Artemis Resources Ltd has kicked off a substantial diamond and reverse circulation (RC) drilling program to test high priority exploration targets at the 374,000-ounce inferred gold resource on the 100%-owned Carlow tenement in the North Pilbara region of Western Australia.
The company has extensive holdings in the North Pilbara gold province and despite proximity to the Carlow resource, no previous drilling has taken place at any of the three targets planned to be tested in the first phase of drilling.
Three high-potential targets
Artemis managing director Julian Hanna said: "We are thrilled to announce the start of this diamond and RC drilling program which will test three high-potential targets within a 4-kilometre-long zone centred on our Carlow mineral resource.
"The current inferred mineral resource at Carlow contains 374,000 ounces of gold and 64,000 tonnes of copper and remains open beyond previous drilling.”
Artemis tenements in the Pilbara region of Western Australia with Carlow Tenement hatched.
Diamond drilling
Several gold targets will be drilled within a 4-kilometre-long zone with diamond drilling to target the source of the large Marillion electromagnetic (EM) conductor 500 metres east of the resource.
It will also test the potential for significant extensions to the Carlow resource down plunge from previous high-grade gold intersections.
RC drilling to follow
Artemis will then carry out shallow RC drilling across the Titan Prospect 2 kilometres northwest of Carlow as an initial test of surface gold occurrences in an area of interpreted structural complexity considered favourable for gold mineralisation.
"Diamond drilling will focus on the large Marillion EM conductor, located 500 metres east of the Carlow resource and test for possible extensions to the Carlow resource, targeting areas down plunge from previous high-grade gold and copper intersections,” Hanna said.
"Additionally, we will use RC drilling to explore the Titan Prospect, 2 kilometres northwest of Carlow, where high-grade gold occurrences from selected sampling of quartz veins and chert outcrops offer exciting potential.
"We are excited about the opportunity this drilling presents to expand the Carlow resource and uncover further opportunities across our portfolio and look forward to updating the market on progress."