1 September 2017
Purdy’s Reward Exploration Update -Karratha, Western Australia
Highlights:
• Novo Resources Corp. (‘Novo”) formally appointed exploration manager at Purdy’s Reward.
• Hard rock trenching machines to start in 3 weeks, under an approved programme of work (“POW”) and within heritage cleared areas.
• POW for diamond core drilling at Purdy’s Reward submitted. Drilling to target along the gold bearing near surface expression of the conglomerate. Drilling also to target down dip where the conglomerate is open in all directions. Approvals are awaited and heritage clearances requested.
• POW’s for large diameter Reverse Circulation (RC) drilling at Purdy’s Reward have been approved. Heritage clearances have been requested.
• Before large diameter RC drilling is undertaken, diamond core holes as discussed above will be used to refine exploration.
David Lenigas, Artemis’s Executive Chairman, commented;
“We are looking forward to exploration activities at Purdy’s Reward escalating towards significant sub surface investigation. The results of the initial trenching and diamond core programmes will shape exploration for the future and help refine the best way to deal with such a coarse gold project. The work will also help refine the geological setting.
” Artemis Resources Limited (“Artemis” or “the Company”) (ASX: ARV) is pleased to announce that Novo Resources Corp. (“Novo”) has now formally been appointed exploration manager for Purdy’s Reward and that significant ground disturbing activities are due to start at Purdys Reward (Figure 1), located south of Karratha in the West Pilbara, Western Australia.
Novo advise that exploration activities are due to start in 3 weeks, with a rock trenching machine, that will cut a 2 to 3 metre deep trench through the conglomerate unit to better define the gold bearing unit and allow sampling and mapping.
Diamond drilling will be undertaken along the prospective gold bearing units near surface and also down dip where the gold mineralisation remains open in all directions. Once all the above work has been completed large diameter RC will be completed.
A Programme of Work (POW) has been submitted to the Department of Mines, Industry, Regulation and Safety (DMIRS). To complete all the above work and Heritage clearances have been requested from Ngarluma Aboriginal Corporation for areas outside current heritage cleared areas.
For more detail please refer to the below Novo Resources Corp New Release as released by Novo on 31 August 2017:
https://artemisresources.com.au/wp-content/uploads/2017/09/ARV_Purdys-Reward-Update_Final-final.pdf