Venerable Ventures Ltd. is pleased to announce that it has received geochemical sample results from its summer exploration program. The work focused on the additional claims acquired pursuant to the option agreement extension dated May 19, 2014. In August, the Company inspected eight areas containing historical gold and multi-element till geochemical anomalies using soil geochemistry, geological mapping and prospecting [...]
Venerable Ventures Ltd. is pleased to announce that it has received its British Columbia Mineral Exploration Tax Credit in the amount of $184,996 including interest. The Company has also completed its previously announced summer surface exploration program on the Trout Property including work on the additional two (2) claims totaling approximately 2,360 ha that had been added to the property in May. The Trout Property now [...]
Venerable Ventures Ltd. is pleased to announce that, pursuant to an amendment agreement dated May 15, 2014 with Robert Carmichael and Landmark Geological Inc., it has increased the size of its Trout Property located in the Nechako Plateau, near Vanderhoof, British Columbia and extended the terms of the option agreement dated April 26, 2011 with the Optionors, whereby the Company can acquire a 100% in the Property. The [...]
Venerable Ventures is pleased to provide 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 [...]
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 [...]