For thousands of other reports visit RSC's Mineral Intellingence Map
Venturex Resources Ltd.
Summary
| Project: | Sulphur Springs | |
|---|---|---|
| Deposit: | Sulphur Springs | |
| Location: | Australia | |
| Commodities: | Copper-Zinc-Gold-Silver | |
| Date: | 1/18/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-1-2018: Venturex Resources Ltd. announces an Exploration/Drilling Update report for its Sulphur Springs deposit at the Sulphur Springs project. Drilling results incl. 39.95m @ 3.64% Cu, 1.0% Zn from 158.3m. Venturex Resources (ASX: VXR) is pleased to a | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Stefan Gawlinski (Internal) | |
| ABSTRACT: | Venturex Resources (ASX: VXR) is pleased to advise that its strategy to rapidly advance its 100%-owned Sulphur Springs Copper-Zinc Project in WA continues to provide excellent results with outstanding high-grade zinc and copper assays received from the final five holes of the recently completed in-fill drilling programme. This marks the completion of the highly successful resource in-fill drill programme targeting shallow mineralisation at Sulphur Springs, paving the way for work to commence immediately on a planned update of the Sulphur Springs Resource. The Resource update will, in turn, form a key component of the Company’s ability to target a decision to mine by mid-2018. Today’s release concludes Venturex’s 2017 drilling programme at Sulphur Springs. The programme was focused on in-fill drilling the western portion of the high-grade Inferred Resource, located towards the top of the Sulphur Springs orebody. The results continue to build on the previously released positive drill results from Sulphur Springs. Overall, the 14-hole programme has been highly successful with all drill holes returning ore grade intersections. The results provide the Company with a robust platform from which to update the Sulphur Springs Resource. The Resource update will commence immediately. A total of 14 holes were drilled as part of the 2017 Sulphur Springs drill programme. The five drill holes released today (SSD098, SSD099, SSD100, SSD101 and SSD102) are the final holes of the 2017 programme to be released. The programme was designed to confirm the current understanding of the mineralisation, provide data for Resource modelling and to obtain sufficient quality samples to undertake metallurgical testing. The location of the drill holes is shown in Figure 1. | |
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