Artemis Resources

High-Grade Gold & Copper Assays at Thorpe Prospect

Artemis Resources Limited (‘Artemis’ or the ‘Company’) (ASX/AIM: ARV) is pleased to provide an update on further exploration undertaken on the 100% owned Karratha Gold Project in the West Pilbara region of Western Australia.


Highlights:

  • ROCK CHIP SAMPLING ASSAYS RETURN GRADES OF UP TO 45.8 G/T GOLD AND 10.3% COPPER AT THORPE PROSPECT
  • SURFACE GOLD FOOTPRINT OF CARLOW TENEMENT CONTINUES TO INCREASE
  • ROCK CHIP SAMPLING OF VEINS WITHIN TWO STRUCTURES AT THORPE DELIVERS HIGH-GRADE GOLD, COPPER AND SILVER ASSAY RESULTS, INCLUDING:
  • Rock Chip Assay Results (Sample No)
    • 45.8 g/t Au, 3.7% Cu & 38.6 g/t Ag (24AR22-020)
    • 12 g/t Au, 1.1% Cu & 3.7 g/t Ag (24AR22-014)
    • 5.9 g/t Au, 1.0% Cu & 17.8 g/t Ag (24AR22-006)
    • 3.4 g/t Au, 2.5% Cu & 4.2 g/t Ag (24AR22-031)
    • 3.0 g/t Au, 2.1% Cu & 24 g/t Ag (24AR22-026)
    • 6.2% Cu, 0.8 g/t Au & 5.6 g/t Ag (24AR22-016)
    • 6.1% Cu, 1.6 g/t Au & 13.5 g/t Ag (24AR22-009)
    • 10.3% Cu, 0.4g/t Au & 69.4 g/t Ag (24AR22-013)
  • PLANS FOR DRILL TESTING PRIORITY TARGETS WHICH INCLUDE AREAS OF HIGH GRADE GOLD, COPPER AND SILVER VEINS AT SURFACE, IS ADVANCED

The Company has undertaken further ground reconnaissance and rock chip sampling across the Carlow tenement, with the goal to map all outcropping mineralised veins and structures and define additional priority targets for drilling.

The current exploration strategy is to use industry best techniques including geochemical and geophysical surveys combined with structural interpretations to identify targets within what Artemis considers is a wide, highly prospective and underexplored structural corridor with potential to host substantial gold deposits.

Executive Director George Ventouras commented:“We are very excited that prospects located on the Carlow tenement continue to deliver further high-grade gold, copper and silver results from extensive veins at surface.

While several of these prospects have had minor drilling programs, the exploration team continues to compile data to identify the source of the widespread gold discovered at surface. Combined with the Titan prospect and other targets in the immediate Carlow area, the future looks very bright for the Karratha Gold Project.”

Figure 1. Artemis West Pilbara tenements with current known prospects named

Thorpe Prospect

The Thorpe Prospect is located in the southeast part of the Carlow tenement, E47/1797. The recent ground reconnaissance program involved collecting additional rock chip samples at Thorpe to define the extent of the gold bearing veins and other structures. A small number of samples were also taken close to the Carlow deposit.


Click here for the full ASX Release

This article includes content from Artemis Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

The Conversation (0)
Stacked gold and silver bullion bars on a dark background.

Larisa Sprott: Gold, Silver Early in Cycle, Smart Money Buying Now

Larisa Sprott of Sprott Money and Argo shares her thoughts on the gold and silver markets, saying she sees the "smart money" continuing to gravitate toward these metals.

In her view, price dips present a chance to get in at lower levels.

Keep reading...Show less
Antilles Gold Limited (ASX:AAU)

Concentrate Offtake Agreements Signed for Nueva Sabana Copper-Gold Mine, Cuba

Antilles Gold Limited (“Antilles Gold” or the “Company”) (ASX: AAU) advises that 50% owned Cuban joint venture mining company, Minera La Victoria SA, and a major global commodities trading house have signed two off-take agreements for the purchase of the gold concentrates and the copper/gold concentrates to be produced by the Nueva Sabana mine (“Nueva Sabana Mine”).

Keep reading...Show less
Win Metals

Exploration Target at Golden Crown to Focus on Resource Growth

WIN Metals Ltd (ASX: WIN) (“WIN” or “the Company”) is pleased to announce an Exploration Target for the high-grade Golden Crown gold deposit, part of the Company’s Butchers Creek.

Keep reading...Show less
Rick Rule, mine site.

Rick Rule: Gold Stock Outlook, "Superb" Silver Opportunity, Key Uranium Shift

Rick Rule, proprietor at Rule Investment Media, shares his latest thoughts on gold.

He also discusses silver, uranium and oil and gas.

Keep reading...Show less
Bold Ventures (TSXV:BOL)

Bold Ventures


Keep reading...Show less

Latest Press Releases

Related News

×