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Venturex Resources Ltd.
Summary
| Project: | Sulphur Springs | |
|---|---|---|
| Deposit: | Sulphur Springs | |
| Location: | Australia | |
| Commodities: | Copper-Zinc-Gold-Silver | |
| Date: | 11/15/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-11-2017: Venturex Resources Ltd. announces an Exploration/Drilling Update report for its Sulphur Springs deposit at the Sulphur Springs project. Drilling results incl. 20m @ 12.05% Zn from 83m. Venturex Resources (ASX: VXR) is pleased to report further | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Stefan Gawlinski (Internal) | |
| ABSTRACT: | Venturex Resources (ASX: VXR) is pleased to report further high-grade assay results from its ongoing in-fill drilling programme targeting shallow mineralisation at its 100%-owned Sulphur Springs Copper-Zinc Project, located south- east of Port Hedland in WA. Venturex’s Executive Director Anthony Reilly said: “The results from hole SSD094 are of particular interest. While most of the holes to date have hit predominantly high-grade copper mineralisation, this is the first time we have encountered significant widths of high-grade zinc. The pending assay results and further geological review will help to establish if this is the start of a more significant zinc zone extending to the west, or a more localised event. “The most recent holes, SSD095 and SSD096, have intersected significant widths of semi-massive to massive sulphide mineralisation, suggesting that the mineralisation may be laterally more extensive than originally thought potentially opening up new areas for exploration to the west”. 728800mE/7659670mN, Azimuth 000°/dip -78°) was drilled with an RC pre-collar through the hanging wall sequence to 89.9m. A HQ3 diamond tail completed the drill hole to 174.4m and intersected 53m of massive and semi-massive sulphide. The drill hole terminated at 174.4m in a silica-sericite-chlorite altered dacite with stringer pyrite from 141m to the end-of-hole. (Note: intervals are reported as down-hole intersection widths) | |
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