RNS16 Apr 2024 07:55
Artemis Resources Limited Gold Review in West Pilbara
16/04/2024 7:48am
RNS Regulatory News
RNS Number : 7740K
Artemis Resources Limited
16 April 2024
This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
16 April 2024
Artemis Resources Limited
("Artemis" or the "Company")
GOLD REVIEW IDENTIFIES MULTIPLE TARGETS IN WEST PILBARA
DRILL ASSAYS INCLUDE 5m @ 6.23% Cu, 3.01 g/t Au & 45.32 g/t Ag
ROCK CHIP ASSAYS INCLUDE 23 g/t Au
· Internal review of historical data uncovers gold and copper targets
· Multiple prospects identified across Carlow, Silica Hills and Osborne tenements
· Peak rock chip assay results hit 23 g/t Au at Orpheus prospect
· Peak drill intercepts includes 5m @ 6.23% Cu, 3.01 g/t Au & 45.32 g/t Ag at the Chapman prospect
· Priority targeting currently underway to expand gold exploration program, in addition to drilling at the Lulu Creek prospect
Artemis Resources Limited ('Artemis' or the 'Company') (ASX/AIM: ARV) provides this update to shareholders on its Karratha Gold Precinct exploration program.
The Karratha Gold Precinct covers an area of more than 200km2 in the West Pilbara region of Western Australia. It is located ~20km from the main regional town of Karratha, which is only a 2-hour flight from Perth.
Executive Director George Ventouras commented "Through a recent internal review of Artemis historical tenement data, we have uncovered numerous prospects that display high prospectivity and compelling first pass results. Given the current gold price and market sentiment, we are very excited by the opportunity to explore these further. Given the Company's tenement locations and the dual streams of lithium and gold, we are confident that the pathway forward will be a positive development for the Company."