Ann: Partial Underwriting of March 2016 Options - 13 Nov 15, page-38

Is it this drilling? - from 6/10 ann. If so then it's resource-definition drilling. Anyway, it's my opinion that what is relevant to Burton is what SRI found at Enigma. SFR has that land now. Thaduna could be part of the same system though. A read of the Riedel Res (RIE) geo report in its IPO Prospectus (on its website) gives valuable info as to what may at Burton. It was on RIE's land that AUZ found the copper and zinc that invited it to farm-in with LSR. Burton is on both RIE and LSR land.

'Ventnor Resources Ltd (ASX:VRX) (“Ventnor” or “the Company”) is pleased to announce that its partner, Sandfire Resources NL (ASX:SFR) (“Sandfire”), will shortly commence a diamond drill program aimed at resource definition at the Thaduna/Green Dragon Copper Project in Western Australia. ...

.... It is anticipated that the proposed resource definition exercise, which entails drilling at Thaduna, six diamond holes to an average depth of approximately 350 metres down hole, will begin this month (October). Holes have been planned and selected to target gaps in drill coverage over the main ore body, between known mineralisation intercepts. At the time the Thaduna/Green Dragon joint venture commenced, Ventnor had completed 221 RC drill holes for 29,041 metres, with 79 Diamond Tails for 20,485 metres, totaling 49,526 metres at the Project.

Sandfire recently completed a program of five RC holes, which tested drill methods to keep RC resource definition holes and diamond pre-collars at the proposed trajectory. The proposed diamond holes will require RC pre-collars....."