Ventana Adds Another Drill To La Bodega Property For Deeper Drilling

Ventana Gold Corp. has commissioned another drill from Terramundo Drilling Inc. in order to speed up the 3,400 m drilling program on its La Bodega property in Columbia. This new drill will also have a deeper reach, of 1,300 m. The drill was brought in largely to test and extend the holes in the La Mascota zone where fairly consistent mineralizations of 20 - 80 m widths have been found. The news release has futher details, and a recap of earlier results.

So far, Ventana is up five cents at $1.18. Its current bid - ask is $1.17 - $1.19.

The company's Google Finance web page is here.

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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.

Ventana Drills 48.00 m of 5.35 g/t Au at La Bodega

Ventana Gold Corp. has drilled 48.00 m of 5.35 g/t Au in Hole 87 of its current drilling program on its La Bodega property in Columbia. Two other holes were called attention to in the news release. Hole 91, with two zones separated by 28 metres, which contained 7.37 g/t over 26.00 metres and 8.68 g/t over 22.00 metres. Hole 94 had intercepts of 4.17 g/t 22.00 metres and 2.65 g/t over 81.80 metres, separated by 35 metres. The zone from which these results came, the La Mascota, has yet to be bordered.

Ventana is currently trading at $1.14, up 4 cents on the day.

Its Google Finance web page is here.

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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.

Ventana Closes $3.36 Million Private Placement

Ventana Gold Corp. has closed a non-brokered private placement for six million units at 56 cents a unit, yielding gross proceeds of $3.36 million. Each unit contains one share and an entire warrant, with exercise price of 90 cents and life of two years. The money is earmarked for exploration spending at Venata'a La Bodega project, as the news release recounts. Also noted is the fees on the deal.

This announcement was put on the web after trading ended yesterday. Ventana ended yesterday at $1.03, up 6 cents on light-moderate volume.

The company's Google Finance web page is here.

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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.