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Venturex Resources Ltd.
Summary
| Project: | Sulphur Springs | |
|---|---|---|
| Deposit: | Sulphur Springs | |
| Location: | Australia | |
| Commodities: | Copper-Zinc-Gold-Silver | |
| Date: | 8/13/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-8-2018: Venturex Resources Ltd. announces an Exploration/Drilling Update report for its Sulphur Springs deposit at the Sulphur Springs project. Drilling results incl. 4.0m @ 0.02% Zn, 0.09% Ni, 0.19% Cr, 0.008% Co from 175.0m. Venturex Resources (ASX: | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Luke Gibson (Internal) | |
| ABSTRACT: | Venturex Resources (ASX: VXR; “Venturex” or “the Company”) is pleased to advise that it has identified several promising “near-mine” exploration targets at its 100%-owned Sulphur Springs Copper-Zinc Project, located south-east of Port Hedland in WA’s Pilbara following the recent completion of two exploration and two geotechnical diamond drill-holes. The two exploration drill-holes, SDD103 and SSD106, were designed as a first-pass test of the large XA_6 and XA_8 HEM targets identified in the heliborne electromagnetic (HEM) survey completed last year (see Figure 1 and ASX releases, 23 May 2017 and 27 November 2017). Drill-holes SSD104 and SSD105 were completed to provide additional geological and geotechnical information for the Sulphur Springs pit design, as part of the ongoing Definitive Feasibility Study (DFS) due for completion later this quarter. SSD104 was extended below its geotechnical requirements to test an area of sparse drilling on the western edge of the current Resource. Down-hole electromagnetic (DHEM) surveys were completed on holes SSD103, SSD104 and SSD106 with all results now received | |
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