Canadian mining company Vena Resources has said that Henkle and Associates has completed its first resource estimate for Minergia SAC, a uranium exploration company owned by Vena (75%) and Cameco (25%).

Henkle’s NI 43-101 compliant report will be published by the end of November, according to the company.

The current resource numbers are based on 25,187m of diamond drilling in 158 drill holes performed over four years covering a small portion of the prospective target areas and indicates an overall resource estimate for the Macusani region.

The 2011 drill plan is primarily targeted to increase the resources at Tantamaco by following the trend of higher grade, disseminated mineralization to the southwest of hole TA-079.

The near surface mineralized intersections at Isivilla in holes IS-06 and IS-04 will be followed up by 10 widely spaced holes which could result in additional resources.

Permitting is in progress and it is anticipated that the program will start in January 2011.

In addition, there were 48 holes totaling 6,200m drilled at Nuevo Corani/Amaritza during the 2006 through 2008 period with mixed results.

The mineralization was dominantly fracture-filling within the upper A horizon, which is eroded off on both sides of the northeast – southwest trending ridge.