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Artemis Resources Limited is gold copper and lithium focused resources company. It holds three projects in Western Australia, including Carlow Castle gold-copper-cobalt project in the West Pilbara; Paterson Central project in the Paterson Province (located adjacent to Greatland Gold / Newcrest’s recent gold-copper discovery at Havieron, and Osborne joint venture in the West Pilbara. The Carlow... see more

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Artemis Resources Ord Shs > Artemis reports some serious intercepts at Carlow Castle...

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Post by RickJ65 on Aug 28, 2018 9:14pm

Artemis reports some serious intercepts at Carlow Castle...

HIGH-GRADE Au, Co and Cu HITS CONTINUE AT CARLOW CASTLE

132m @ 4.89g/t Au, 0.25% Co and 1.11% Cu from 98m (ARC 139)

Artemis Resources Limited (“Artemis” or “the Company”) (ASX: ARV and Frankfurt: ATY) is pleased to announce high grade intercepts from reverse circulation (RC) drilling at the company’s Carlow Castle Project in the West Pilbara.

HIGHLIGHTS

Excellent gold, cobalt and copper assays continue to be delivered from the Company’s Carlow Castle Project. Best RC drill intersections include:

* 132m @ 4.89g/t Au, 0.25% Co and 1.11% Cu from 98m (ARC 139)
including:
* 16m @ 18.78g/t Au, 0.82% Co and 2.37% Cu from 211m, and
* 5m @ 29.74g/t Au, 1.12% Co and 3.42% Cu from 213m.
* 53m @ 7.6g/t Au, 0.33% Co and 1.57% Cu from 151m (ARC 138).
* 33m @ 17.29g/t Au, 0.37% Co and 2.22% Cu from 151m (ARC 133),
including:
* 4m @ 102g/t Au, 1.22% Co and 9.99% Cu from 175m.
* 15m @ 3.2g/t Au, 0.42% Co and 0.8% Cu from 148m (ARC 102) including:
* 5m @ 7.47g/t Au, 1.04% Co, 1.24% Cu from 148m.
* 3m @ 31.5g/t Au, 1.45% Co and 3.57% Cu from 130m (ARC 102).
* 3m @ 5.8g/t Au, 0.13% Co and 0.59% Cu from 173m (ARC 102).

Carlow Castle is located ˜35km from the Company’s 100% owned Radio Hill processing plant. Additional assays are pending and will be released as soon as they become available.

Artemis’ Chief Executive Officer Wayne Bramwell commented:

“Carlow Castle is new and becoming a significant discovery in the West Pilbara. The gold, cobalt and copper tenor defined by Artemis to date is exceptionally high and the system is open at depth and along strike. Our current drilling footprint only covers an area 500m wide by 1.2km long and the three known targets are rapidly morphing into a much larger system than initially predicted.

Artemis is excited as to the potential local and regional scale of this system. More assays are pending, with Artemisremaining focused upon delivering a resource update for Carlow Castle in the next quarter.”

https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTDYC6gm8yhmZoeVvke92GA%3D%3D

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