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.
Tuesday, March 17, 2009
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