Artemis Resources (ASX: ARV) has estimated a new exploration target of between 1.7 million and 4 million tonnes of 1.8% to 3% antimony and 2.7% to 4% lead for the emerging Eastern Hills antimony-lead project in Western Australia’s Ashburton region.
This follows a recent assessment of the project’s exploration potential and builds on the foundation laid by the maiden Resource of 1.3Mt at 1.7% antimony and 2.5% lead released late 2013.
It also covers extensions to the Taipan Zone 100 metres to the east and the potential of the sub-parallel Dugite Zone, where recent rock chip sampling returned high grade results of up to 28% antimony, 34.4% lead and 452 grams per tonne silver at Dugite East.
If this potential is confirmed by follow-up drilling, it could rank Eastern Hills as one of the top antimony projects outside of China.
Planning for drill testing of the Dugite Zone in the 2014 field season is well advanced.
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