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Ventana Completes Acquisition of La Bodega and La Baja Properties
Jul. 29, 2010 11:44AM PST
Silver InvestingVentana Gold Corp. (TSE:VEN) has completed the acquisition of the La Bodega and La Baja properties and now owns 100% of all mineral rights, key surface rights, easements, equipment and facilities, and related intangible assets on both properties.
Ventana Gold Corp. (TSX:VEN) has completed the acquisition of the La Bodega and La Baja properties and now owns 100% of all mineral rights, key surface rights, easements, equipment and facilities, and related intangible assets on both properties.
The press release is quoted as saying:
La Baja comprises 16.5 hectares between the La Bodega and El Cuatro properties and contains an operating mine and processing plant. The property is strategically located on strike with the La Mascota zone and provides Ventana with contiguous mineral rights for a distance of 2.1 kilometres. Recent drill results indicate that La Mascota mineralization extends across the northern portion of the La Baja property. In addition, it is apparent that the recently discovered Las Mercedes parallel zone trends onto La Baja. Acquisition of this strategic property consolidates Ventana’s land position in the California district and the Company’s land holdings now total 4,590 hectares.
Click here to access the entire press release