Venerable Ventures Hits 0.33 g/t Gold Over 47.8 Metres at Trout
Venerable Ventures Ltd. (VLV.V) today provided an update for its exploration activities on the Trout Property. Four of the seven target areas previously identified by the Company known as the Cap, Camp, Camp (North) and Discovery zones were tested with eight trenches and ten drill holes during 2012.
Highlights of results include drill hole TR12-05 assaying 0.33 g/t gold over 47.8 metres from the Camp Zone and drill hole TR12-09 assaying 0.44 g/t gold over 16.0 metres from the Camp (North) Zone located 425 metres northeast.
These results combined with other untested geochemical and geophysical anomalies outline significant zones of gold enrichment in areas that have seen little or no previous work, Venerable said.
Venerable is just above a yr low of 10 cents.
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