Venturex Resources upgrades Sulphur Springs copper-zinc resource...

Venturex Resources upgrades Sulphur Springs copper-zinc resource by 4%

Friday, November 23, 2012 by Bevis Yeo Venturex Resources (ASX: VXR) has upgraded Resources at its Sulphur Springs copper-zinc deposit in the Pilbara region of Western Australia to 12.83 million tonnes at 1.5% copper and 4.1% zinc.

This is up from the previous 12.33Mt at 1.5% copper and 4.1% zinc and increases the total Mineral Resource for the Pilbara Copper-Zinc Project to 26.37Mt at 1.2% copper and 3.4% zinc.

The upgrade follows a recently completed reverse circulation drilling program at Sulphur Springs.

Drilling at the company’s Salt Creek Trend has also intersected a broad zone of footwall-style alteration with local zones of disseminated, and occasionally semi-massive1, sulphide mineralisation at the East Balla target.

The results confirmed that the sulphide mineralisation within the mineralised intervals is predominately iron sulphide with traces of copper and zinc mineralisation.

Assay results from reverse circulation drilling also highlighted a broad zone of anomalous copper, zinc and lead values consistent with stringer mineralisation in a peripheral footwall setting.