Ventnor Resources Ltd (ASX:VRX) is a base metals exploration company.
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Ventnor Resources identifies nickel sulphide target
Ventnor Resources (ASX:VRX) has identified a conductor after completing down-hole electromagnetics at its Warrawanda nickel project located 40 kilometres from Newman, Western Australia.
The down-hole electromagnetics (DHEM) followed an evaluation of the diamond core and other supporting geophysical surveys, which indicated a subtle bedrock conductor.
Further work will include another program of soil geochemistry and ground electromagnetic above the conductor interpreted from the DHEM.
Bruce Maluish, managing director, commented: "The re-evaluation of data at the Warrawanda nickel prospect has generated a new zone that will be evaluated to focus a further drill campaign.
"Warrawanda has not been a priority exploration area for Ventnor since acquiring the Biranup Project north of Tropicana. This latest work has once again made this area a compelling exploration target for sulphide nickel".