Venture Minerals Hits Further Copper and Zinc Rich Sulphides at Golden Grove North

THE DRILL SERGEANT: Venture Minerals (ASX: VMS) has continued its recent drilling success at the Orcus target within the company’s Golden Grove North project in Western Australia.

Venture Minerals announced the second and third holes drilled into the Orcus target had both encountered disseminated to semi-massive sulphides with copper and zinc.

Venture’s second drill hole (ORRC002) at Orcus intersected 23 metres of disseminated to semi-massive sulphides with copper and zinc, 50 metres down-dip of the firsthole ORRC001 (33 metres of disseminated to semi-massive sulphides with copper and zinc).

Venture’s third drill hole (ORRC003) at Orcus intersected 69m of disseminated and semi-massive sulphides with copper and zinc, 50m down-dip of ORRC002 and over 120m down-dip of the historic drill intersection from WRC054.

The company carried out a visual inspection and preliminary hand-held XRF analyses on the RC chips in sulphide rich zones of ORRC002 and ORRC003, which it claimed verified the presence of copper and zinc (chalcopyrite and sphalerite) within the pyrite dominated sulphides.

Samples from the first three holes at Orcus have been submitted to the laboratory for assay to confirm the observed mineralisation.

“The second and third drill holes at Orcus have confirmed the success of the first drill hole with further intersections of sulphides containing copper and zinc,” Venture Minerals managing director Andrew Radonjic said in the company’s ASX announcement.

“This now means we have already identified 120 metres of VMS style sulphide mineralisation open at depth on the first line of drilling at Orcus, which bodes well for the next line of drilling 300 metres to the south across the strongest part of the EM anomaly, and the highest-grade copper in soil results recorded at the prospect.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@ventureminerals.com.au

 

Web: www.ventureminerals.com.au