The Sulphur Springs project is located 144 km to the south east of Port Hedland and includes the Sulphur Springs and Kangaroo Caves deposits together with tenements along the 27 km Panorama Trend that contains six advanced targets that have returned intersections of commercial grade copper and zinc.
Once the Sulphur Springs project is operational the focus is to continue exploration along the Panorama Trend with a vision to develop a new mining region.
The Whim Creek project is located 115 km to the south west of Port Hedland and includes the historical Whim Creek, Mons Cupri, Salt Creek and Evelyn deposits where 67,000 tonnes of copper have been produced from near surface oxide ores. The company holds a total of 18,100 Ha of tenements across the Whim Creek basin.
Venturex also receives an ongoing income stream from a profit share arrangement with Blackrock Metals through its SX/EW heap leach operation, recovering copper from the heap leach dumps at Whim Creek.
Combined JORC Compliant Inventory
The JORC compliant Resource inventory Venturex’s Pilbara projects is 24.2 Mt grading 1.3% copper, 3.6% zinc, 0.3% lead and 18 g\t silver containing >300,000 tonnes of copper metal and 900,000 tonnes of zinc metal.
Venturex has an experienced board and management team with considerable experience in project financing, project development and operations.