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Artemis Resources to reveal copper-gold drilling results

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Artemis Resources (ASX:ARV) is set to benefit from newsflow at its West Pilbara multi-metals project in Western Australia, with assays from a newly completed drilling program now submitted for analysis.

The 656-metre reverse circulation campaign targeted walk-up copper and gold targets at the project’s Goodluck and Fortune prospects, where 171 samples were obtained.

Artemis’ West Pilbara properties also include the Carlow Castle project, which currently hosts inferred resources of 418,000 tonnes at 3 g/t gold and 0.6% copper, for total contained metal of 40,000 ounces of gold, and 2,500 tonnes of copper.

Potential exists to increase this resource with a number of structures identified with shafts and recent prospector activity that have never been drilled.

Meanwhile, the nearby Weerianna gold project contains inferred resources of 1 million tonnes at 2.2 g/t gold for a total of 70,000 ounces of gold with expansion potential inherent in the resource remaining open at depth and along strike.

The overall portfolio covers over 700 square kilometres and is prospective for gold, base metals and iron mineralisation.

It is in close proximity to infrastructure related to Karratha, the economic hub of the West Pilbara.


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ASX:ARV
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