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Artemis Resources Ltd.
Summary
| Project: | Carlow Castle | |
|---|---|---|
| Deposit: | Carlow Castle | |
| Location: | Australia | |
| Commodities: | Copper-Cobalt-Gold | |
| Date: | 5/6/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-5-2020: Artemis Resources Ltd. announces an Exploration/Drilling Update report for its Carlow Castle deposit at the Carlow Castle project. Drilling results incl. 43m @ 1.1g/t Au, 0.12% Co, 1.13% Cu from 86m. The combination of aircore, RC and diamond dr | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Allan Younger (Internal) | |
| ABSTRACT: | The combination of aircore, RC and diamond drilling campaigns to kick off in the coming weeks will mark an extensive rolling phase of resource and greenfield exploration across the virtually untested greater Carlow Castle project area. Concurrently, Artemis is also finalising exploration plans for our 100%-owned Paterson Central Gold-Copper Project adjacent to and surrounding the exciting Havieron discovery. All of this will deliver us an incredibly busy schedule of activity and newsflow over the next few months.” Artemis Resources Limited (“Artemis” or “the Company”) is pleased to provide an update and results from a reverse circulation (RC) programme (Figure 1) from the Carlow Castle Au-Cu-Co Project, about 45km east of Karratha in Western Australia’s Pilbara region. The three aims of this programme were to: Secondly, a first-ever downhole electromagnetic (DHEM) programme at Carlow Castle was successful and revealed an identifiable signature of the higher-grade sulphide mineralisation. This will be used to efficiently target our future drilling to increase the resource area. The final hole of the programme (ARC 222) had to be abandoned at a depth of 45m because of the failure of a booster compressor and thus an important eastern extensional DHEM loop could not be run. The Company intends to opportunistically complete this loop as soon as practicable. | |
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