Energy & Mining International - Spring 2011 - (Page 26)

E M I V E N T A N A G O L D C O R P. LATIN AMERICA SPRING 2011 Emerging Discovery Ventana Gold develops its ﬂagship property while planning drilling for a separate grassroots project. [ BY JAMIE MORGAN ] “Since drilling our first hole at La Bodega, we’ve consistently been able to hit mineralization and expand the resource.” // STEPHEN ORR, president and CEO Ventana’s La Bodega project – 880 hectares in northeastern Colombia – was first mined in the 1500s.. Ventana Gold Corp. barely has entered its ﬁfth year in Colombia’s mining industry, but already President and CEO Stephen Orr believes the company has discovered a project that could position it as Colombia’s leading precious metals producer. Ventana’s La Bodega project, an 880-hectare property in northeastern Colombia, resides in the historical California-Vetas mining district initially mined by the Spaniards in the 1500s. Until now, mining projects in the area have been small scale, but Orr says Ventana and other exploration companies in the area are determined to change that. “Since drilling our ﬁrst hole at La Bodega, we’ve consistently been able to hit mineralization and expand the resource,” Orr says. “We initially began with two major zones and have since discovered two other zones.” La Bodega’s four major discovery zones are La Bodega, La Mascota, Las Mercedes and Aserredero, with La Bodega and La Mascota having the most proliﬁc mineralization. In 2008, PROFILE Ventana Gold Corp.. www.ventanagold.com | Headquarters: Vancouver | Specialty: Gold, silver and copper exploration | Employees at peak: 240 Ventana issued its ﬁrst estimate of inferred resources from 128,000 meters of drilling across La Bodega’s zones. It showed an estimate of 3.5 million ounces of gold, 19.2 million ounces of silver and approximately 85 million pounds of copper. “All the zones of mineralization are still completely open, at-depth and along strike,” Orr says. “Over the next 12 to 18 months, we will be increasing exploration drills and adding 13 additional drill holes to take us up to 23 exploration drills. Our objective there is to double the resource, which we think we can do.” The company says this new drill program will explore different areas, extending the mineralization at-depth and to the southwest along with testing for new, parallel mineral zones. > 26 emi-magazine.com http://www.emi-magazine.com

Table of Contents for the Digital Edition of Energy & Mining International - Spring 2011

Energy & Mining International - Spring 2011
Contents
Clean Fuel
Satellites Are Key
Good Vibrations
News
Latin America Focus
Minera Andres
Ventana Gold Corp.
Zincore Metals
AQM Copper Inc.
Canada Focus
Jacobs Engineering Group Inc.
Fladgate Exploration Consulting Corp.
Aurizon Mines
JV Driver
Alderon Resource Corp.
Detour Gold Corp.
Prairie Machine & Parts
Pumps & Pressure Inc.
Yukon-Nevada Gold Corp.
Explor Resources Inc.
Trelawney Mining and Exploration Inc.
Advantage Valve Maintenance Ltd.
Silverman Oilfield Services
Rhino Resource Partners LP – Hopedale Mining LLC
Kimble Cos. Inc.
McVay Drilling Co.
MaXfield Inc.
Ellicott Dredges
Scientific Drilling
Becker/SMC Corp.
GasSearch Drilling Services
Crossrock Inc.
Frontier Services Inc.
Fulcrum BioEnergy Inc.
Summit Midstream Partners
Black Hills Bentonite LLC
Energy Companies
The Final Shot

Energy & Mining International - Spring 2011