The Australian-based exploration company, Venture Minerals Ltd, has recently reported robust drilling results from its prospective copper-zinc-lead-silver-tin Tarraji-Yampi project in Western Australia. The venture, which is located in the highly prospective West Kimberley region, saw an 80%-100% core recovery from the completed drilling program.
The Tarraji-Yampi project designed the drilling program to test several prospective targets and the results announced are based on the first six diamond drill holes. All the holes drilled intersected significant sulphide mineralisation, visually identified as predominantly sphalerite (zinc-lead mineral), chalcopyrite (copper mineral), and galena (lead-silver mineral).
The exploration strategy of Venture Minerals to drill gossan-type targets with coincident chargeability highs (a type of geophysical feature indicating potential metallic content) seems to have generated fruitful outcomes. All these six holes in the Tarraji-Yampi project were drilled in gossan areas with chargeability highs.
Among the numerous gossan-type targets, two notable prospects, EM1 and EM2, have been part of this drilling pursuit.
Drilling at the EM1 prospect intersected mineralisation in every hole. Notably, hole TYDD001, a 225.2 metres deep drill, yielded about 80% core recovery with visible mineralisation. Likewise, hole TYDD002, which reached 216.2 metres, delivered similar mineralisation with about 100% core recovery. The same holds for other EM1 holes like TYDD003 and TYDD004 which also intersected significant mineralisation.
The EM2 prospect, meanwhile, was subjected to two holes, TYDD005 and TYDD006. Both these holes intersected significant mineralisation with the former reaching 201.2 metres and offering around 92% core recovery. This indicates a very encouraging sign of mineral potential at the EM2 prospect.
Drilling outcomes from both EM1 and EM2 prospects verify the existence of sulphide mineralisation and highlight the value of Venture Minerals’ exploration strategy. The visual observations and core recovery percentages from these interceptor holes demonstrate the prospects’ potential for more extensive mineralisation.
Venture Minerals has effectively used modern geophysical techniques like Induced Polarisation (IP) to pinpoint drilling targets in areas with high probability of mineralisation. By successfully intersecting significant mineralisation and achieving high core recovery rates, Venture Minerals has demonstrated the potential of the Tarraji-Yampi project for future exploratory and possibly commercial mining operations.
Moving forward, samples from these drilling operations will undergo further laboratory testing to precisely determine the grades of the intersected mineralisation. This will significantly raise our understanding of the overall quality and economic feasibility potential of the mineralisation at the Tarraji-Yampi project.
Indeed, these strong drilling results from the Tarraji-Yampi project have further solidified Venture Minerals’ portfolio, serving as a testament to the company’s strategic exploration approach. With continuing exploration, Venture Minerals is well-equipped to uncover and prove further mineral resources while delivering value for its stakeholders.