Artemis Resources (ASX: ARV) has recently defined maiden JORC Indicated and Inferred Resources of 1.3 million tonnes at 1.7% antimony and 2.5% lead at its Eastern Hills antimony–lead deposit in Western Australia.
This followed a successful 15 hole reverse circulation drilling program that included a standout assay of 4 metres at 2.4% antimony and 3.1% lead from 141 metres including 1 metre at 5.3% antimony and 7.3% lead.
Notably, the Indicated Resource of 810,000 tonnes returned higher than expected antimony grades of 2% and 3.1% lead.
This resource estimate only includes mineralisation from the Taipan Zone, with drill testing of the new high grade Dugite Zone, where rock chips of up to 35.7% antimony, 36% lead, 1,500 grams per tonne silver and 6.8g/t gold have been recovered, scheduled for the 2014 field season.
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