Ventnor was formed in early 2010 to conduct exploration on a package of mining and exploration tenements in the Pilbara region of Western Australia and the Mount Isa region of Queensland. These tenements form four separate project areas: Thaduna/Green Dragon, Warrawanda, Nickel Hills and Georgina Basin. These are variously prospective for copper, nickel, base metals and gold deposits.
Ventnor listed on the ASX on February 24th 2011 after raising $6,000,000 and has since completed three drilling programs on its Thaduna and Green Dragon copper project. The fourth phase drilling program commenced in January 2012.
The projects are advanced exploration to greenfields projects and are sufficiently prospective to warrant modern exploration.
The Board possesses a wide range of technical and corporate skill and the appropriate management and technical experience to manage the proposed exploration program.
The Company’s mission is to maximise shareholder returns through the discovery of economic mineral deposits and the development of profitable mining operations.
The Company’s initial focus will be on the implementation of modern exploration techniques and systematic and cost-effective exploration programmes on the Company’s existing mining tenements. The Company may also evaluate and participate in other prospective mining projects that would have the potential to contribute to the Company’s future growth.