Venturex Resources gets Mining Approval for Pilbara project

THE DRILL SERGEANT: A Mining Proposal by Venturex Resources (ASX: VXR) has received approval from the Western Australia Department of Mines and Petroleum for the development of the company’s Pilbara copper-zinc project at the Sulphur Springs site, located in the western Pilbara region.

 

Project location. Source: Company announcement

 

Venturex said the granting of the Mining Proposal represents the final core government approval for the project, having already secured Clearing Permit approval, and struck a Mining Agreement with the traditional owners.

“The successful securing of these key approvals for the Sulphur Springs site is a significant milestone for both the development of the project and the future of the company,” Venturex Resources managing director Michael Mulroney said in the company’s announcement to the Australian Securities Exchange.

“It’s a credit to the efforts of our project group and the relevant Government authorities that the permitting process has occurred in a timely fashion.

“We have long identified permitting as one of the key determinants to the successful, and timely, development of the project which is why the company has, and will continue to, invest considerable time and resources in our relationships with all stakeholders involved with the project.

“Our focus is now on advancing the project’s development options as part of the company’s drive to commercialise our extensive copper-zinc assets in the Pilbara region through 2014.”

Email: admin@venturexresources.com

Website: www.venturexresources.com