logo-loader
viewArtemis Resources Ltd

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: 0.033 AUD

ASX:ARV
Market: ASX
Market Cap: $34.12 m
Follow

Add related topics to MyProactive

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

NO INVESTMENT ADVICE

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...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Gold producers and 'favoured explorers' enjoying continued strong run

Mining Capital's Alastair Ford discusses the continued strength of the gold price. ''Gold has been one of the big winners out of the coronavirus crisis ... everyone can see there's more money being printed because of the massive economic uncertainty and in the medium term President Trump is...

2 weeks, 2 days ago

2 min read