Artemis Resources has reported drilling results at its Apollo and southern Atlas targets, within its 100%-owned Paterson Central Project in WA.
The targets lie approximately 2km north of the 9.4Moz AuEq Havieron gold-copper discovery, and Artemis said the drilling at Atlas demonstrated the potential for discovering a significant gold-copper mineralised system.
Drilling at Apollo – part of a 5,135m diamond drilling program completed in H2 2022 – intercepted sporadic gold and copper with peak gold and copper grades of 1.73 g/t Au and 2.99% Cu.
Artemis Chairman Mark Potter said Apollo is part of a 1.5km long magnetic regional anomaly and appears to be a large regional splay fault that has been intruded by a dolerite intrusion – a similar structural setting to the Havieron discovery.
Mr Potter said: “The redefined drilling at the Apollo target has been highly encouraging from a technical perspective, it demonstrates the potential for discovering a significant gold-copper
“The initial early stage gold and copper anomalous signatures have nearly all the geological elements we are ultimately looking for when trying to discover the next Havieron-like orebody. Large intervals of crackle breccias and dense vein sets often with abundant pyrite, chalcopyrite and pyrrhotite have been discovered at Apollo.”
The Company anticipates further updates for shareholders in coming weeks.