Artemis Resources Limited (ASX:ARV, Frankfurt: ATY, US OTCQB: ARTTF) has reported another round of impressive assay results from recent RC drilling at its 100%-owned Carlow Gold and Copper Project in the west Pilbara region of Western Australia.
It is the second round of results released by Artemis from its 52 hole, ~14,000m RC drill programme and all but one drill result is located outside the current resource footprint.
RC holes were targeted to test the system near surface and at depth, with the better intersections being:
- 13m @ 5.86g/t Au, 0.21% Cu, 0.137% Co from 58m
- 3m @ 11.39g/t Au, 6.82% Cu, 0.06% Co from 108m
- 5m @ 5.75g/t Au, 2.67% Cu, 0.06% Co from 111m
- 7m @ 1.42g/t Au, 1.36% Cu, 0.03% Co from 120m
- 2m @ 8.43g/t Au, 0.50% Cu, 0.48% Co from 159m
- 8m @ 1.32g/t Au, 0.21% Cu, 0.009% Co from 177m
- 5m @ 1.73g/t Au, 1.47% Cu, 0.01% Co from 67m
Executive Director Alastair Clayton said given the Western Zone at Carlow has only been drilled to approximately 120m vertical depth he believed these results had the potential to dramatically alter the economics of the entire Western portion of the Carlow Gold and Copper Project.