For thousands of other reports visit RSC's Mineral Intellingence Map
Venturex Resources Ltd.
Summary
| Project: | Whim Creek | |
|---|---|---|
| Deposit: | Whim Creek - Salt Creek | |
| Location: | Australia | |
| Commodities: | Copper-Zinc-Lead-Silver-Gold | |
| Date: | 3/23/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-3-2018: Venturex Resources Ltd. announces a Resource Estimation report for its Whim Creek - Salt Creek deposit at the Whim Creek project. Updated mineral resource estimate at Whim Creek project. Venturex Resources Limited (ASX: VXR) (“Venturex” or “the | |
| Resources: | ||
| CP/QP: | [Resources]: David Milton, Stephen Wood (Hardrock Mining Consultants Pty Ltd.;Not stated) | |
| ABSTRACT: | Venturex Resources Limited (ASX: VXR) (“Venturex” or “the Company”) is pleased to announce an updated Mineral Resource estimates for the Mons Cupri and Salt Creek copper-zinc deposits which form part of the Company’s 100% owned Whim Creek Copper Zinc Project. The updated Resources, which were prepared by independent consultant Hardrock Mining Consultants Pty Ltd, are the result of Venturex’s decision to apply new infill drilling results, along with updated geological, geophysical and structural data to the model. The Company is pleased to advise that despite the application of the more robust data sets, the overall result remains in line with previous estimates. While the outcome of the revision is pleasing, Venturex‘s key focus remains the Sulphur Springs Project, as discussed in the Resource upgrade released on the 21 st March 2018. The revised mineral resource estimates for Mons Cupri and Salt Creek incorporate an increased focus on the distribution and geometry of the mineralisation. This provides a robust basis from which to plan future exploration targeted at the discovery of concealed high-grade VMS deposits within the Whim Creek project area. As previously announced, Venturex was successful in securing a Government cofunded drilling grant to test for VMS mineralisation under cover south west of the Mons Cupri deposit. | |
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