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Ventana Gold Corp. (VEN:CA)

*/?>
Web site: 
http://www.ventanagold.com/

Ventana Gold Corp (VEN:TSX) has made a high grade gold discovery at their 185 hectare La Bodega Property in the California-Vetas Gold District of Colombia. Immediately adjacent to Greystar Resources’ (GSL:TSX) 11m oz. Angostura Deposit, a 105 hole drill program has been completed at La Bodega. After an initial discovery hole of 106.5m of 7.81 g/t Au, the company has extended the deposit through the “La Mascota Zone” by 725m at strike, highlighted by 33m of 16 g/t Au, 12m of 34 g/t Au, and 57m of 8 g/t Au. Many of the step out drill results have bottomed out while still in mineralization, highlighted by 14 g/t Au at a depth of 257m. As a result, a drill rig capable of drilling 1300m has been added to the property, that, as CEO Richard Warke has said, will allow the company to accelerate their work program and further expand the significant mineralization encountered at La Mascota.
On Mar. 30, 2009, it was announced that Lumina Capital LP, an entity held principally by Vancouver mining entrepreneur, Ross Beaty. participated in a $6M private placement, bringing his total interest in Ventana to 12.2% on a fully diluted basis.
High Grade Drill Results from La Bodega property include
> 57.4m of 8.66 g/t Au
> 48.00m of 5.35 g/t Au
> 36.00m of 13.34 g/t Au
> 13m of 34.63 g/t Au
> 27m of 17.44 g/t Au
> 106m 7.81 g/t Au
> 81m of 8.862 g/t Au
> 33m of 16.81 g/t Au
> 20m of 11.62 g/t Au
> 112m of 3.14 g/t Au

News Releases

june 29, 2009
Ventana Gold VEN(TSX) Technicals Bullish
june 26, 2009
Ventana Gold Bandwagon Getting Crowded
june 25, 2009
Ventana Gold heats up again
june 25, 2009
In Search of Promising Gold Prospects
june 16, 2009
Ventana Gold Discovery is the real deal
june 10, 2009
Ross Beaty Buys 16.9% of Ventana Gold, Pan American Lawyer Gets Board Seat
june 05, 2009
Ventana Gold - Colombian Gold Mining Winner
june 05, 2009
Ventana Gold's Gathering Steam
june 02, 2009
Colombia Gold Mining Stocks List
may 28, 2009
Mining Entrepreneur Ross Beaty Ups Stake in Ventana Gold
VEN:CA
Category: 
Mining