Artemis Resources (ASX: ARV) has uncovered some very high grade rock chips at the Bali Hi Project in Western Australia, which is a joint venture with GTI Resources (ASX: GTR).
Artemis said samples contained up to 33% copper and 746 grams per tonne silver, with 70% of the rock chip samples returning strongly anomalous values.
The samples highlight the potential of the tenements, which are located in the Ashburton province, with a strike length of 4 kilometres tested in the initial sampling program.
A total of 62 rock samples were collected, and formed part of the first work programs on the tenements by Artemis, aimed at confirming the tenements were prospective for mineralization.
Bail Hi consists of two tenements, and is less than 100 kilometres south-east of Artemis’ Mt Clement Gold/Silver project.