Artemis Resources Ltd (ASX:ARV) has commenced Sub-Audio Magnetics (SAM) surveying at the Carlow Castle Project in WA to explore for additional gold, copper and cobalt.
Carlow Castle, about 25 kilometres southeast of the Pilbara town of Karratha, is a gold and base metals project containing a 7.7 million tonnes JORC resource.
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Carlow Castle, which covers a strike length of 1.2 kilometres, was successfully identified using SAM exploration and Artemis will now target the Carlow Castle West extension for analogous geophysics results.
The current SAM survey is targeting a ~5-kilometre strike to the immediate west of the resource.
The company has appointed Gap Geophysics Australia Pty Ltd to conduct the SAM survey, targeting areas which have delivered prospective geochemical sampling and geological interpretation results.
The areas to the west of Carlow Castle are being targeted with anomalous geochemistry and prospective geology already being identified
Artemis executive director Ed Mead said: “The western continuation of the Carlow Castle resource is being targeted with SAM, which was very successful in identifying the structure of the resource to date.
“We have geochemical anomalies for gold and cobalt to the west and we hope that the SAM survey will provide multiple vectors, to increase the priority of areas for follow up pitting and trenching, before we undertake a heritage survey and ultimately drilling.”
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Mead added: “The SAM survey will assist Artemisin formulating an Exploration Target, identifying further shallow mineralisation and using this information to look at the potential for scale of the project.”
The survey is expected to take about one week to complete with a further two weeks for interpretation by Southern Geoscience Consultants.