Artemis Resources Limited has announced the latest results from their reverse circulation (RC) drilling at the Carlow Castle Project, which is located in the West Pilbara region in Western Australia.
The Carlow Castle (Copper, Cobalt, Gold) Project currently covers three deposits, (Carlow Castle South, Quod Est and Carlow Castle South East) and is approximately 35 kilometres from Artemis’ 100 per cent owned Radio Hill processing plant.
Artemis’ latest drilling activities at Carlow Castle focused on an initial 1.2 kilometres of a 4 kilometre mineralised trend.
The Company said that mineralisation was intersected in a north-south orientation from Quod Est to Carlow Castle South (over 500 metres), with the main strike of mineralisation at Carlow Castle being east-west.
Best Quod Est interval includes:
▪ 17m at 1.86g/t Au, 0.61% Co and 0.05% Cu from 88m (ARC 168)
Other high-grade intervals across Carlow Castle South East included:
▪ 33m at 2.68g/t Au, 0.28% Co, 2.11% Cu from 117m (ARC 149)
▪ 37m at 1.53g/t Au, 0.23% Co and 1.7% Cu from 34m (ARC 148)
▪ 15m at 4.13g/t Au, 0.09% Co and 1.37% Cu from 121m (ARC 150),
▪ 7m at 10.65g/t Au, 0.15% Co and 0.72% Cu from 101m (ARC 153).
▪ 11m at 5.12g/t Au, 0.43% Co and 2.07% Cu from 109m (ARC 157).
The objective of this drilling was to infill and extend the 1.2 kilometre east-west strike and seek to join the three deposits into one larger resource.
Diamond drilling comprises approximately 6.5 per cent of total drilling to date at Carlow Castle, however, Artemis has said that this will be increased to assist with future structural and geotechnical studies. Future drilling will test further strike extensions and seek to infill some sections to define controlling structures.
Artemis’ Chief Executive Officer Wayne Bramwell said the latest drilling to the east of Quod Est has identified another high-value zone of gold and cobalt mineralisation at Carlow Castle. The ARC 168 results and the strong hits across the eastern end of Carlow continues to support our view that a much larger system exists,” he said.
“This programme has set Artemis up well for a resource update in quarter 4 and post this release, additional drilling will be planned to define the controlling structures and the full scale of this exciting Au-Co-Cu deposit.”