report for its Caesar deposit at the Caesar project. Results incl. 1m @ 1.79g/t Au, 47ppm Ni, 113ppm Co, 806ppm Cu, 4.6g/t Ag, 578ppm Pb, 655ppm Zn. Venture Minerals Limited (ASX co
Resources:x
CP/QP:[Overall Report]: Andrew Radonjic (Internal)
ABSTRACT:Venture Minerals Limited (ASX code: VMS) (“Venture” or the “Company”), is pleased to announce the results from the first hole drilled at the Caesar Project targeting nickelcopper-cobalt sulfide mineralisation. The Company’s first drill hole (“CSD01”) (cofunded by WA State Government’s Exploration Incentive Scheme) intersected minor disseminated sulfides throughout the zone of dolerite located in CSD01 with microprobe analysis verifying the presence of nickel, cobalt and copper within the intersected sulfides. This has confirmed the mafic rocks (dolerite and gabbro) at Caesar host nickel-copper-cobalt sulfide mineralisation. With proof of concept, the Company has recently applied for a further 70 km² of tenure immediately to the north containing interpreted extensions of the same dolerite and gabbro units. This landholding will strengthen Venture’s position to 263 km² of a favourable macro geological setting being hosted within a Proterozoic orogenic belt on the margins of the Yilgarn Craton in Western Australia

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