Copper-zinc explorer ventures closer to production

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 27 Nov 2012   Posted by admin


THE Sulphur Springs copper-zinc project in WA’s Pilbara region has encountered positive drilling results, WA-based explorer Venturex has announced.
According to a company statement, a “highly successful” 1710m, six-hole drilling program completed at the main Sulphur Springs deposit discovered high-grade copper and zinc at the Western Lens
mineralisation.
The Sulphur Springs project, 160km southeast of Port Hedland and about 50km west of Marble Bar, was found to have significant widths of massive and stringer sulphide mineralisation in all six drill holes.
The intersections recorded by Venturex were thicker and more extensive than expected, and the proposed mine design is inclusive of the extension. Venturex managing director Michael Mulroney said the Sulphur Springs project had great potential.
“These new intersections at Sulphur Springs have the potential to extend the area of high-grade mineralisation at the base of the Western Lens,” he said.
“We anticipate that it is highly likely the underground mine plan can be expanded into this area and potentially extend the life of the planned underground mining operation at Sulphur Springs.”
According to the company’s website, Sulphur Springs is a “copper-zinc-rich massive sulphide lens, underlain by a copper-rich stringer zone”.
The first drill hole encountered sulphides in a 26m zone from a 210m depth, including 10m of massive sulphide, and an additional 8m of massive sulphide from a 232m depth.
The second hole encountered a 15m zone of sulphide mineralisation from a 174m depth, and a 7m zone of massive and disseminated sulphide mineralisation from a 232m depth.
Venturex also has projects in the Carnarvon Basin and Brazil.


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