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Artemis Resources begins drilling to expand scale of Carlow Castle Project

The program of reverse circulation drilling and downhole electromagnetics is designed to increase the scale of the project for strike and dip extensions.

Artemis Resources Ltd - Artemis Resources begins drilling to expand scale of Carlow Castle Project
Drill program expected to be completed by late March

Artemis Resources Ltd (ASX:ARV) has commenced a reverse circulation (RC) drilling program at the Carlow Castle Gold-Copper-Cobalt Project in WA.

The RC drilling of SAM targets 1-4 has been designed to test strike extensions to the west of the current resource, over a strike of about 1 kilometre. 24 drill holes for 2,400 metres have been designed.

Carlow Castle geology, SAM survey results with 21 anomalies, drilling and resource area to date, which indicates mineralisation is open to the west and east.

Artemis chief operating officer and executive director Ed Mead said:: “I am pleased to announce that drilling has resumed at Carlow Castle, with the work program of RC drilling and downhole electromagnetics designed to increase the scale of the project for strike and dip extensions.

“The program has kicked off with drilling to the west of the current resource area, targeting approximately 1km of the next 5 km of potential additional strike that is yet to be drill tested.

“I look forward to updating the market in due course.”

Carlow Castle Project location map. Blue shaded tenements are within the Conglomerate JV with Novo resources Corp, but Artemis retains 100% of all other styles of mineralisation and commodities.

RC drilling of 7 drill holes for 1,600 metres has been designed around the resource area to test depth extensions and to undertake downhole electromagnetic (DHEM) surveys, which will test the EM (electromagnetic) signature of the ore zone.

The EM signature will assist with identifying potential downdip extensions and parallel lode systems within and around the current resource area.

The 4,000-metre RC drill program will assist in generating an Exploration Target and increasing the scale and size of the Carlow Castle resource.

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ASX:ARV
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Market Cap: $158.73 m
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