Artemis Resources

Titan Delivers Further High-Grade Rock Chip Results Surface Sampling Assays Exceed 55% Gold, 1,000 g/t Silver Emergence of Broad Mineralised Area over Titan Prospect

Artemis Resources Limited (‘Artemis’ or the ‘Company’) (ASX/AIM: ARV) is pleased to announce ground reconnaissance at the Titan prospect in the West Pilbara region of Western Australia continues to deliver high grade gold and silver from assays, highlighting the emergence of a broad mineralised area over the prospect.


Highlights:

  • Recent rock chip sampling at Titan delivers further high-grade gold from assays, and newly discovered silver including:
    • 553,754 g/t Au & 1,305 g/t Ag (24AR19-075)
    • 223,056 g/t Au & 1,195 g/t Ag (24AR19-068)
    • 33,389 g/t Au & 233 g/t Ag (24AR19-061)
    • 7.5 g/t Au (24AR19-032)
    • 5.7 g/t Au (24AR19-047)
    • 1.2 g/t Au (24AR19-040)
    • 2.0 g/t Au (24AR19-030)
  • Emerging broad prospective area covering >63ha and considered to remain open pending further exploration
  • Previous reported over-limit and high-grade assays have now been quantified by the laboratory and returned assay results as follows;
    • 692,579 g/t Au & 3,000 g/t Ag (24AR11-005)
    • 471,937 g/t Au & 1,775 g/t Ag (24AR11-008)
    • 45,103 g/t Au & 344 g/t Ag (24AR11-004)
    • 7,440 g/t Au & 212 g/t Ag (24AR11-002)
Executive Director George Ventouras commented: “It is pleasing to see further high- grade rock chip assays being recorded at the Titan prospect, together with confirmation of the extent of gold in previous sampling. These results, together with the previously reported gold, silver and copper results, point to the Carlow tenement being a highly prospective region with the potential for a larger scale gold system.

These high-grade gold assays continue the trend found in our original rock chip discoveries at Titan1 by emerging from quartz-iron veining and are therefore not analogous to conglomerate mineralisation. This veining structure will vary throughout Titan but the structure continues to demonstrate its potential. We are looking forward to further gold exploration at Titan and over the greater Carlow tenement.”

Titan Prospect

The Titan prospect is located towards the northern part of the Carlow tenement E47/1797, in the West Pilbara region of Western Australia. Titan has had minimal exploration work conducted previously other than broad spaced soil sampling and a constrained moving loop transient electromagnetic survey (MLTEM).

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

The Company has followed up the preliminary ground reconnaissance undertaken in August 2024 with a second phase of sampling. This second phase has confirmed the previously reported over-limit assay results and also identified further potential mineralised areas through the discovery of additional high grade, previously untested quartz/iron-oxide veins. In total, 97 samples were collected and sent to the laboratory for processing. The majority of samples were collected from in-situ veining with some sub-crop and three float samples.


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)
Flagship Minerals

Flagship Commences Review of Anglo Dataset at 1Moz+ Pantanillo Gold Project, Chile

Data confirms large oxide system - Re-cutting published cross sections withexceptional grades and scale - Multiple +100 gram/meter intersections

Flagship Minerals Limited (ASX:FLG) (“Flagship” or “the Company”) is pleased to confirm that its initial review of the recently purchased Pantanillo dataset from Anglo American Norte SpA (Anglo) confirms that it is in good order and comprises over 700 files containing >10,000 documents. This is accompanied by over 100 tonnes of core, pulps and sample.

Keep reading...Show less
Gold coin stacks with up arrow.

Gold Price Soars Past US$3,500 to New High as Market Eyes September Rate Cut

The gold price climbed to new record highs on Tuesday (September 2), reaching US$3,539.90 per ounce.

The yellow metal has had upward momentum since US Federal Reserve Chair Jerome Powell’s comments at the Jackson Hole Economic Policy Symposium on August 22 fueled speculation about a September interest rate cut.

He suggested risks in the market may be shifting as greater uncertainty bleeds into the American economy on the back of higher tariffs, tighter immigration and slowing growth in the labor market.

Keep reading...Show less
Three gold bars on price chart with magnifying glass.

What Was the Highest Price for Gold?

Gold has long been considered a store of wealth, and the price of gold often makes its biggest gains during turbulent times as investors look for cover in this safe-haven asset.

The 21st century has so far been heavily marked by episodes of economic and sociopolitical upheaval. Uncertainty has pushed the precious metal to record highs as market participants seek its perceived security.

And each time the gold price rises, there are calls for even higher record-breaking levels.

Keep reading...Show less
Aurum expands footprint of Boundiali and Napie Gold Projects

Aurum expands footprint of Boundiali and Napie Gold Projects

Aurum Resources (AUE:AU) has announced Aurum expands footprint of Boundiali and Napie Gold Projects

Download the PDF here.

Gold bars with text "5 Top Canadian Mining Stocks This Week."

Top 5 Canadian Mining Stocks This Week: Trifecta Shines with 117 Percent Gain

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.

Statistics Canada released its second-quarter gross domestic product (GDP) figures on Friday (August 29). The data showed that the Canadian economy shrank 0.4 percent in the second quarter and declined 1.6 percent on an annualized basis. The decrease comes following first-quarter gains of 0.5 percent and a 2 percent annualized increase.

Much of the decrease was attributed to a 7.5 percent drop in exports compared to Q1. Canadian exports had risen 1.4 percent in the first three months of the year as US companies increased imports to get ahead of incoming tariffs.Excluding the lower costs at the pumps, CPI remained steady at 2.5 percent, the same increase as May and June.

Keep reading...Show less

Latest Press Releases

Related News

×