For thousands of other reports visit RSC's Mineral Intellingence Map
Venturex Resources Ltd.
Summary
| Project: | Sulphur Springs | |
|---|---|---|
| Deposit: | Breakers | |
| Location: | Australia | |
| Commodities: | Copper-Lead-Zinc-Gold-Silver | |
| Date: | 9/4/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-9-2019: Venturex Resources Ltd. announces an Exploration/Drilling Update report for its Breakers deposit at the Sulphur Springs project. Drilling results incl. 8m @ 0.01% Cu, 0.29% Pb, 3.37% Zn, 0.01g/t Au, 6.45g/t Ag from 84m. Australian base metal dev | |
| Resources: | (Resource, Total): 13.8Mt @ 1.5% Cu, 3.8% Zn, 0.2% Pb, 17g/t Ag at Sulphur Springs | |
| CP/QP: | [Overall Report]: Luke Gibson (Internal) | |
| ABSTRACT: | Australian base metal developer Venturex Resources Ltd (“Venturex” or “the Company”) (ASX: VXR) is pleased to announce that recent Reverse Circulation (RC) exploration drilling at its 100%-owned Sulphur Springs Copper-Zinc Project, located 144km south of Port Hedland in WA, has intersected additional intervals of high-grade zinc mineralisation at the Breakers Prospect. Assay results from the final four holes of the programme (BKR006—009) have now been received. The new high-grade results within BKR007 follow the thick, high-grade mineralisation intersected recently within BKR005 (18m @ 7.75% Zn, 2.03% Pb, 0.25% Cu and 22.8g/t Ag, see ASX release 17 June 2019) and are located approximately 1.1km to the north-east of this recently reported drilling, significantly expanding the prospective horizon for VMS mineralisation at Breakers. Assay results from drill-holes BKR006, 008 and 009 also encountered several zones of highly anomalous proximal VMS pathfinder elements including Ag, As, Ba, Cd, Co, In, Mo, Sb and Tl associated with strong silica +/- sericite alteration at the Marker Chert horizon. Down-Hole Electromagnetic (DHEM) surveys were also completed on all exploration drill-holes at Breakers (BKR005 was only partially surveyed due to a blockage at ~160m). Modelling of the DHEM data has defined several subtle target plates proximal to sulphide mineralisation intersected in the first few holes, namely BKR003, BKR004, and BKR006. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report