logo
powered-by-canningspurple
Navigation
logo powered-by-canningspurple
  • Insight
  • Companies
    • Aeris Resources
    • Altrad
    • Argonaut
    • Artemis Resources
    • BLK Auto
    • BMG Resources
    • Buru Energy
    • Catalyst Metals
    • ChemX Materials
    • Core Lithium
    • DDH1 Drilling
    • Dreadnought
    • FBR
    • Finbar
    • Focus Minerals
    • Gold Road Resources
    • Hastings Technology Metals
    • Hyzon Motors
    • Jupiter Mines
    • Lykos Metals
    • Mineral Resources
    • Northern Minerals
    • Northern Star
    • NRW Holdings
    • Paydirt
    • Rand Mining
    • Raven SR
    • Rox Resources
    • St George Mining
    • Sundance Resources
    • Torrens Mining
    • Tribune Mining
    • Vimy Resources
    • VRX Silica
    • Westgold Resources
    • Zenith Minerals
  • Industries
    • Broking Firm
    • Clean energy
    • Copper
    • Gold
    • Insight
    • Iron ore
    • Lithium
    • Manganese
    • Mining Services
    • Nickel
    • Oil & Gas
    • Property
    • Rare Earths
    • Silica Sand
    • Technology
    • Uranium
    • Zinc
  • Video
  • About
  • Contact
  • Subscribe

Home / Copper / Artemis reports up to 2.62% cobalt and 7.44% copper complementing excellent gold results from drilling at Carlow Castle, WA

Artemis Resources

  • ASX: ARV
    • Cu
    • Au

Artemis reports up to 2.62% cobalt and 7.44% copper complementing excellent gold results from drilling at Carlow Castle, WA

  • 4 February

Artemis Resources (ASX: ARV) today provided an update on drill programs currently underway at its 100%-owned Carlow Castle gold and copper project in the west Pilbara region of Western Australia.


HIGHLIGHTS: 

Further assays received from the 2020 42-hole, multi-rig drilling campaign at the Carlow Castle Gold Copper Cobalt Project.

New Carlow Deeps “Feeder Zone” drill holes 20CCAD007 and 008W: 

  • 7m @ 1.08g/t Au, 0.92% Cu, 1.03% Co from 618m in 20CCAD008W, including 2m @ 3.18g/t Au, 2.04% Cu, 2.62% Co from 619m.

  • 3m @ 0.74g/t Au, 0.14% Cu, 1.25% Co from 575m.

  • 4m @ 2.27g/t Au, 1.27% Cu, 0.38% Co from 504m in 20CCAD007, including 1m @ 8.07g/t Au, 3.56% Cu, 0.80% Co from 505m.

Resource area infill diamond hole 20CCAD010: 

  • 8m @ 5.63g/t Au, 3.87% Cu, 0.21% Co from 122m in 20CCAD010, including 3m @ 11.62g/t Au, 7.44% Cu, 0.35% Co from 127m; and

  • 17m @ 2.13g/t Au, 1.16% Cu, 0.36% Co from 141m, including 5m @ 5.05g/t Au, 1.25% Cu, 1.25% Co from 150m.

These latest drill results demonstrate that high grade gold, copper and cobalt is being routinely discovered at Carlow Castle, with exceptional combined metal content at Carlow Deeps.

The Carlow Castle 10,000m 2021 RC drill campaign is approximately 50% complete (23 of 35 planned holes), targeting step-out, new discovery zones, and resource extensions.

Alastair Clayton, Executive Director commented: “Given the strength of the Gold grades being reported from our drill campaign, it is sometimes easy to overlook the exceptional Copper and Cobalt grades at Carlow. 

“With Copper trading near 5-year highs at ~US$7,850/t and Cobalt fetching ~US$41,250/t, more than twice that of Nickel, the possible economic contribution of these metals to any future development at Carlow has the potential to be significant. 

“As both metals are keenly sought after to support the booming global electric vehicle (EV) market, Carlow may present itself as a Western Australian supplier of Copper and Cobalt to global markets. 

“At Carlow Deeps, all three holes targeting mineralisation up to 250m vertically below the existing resource shells to extend known mineralisation from surface to nearly 500mRL were successful. 

“Carlow Deeps is a large target area comprising a near vertical E-W striking panel of mineralisation interpreted to be a chilled or feeder zone beneath the 1.2km strike of the Carlow resource area. 

“Thus far we have two holes on section 507540E and another 120m to the west. We intend to keep drilling Carlow Deeps vertically to 500mRL and along strike to the east and west with the goal of proving up a substantial resource. “

There are still more assays from our Q4 2020 programme due soon and our 10,000m, as our 2021 RC drill programme nears the halfway point.”



View full announcement

Peter Klinger

  • Contact

Share

  • LinkedIn
  • Twitter
  • Facebook

Most Read

  • 1 November

Nickel, cobalt anomalies at Sockovac; large new gold, copper anomalies at Sinjakovo

  • ASX:LYK
    • Ni
    • Cu
  • 28 September

Core Lithium – Primero Group Awarded EPC Contract for Finniss DMS Plant

  • ASX: CXO
    • Li
    • Clean energy
  • Insight
  • 26 June

Picking winners – the portfolio approach that offers blue-sky potential

  • ASX: AIS
    • Clean energy
    • Cu

Related

  • Insight
  • 15 May

Battery, gold metals play Lykos gets serious with the drill bit

  • ASX:LYK
    • Clean energy
    • Broking Firm
  • 9 May

Lykos commences drilling at Cajnice

  • ASX:LYK
    • Cu
  • 9 May

Dreadnought drilling complete at Illaara Project

  • ASX: DRE
    • Au
    • Cu
  • Insight
  • 9 May

Core, St George, BMG show value-creating grit across development timeline

  • ASX: CXO
    • II
    • Au

NEWSLETTER

Get news, as it happens

Sign up to receive our weekly roundup, and releases of interest, as they happen.

  • This field is for validation purposes and should be left unchanged.
logo

Investor Insight, powered by Cannings Purple, delivers the stories that matter to the people who matter – across your preferred communications platform.

From breaking news to analysis, opportunities and thought leadership, Investor Insight is your window into some of Australia’s most exciting listed and non-listed companies.

  • Insight
  • Companies
    • Aeris Resources
    • Altrad
    • Argonaut
    • Artemis Resources
    • BLK Auto
    • BMG Resources
    • Buru Energy
    • Catalyst Metals
    • ChemX Materials
    • Core Lithium
    • DDH1 Drilling
    • Dreadnought
    • FBR
    • Finbar
    • Focus Minerals
    • Gold Road Resources
    • Hastings Technology Metals
    • Hyzon Motors
    • Jupiter Mines
    • Lykos Metals
    • Mineral Resources
    • Northern Minerals
    • Northern Star
    • NRW Holdings
    • Paydirt
    • Rand Mining
    • Raven SR
    • Rox Resources
    • St George Mining
    • Sundance Resources
    • Torrens Mining
    • Tribune Mining
    • Vimy Resources
    • VRX Silica
    • Westgold Resources
    • Zenith Minerals
  • Industries
    • Broking Firm
    • Clean energy
    • Copper
    • Gold
    • Insight
    • Iron ore
    • Lithium
    • Manganese
    • Mining Services
    • Nickel
    • Oil & Gas
    • Property
    • Rare Earths
    • Silica Sand
    • Technology
    • Uranium
    • Zinc
  • Video
powered-by-canningspurple
  • About
  • Contact
  • Subscribe
  • Cannings Purple
  • Privacy Policy
  • Disclaimer

Copyright 2022 Cannings Purple