Attached please find a press release on: Venturex Resources Limited (ASX Code: VXR) (“Venturex”) is pleased to provide an update on the substantial progress of the Pilbara VMS Bankable Feasibility Study (BFS). The BFS parameters have increased with an anticipated annual production rate of circa 20,000 tonnes of copper and 40,000 tonnes of zinc (in concentrates), along with payable silver and gold credits. Ore will initially be sourced from open pit mining operations at Whim Creek and underground mining operations at Sulphur Springs in the Pilbara region of Western Australia.

Managing Director Tim Sugden said the BFS is progressing well and exceeding expectations in many areas. “I’m very pleased with our progress on the BFS to date. Now that the mining studies are nearing completion and a comprehensive metallurgical test work program is underway, the robust nature of the Pilbara VMS Project is becoming clearer.”