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Artemis Resources plans diamond drilling at Carlow Castle after 71% boost in JORC resource

Artemis Resources Ltd (ASX:ARV) chief executive officer Wayne Bramwell updates Proactive Investors on the 71% increase of the JORC resource at its Carlow Castle Gold-Copper-Cobalt Project in Western Australia.

Carlow Castle’s new inferred resource measures 7.7 million tonnes at 1.06 g/t gold, 0.51% copper and 0.08% cobalt.

“This has really enthused us and we’re gaining confidence with this orebody all the time,” Bramwell says.

The company is now undertaking pit optimisation studies and planning diamond drilling to better understand the structural controls on Carlow Castle’s large orebody.

Quick facts: Artemis Resources Ltd

Price: 0.12 AUD

ASX:ARV
Market: ASX
Market Cap: $136.41 m
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Artemis Resources excited by potential at its Carlow Castle and Paterson...

Artemis Resources Ltd's (ASX:ARV) Alastair Clayton tells Proactive's Andrew Scott that ongoing drilling at its Carlow Castle project in the west Pilbara region of Western Australia has revealed a high-grade gold and copper discovery well below the existing 2019 JORC resource envelope. Clayton...

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