EXPLORATION & DEVELOPMENT

Venturex study suggests open pit mining

Venturex Resources has revealed the results of an optimisation study for the Pilbara copper-zinc project in Western Australia, including a 28% reduction in pre-production capital to A$202 million (US$145 million), and a 30% increase in mine life to 11 years.

Chalcopyrite intersected in exploration at the Pilbara project

Chalcopyrite intersected in exploration at the Pilbara project

The study identified an opportunity to use an open pit mining operation to extract the top portion of the Sulphur Springs deposit before moving to underground mining, resulting in a 46% reduction in forecast...

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