Venerable is pleased to provide an exploration update on its Trout Property. The Company has begun a Phase One 2,200 metre drilling program on three of the seven targets. Four of the remaining targets will be investigated by additional soil geochemistry, rock sampling, geological mapping and prospecting before season closure. The target is epithermal gold mineralization associated with zones of silica-sulphide and [...]
Venerable is pleased to provide an exploration update on its summer work activities at the Trout Property. The Company has completed 75 line kilometres of detailed induced polarization eophysical surveying, sampled previously uncut drill core and collected rock chip samples from eight different backhoe trenches around and along strike of the original Discovery Zone gold-silver showing. Seven priority targets have been [...]
Venerable is pleased to announce that, pursuant to the terms of an option agreement dated April 26, 2011 with Robert Carmichael and Landmark Geological, the Company has completed the first anniversary payments required to be made to the Optionors as partial consideration for the exercise of the option to acquire a 100% interest in and to the Trout Property. The first anniversary payments consisted of an aggregate cash [...]
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