Venturex Resources Limited (ASX:VXR)

Bill Beament
Market Cap (AUD): 383.66M
Sector: Materials
Last Trade (AUD): 0.55 +0 (+0%)
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1. About

Venturex Resources Limited (ASX:VXR) is building a mid-tier base metals business underpinned by its cornerstone Copper-Zinc Sulphur Springs project.

Sulphur Springs

The Company's Sulphur Springs project is located south east of Port Hedland and includes the Sulphur Springs and Kangaroo Caves deposits together with tenements along the 27 km Panorama Trend that contain six advanced targets 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.

Whim Creek Joint Venture Project

The Whim Creek Copper-Zinc Project is located to the south west of Port Hedland and includes the Whim Creek, Mons Cupri, Salt Creek and Evelyn deposits where 67,000 tonnes of copper was produced from historic (near surface) oxide ores.

The Whim Creek JV Project includes crushing and heap leach infrastructure, offices, workshops and established water supplies, along with a regional exploration package with gold and base metal prospectivity. 

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk