Artemis Resources Ltd (ASX:ARV) has reached a depth of 444.9 metres in its second hole in the West Pilbara deep hole drilling program.
The second hole, ASD-2, is testing the base of the Fortescue Group of rocks.
READ: Artemis Resources’ drilling continues to target potential gold-rich conglomerates in west Pilbara
The Fortescue Group is a thick sequence of volcanic and sedimentary rocks overlying granite greenstones in northwest Western Australia.
Seven formations make up the Forestcue Group.
The hole commenced in the Tumbiana Formation sediments and currently is within the second stratigraphic unit of Kylena Formation, which was intersected at 156.6 metres.
The Hardey Formation is expected to be intersected at around 495 metres.
Assay results from ASD-1 pending
Delivery of the first 800 metres of drill hole ASD-1 to the CSIRO for Minalyzer XRF analysis is scheduled for the 20-21 August 2018.
After the CSIRO has completed Minalyzer XRF, the core will then be sent to the GSWA core library for HyLogger scanning and for storage as part of the Western Australian Exploration incentive Scheme (EIS) funding program.
READ: Artemis Resources continues to intersect gold, cobalt and copper in the Pilbara
Also recently, Artemis intersected gold, cobalt and copper at its Carlow Castle Project in the Pilbara, Western Australia.