viewArtemis Resources Ltd

Artemis Resources first pass met work supports low cost processing

The results from the full program are expected next month in December.

Map showing location in Western Australia
The results will provide a basis to commence discussions with potential off-take partners

Artemis Resources Ltd (ASX:ARV) has received initial results from its metallurgical program underway at the Carlow Castle Gold-Copper-Cobalt Project in Western Australia.

Artemis’s CEO Wayne Bramwell said: “This first pass metallurgical program indicates Carlow Castle is amenable to low cost gravity gold recovery and base metal flotation processes.

“The high-grade copper concentrates (with gold credits) produced are encouraging and cobalt flotation is now progressing.”

Preliminary results from two Carlow Castle metallurgical composites

READ: Artemis Resources Ltd begins trading on OTCQB Venture Market in the US

Preliminary metallurgical test work is focussed upon recovery of (1) gold from both gravity and leaching processes; and (2) copper and cobalt via conventional flotation.

Options to maximise the total gold and copper recovery are now being investigated.

The cobalt flotation test work is at an early stage and the focus of this program is reagent screening to maximise cobalt recovery.

Results in December, enabling off-take discussions

Results of this program are expected in December with reporting post evaluation of all assay data.

The results of the metallurgical test work program will provide Artemis with a basis to commence discussions with off-take partners enabling the commencement of a scoping study in Q1, 2019.

Quick facts: Artemis Resources Ltd

Price: 0.035 AUD

Market: ASX
Market Cap: $35.84 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Artemis Resources Ltd named herein, including the promotion by the Company of Artemis Resources Ltd in any Content on the Site, the Company...



Full interview: Artemis Resources increases gold resource by 60% at Carlow...

Artemis Resources Limited (ASX:ARV) executive director Edward Mead updates Proactive on an upgraded mineral resource estimate (MRE) at the company’s 100%-owned Carlow Castle Project in WA with grade and tonnage boosted. The gold resource alone increased by 60% with copper up 25% and cobalt by...

on 20/11/19

2 min read