Connect with us

Hi, what are you looking for?

Smart Investment StepsSmart Investment Steps

Editor's Pick

High-Grade Gold & Copper Assays at Thorpe Prospect

Artemis Resources Limited (‘Artemis’ or the ‘Company’) (ASX/AIM: ARV) is pleased to provide an update on further exploration undertaken on the 100% owned Karratha Gold Project in the West Pilbara region of Western Australia.

Highlights:

ROCK CHIP SAMPLING ASSAYS RETURN GRADES OF UP TO 45.8 G/T GOLD AND 10.3% COPPER AT THORPE PROSPECT
SURFACE GOLD FOOTPRINT OF CARLOW TENEMENT CONTINUES TO INCREASE
ROCK CHIP SAMPLING OF VEINS WITHIN TWO STRUCTURES AT THORPE DELIVERS HIGH-GRADE GOLD, COPPER AND SILVER ASSAY RESULTS, INCLUDING:
Rock Chip Assay Results (Sample No)

45.8 g/t Au, 3.7% Cu & 38.6 g/t Ag (24AR22-020)
12 g/t Au, 1.1% Cu & 3.7 g/t Ag (24AR22-014)
5.9 g/t Au, 1.0% Cu & 17.8 g/t Ag (24AR22-006)
3.4 g/t Au, 2.5% Cu & 4.2 g/t Ag (24AR22-031)
3.0 g/t Au, 2.1% Cu & 24 g/t Ag (24AR22-026)
6.2% Cu, 0.8 g/t Au & 5.6 g/t Ag (24AR22-016)
6.1% Cu, 1.6 g/t Au & 13.5 g/t Ag (24AR22-009)
10.3% Cu, 0.4g/t Au & 69.4 g/t Ag (24AR22-013)

PLANS FOR DRILL TESTING PRIORITY TARGETS WHICH INCLUDE AREAS OF HIGH GRADE GOLD, COPPER AND SILVER VEINS AT SURFACE, IS ADVANCED

The Company has undertaken further ground reconnaissance and rock chip sampling across the Carlow tenement, with the goal to map all outcropping mineralised veins and structures and define additional priority targets for drilling.

The current exploration strategy is to use industry best techniques including geochemical and geophysical surveys combined with structural interpretations to identify targets within what Artemis considers is a wide, highly prospective and underexplored structural corridor with potential to host substantial gold deposits.

Executive Director George Ventouras commented:“We are very excited that prospects located on the Carlow tenement continue to deliver further high-grade gold, copper and silver results from extensive veins at surface.

While several of these prospects have had minor drilling programs, the exploration team continues to compile data to identify the source of the widespread gold discovered at surface. Combined with the Titan prospect and other targets in the immediate Carlow area, the future looks very bright for the Karratha Gold Project.”

Thorpe Prospect

The Thorpe Prospect is located in the southeast part of the Carlow tenement, E47/1797. The recent ground reconnaissance program involved collecting additional rock chip samples at Thorpe to define the extent of the gold bearing veins and other structures. A small number of samples were also taken close to the Carlow deposit.

Click here for the full ASX Release

This post appeared first on investingnews.com

Enter Your Information Below To Receive Latest News and Articles




    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Economy

    In the fast-paced world of cryptocurrency trading, having a strategic edge is essential for investors aiming to navigate the volatile markets. PamBoRich, a rising...

    Economy

    Adani Group shares experienced a rebound on Monday, recovering from last week’s steep losses sparked by U.S. criminal charges against Chairman Gautam Adani and...

    Stock

    Securities and Exchange Commission Chair Gary Gensler will resign on Jan. 20, the agency announced Thursday, paving the way for President-elect Donald Trump to...

    Stock

    The box office this weekend will be painted pink and green, with a splash of red. Universal’s “Wicked” and Paramount’s “Gladiator II” arrive ahead of the Thanksgiving...

    Disclaimer: smartinvestmentsteps.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 smartinvestmentsteps.com