Artemis RND16 Jan 2019 22:02
https://www.asx.com.au/asxpdf/20190117/pdf/441xh96q6zm3wb.pdf
8 TARGETS IDENTIFIED NEAR HAVIERON DISCOVERY - PATERSON RANGES
Highlights:
• Artemis’ Armada Prospect covers an area of ~600km2 in the highly prospective Paterson Province of Western Australia, surrounding Greatland Gold Plc’s Havieron Project to the north, south and east (Figure 1).
• Artemis airborne magnetic surveying has identified eight (8) compelling areas of interest within 22 km radius of Havieron.
• Greatland Gold Plc have released the following drilling results to date:
o
o o
HAD005 - 275m at 4.77g/t gold and 0.61% copper from 459m, including: ➢ 118m at 3.08g/t gold and 0.84% copper from 459m, and
➢ 157m at 6.04g/t gold and 0.44% copper from 660m. *
HAD001 - 121m at 2.93g/t gold and 0.23% copper from 497m.**
HAD003 - 21m at 3.79g/t gold and 0.44% copper from 418m***, including
• 1m at 29.12g/t gold and 0.4% copper from 428.5m.
• KZINTI target is directly along strike from Havieron and based on this survey the magnetic unit is ~1km
long.
• Gravity survey planned to assist with drill targeting.
Artemis Resources Limited (“Artemis” or “the Company”) (ASX: ARV, Frankfurt: ATY, US OTC: ARTTF) is pleased to provide this update on a recently completed airborne magnetic survey conducted on its 100% owned 605 km2 Armada Prospect (ELA 45/5276) within the highly prospective Proterozoic Paterson orogen, located approximately 40km east of the multi-million-ounce Telfer Gold-Copper mine, and contiguous to the Haverion gold and copper discovery (“Havieron”) by Greatland Gold Plc, in the East Pilbara region of Western Australia.
Ed Mead, Artemis’ Executive Director, commented;
“The drilling results from Greatland Gold on their Havieron gold copper discovery near Telfer are quite extraordinary.
The latest airborne survey undertaken by Artemis has now identified a large number of very prospective exploration targets surrounding Havieron, with the Kzinti Target as close as only 2.5 km away and on the Greatland/Artemis tenement boundary. Artemis surrounds Havieron on three sides and right now we see this project as one of the most exciting in the Company’s extensive Pilbara tenement portfolio.”