Venturex looks at Sulphur Springs hub
20th Mar 2012
PERTH, Mar 20 – Venturex Resources looks set to switch the processing hub for its Pilbara copper-zinc project in northern Western Australia about 320km by road from Whim Creek to Sulphur Springs.
The current feasibility study is focused on the development of two mining operations -- open pit mining at Whim Creek and a high productivity underground mine at Sulphur Springs feeding a centralised processing facility previously planned for the existing Whim Creek mine site.
The processing facility is being scaled to handle an annual combined production of 1.3-1.5Mtpa for annual metal in concentrates production of about 20,000t of copper, 40,000t zinc and 700,000oz silver over an initial 9 year mine life.
However, the rapid growth in the Sulphur Springs underground mine ore reserves has necessitated the evaluation of transferring the hub to Sulphur Springs.
Completion date for the feasibility has been extended to the end of the September quarter.
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