Discovery Of New Zone At La Bodega
The Company has also discovered a new area on the La Bodega property called Aserredero, located approximately 500 metres southeast of the La Mascota zone. Aserredero has been defined by a 200 metre long by 50 to 75 metre wide mobile metal ion (MMI) soil anomaly. The same soil anomaly also contains a coincident IP-resistivity geophysical anomaly which further enhances the interest in this area. Initial rock sampling from the limited outcroppings also returned encouraging values of gold mineralization with the results of 19 samples ranging up to 4.22 grams per tonne gold.
The La Bodega property hosts the La Bodega zone, which covers a strike length of 350 meters and has been drilled to 250 meters depth. Mineralized intercepts on the La Bodega zone range from 60 to 140 metres in width. The La Bodega property also hosts the La Mascota zone, a higher-grade system lying 250 metres southwest of the La Bodega zone. La Mascota has been defined to a depth of 100 metres down-dip along a strike length of 725 metres, with estimated true composite widths of 20 to 80 metres, and remains open for expansion in all directions. Ventana has acquired two additional blocks of land that together provide an additional 1.3 kilometres of land immediately on strike to the existing mineralized zone.
Ventana CEO Richard Warke said: "Ventana has a strong cash position and is in an excellent position to complete our current round of drilling, which is focused on expanding the boundaries of the high-grade La Mascota zone. Our focus is on infill and deeper drilling within the limits of the existing area, as well as step-out drilling on the newly acquired Coloro land package that lies immediately adjacent to the southwest of the La Mascota zone."
The company’s address is