The firm has appointed of Optimum Capital as its debt advisor to secure the required funds for the project.
Commenting on the alliance Venturex managing director Michael Mulroney stated that the company is looking forward to working with Optimum.
"Optimum has an enviable track record of securing debt funding for junior and mid-tier resource companies," opined Mulroney.
A recently concluded feasibility study has suggested metal production profile of 16,500tpa copper, 30,000tpa zinc and 200,000ozs per annum of silver for at least 8.5 years.
Venturex operates a portfolio of copper, zinc, lead, silver and gold resources at Sulphur Springs, Kangaroo Caves, Whim Creek, Mons Cupri, Salt Creek and Liberty-Indee besides gold exploration in Brazil.
