Venturex Resources (ASX: VXR) is a rapidly growing Australian zinc company which is focused on the exploration and development of its advanced zinc-copper projects located near Port Hedland in the premier Pilbara mining province of Western Australia.
The Company owns two advanced Zinc / Copper projects with a total Mineral Resource of ~ 910,000t of contained zinc and 320,000t of contained copper:
After recently completing a $5 million capital raising, Venturex has embarked on a major new drilling program aimed at expanding the existing high grade zinc / copper Resources at Whim Creek with the key focus on extending the top portion of the very high grade zinc Resource at the Salt Creek deposit.
The Company is also:
- completing a Value Engineering Study at its Sulphur Springs Project which confirms the potential for a stand-alone green fields project; and is
- currently receiving cashflow through its relationship with Blackrock Metals who operate a 4 tonne per day oxide copper heap leach and SX/EW operation at Whim Creek.