Venturex Resources (ASX: VXR) reports that it is receiving exceptional results from its ongoing in-fill drilling programme targeting shallow mineralisation at its 100% – owned Sulphur Springs Copper – Zinc Project, located south – east of Port Hedland in Western Australia.
The company said the three latest diamond holes have all returned strong zinc and copper intercepts, including hole SSD0097 which intersected strong zinc mineralisation across six separate zones.
Executive Director Anthony Reilly said assays for two additional holes, SSD095 and SSD096, demonstrate the potential for the shallow mineralisation at Sulphur Springs to extend further to the west, towards a recently identified EM target.
All of the results from the current drilling will be incorporated in a revised Mineral Resource estimate due for completion in Q1 2018.
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“The results from holes SSD095 and SSD096 have significantly exceeded the company’s expectations. When these holes are viewed together with the large EM anomaly identified recently on the western flank of the Sulphur Springs orebody, this provides further evidence to support the company’s view that the mineralisation may extend further to the west.”
Today’s release continues to build on the previously released positive drill results for the current Sulphur Springs in-fill drilling programme.”
Mr Reilly said the results for hole SSD097 supports the significant zinc intersections reported for the previously released hole SSD094, which returned significant zinc intercepts of 20m @ 12.05% Zn from 83m including 4m @ 20.8% Zn.
Hole SSD097 was targeted down-plunge of SSD094 and demonstrates the continuity of zinc mineralisation in this area.
“While further drilling is required, the possibility of a new zinc lens developing in this part of the orebody continues to be an exciting development.”