Artemis Resources (ASX: ARV) has provided an update on the continuing drill programs on its 100%-owned Carlow Castle in the west Pilbara region of Western Australia.
HIGHLIGHTS
-
Further new batches of assays received from the recently completed 42-hole, multi-rig drilling campaign at the Carlow Castle Gold Copper Project.
-
Step out RC holes to extend Resource Area 50m to the South.
-
44m @ 2.00g/t Au, 0.71% Cu, 0.15% Co from 132m; ARC 253.
-
5m @ 2.40g/t Au, 0.63% Cu, 0.09% Co from 82m; ARC252.
-
-
New Northern Discovery Zone – Shallow Reconnaissance RC holes ~250m North of the Resource Area;
-
11m @ 4.24g/t Au, 1.58% Cu from 71m ARC 233.
-
6m @ 1.33g/t Au, 0.93% Cu, 0.08 % Co from 102m (to EOH); ARC234.
-
-
First Resource Area Infill Diamond Holes 20CCAD002 & 004.
-
53m @ 2.98g/t Au, 0.85% Cu, 0.25% Co from 120m; 20CCAD004, including;
-
14m @ 4.92g/t Au, 0.14% Cu from 120m
-
8m @ 7.34g/t Au, 1.03% Cu from 144m, including
-
2m @ 17.93g/t Au, 2.36% Cu from 147m
-
19m @ 1.59g/t Au, 1.06% Cu, 0.15% Co from 155m.
-
-
75m @ 1.15g/t Au, 0.36% Cu, 0.05% Co from 56m; 20CCAD002, including;
-
5m @ 1.86g/t Au, 0.43% Cu, 0.1% Co from 69m; 20CCAD002.
-
7m @ 1.49g/t Au, 0.70% Cu, 0.22% Co form 84m; 20CCAD002.
-
-
-
Shallow Reconnaissance RC holes ~100m East of Resource Area;
-
1m @ 1.57g/t Au, 0.01% Cu from 75m; ARC244.
-
1m @ 7.43g/t Au, 0.04% Cu from 113m; ARC244.
-
-
Alastair Clayton, Executive Director commented: “These outstanding results from the latest batch of assays from Carlow Castle further underlines our belief in the potential for this project to be a regionally significant gold-copper-cobalt resource.
“Step out drilling to grow the resource to the South has hit impressive grades over some very large widths and infill diamond grade and structural drilling to support future resource upgrades just highlights the impressive characteristics of the gold, copper and cobalt mineralisation at Carlow Castle. Drilling has discovered a totally new zone of shallow, high grade gold and copper mineralisation over 250m north of the Carlow Castle Resource Area. This new Northern Discovery Zone will be immediately followed up as part of a 10,000m RC drill programme that is due to commence before Christmas.
“We are expecting more assays to be available in the coming weeks, including much of the deeper diamond drilling that targeted further examples of the high-grade gold mineralisation discovered below the existing resource shells*. Our Paterson Central 2020 update is also due imminently.”
