Rio Tinto Pilbara

ARTEMIS BEGINS DRILLING SUPER DEEP HOLE IN WEST PILBARA

Artemis Resources Limited has commenced drilling on ASD-1, the planned +3,300m super-deep hole, designed to drill and test the many rock sequences in the Pilbara Basin from surface and deep into the basement’s geology

The planned depth of ASD-1 would make it the deepest diamond drill hole in Australia.

Artemis plans to update the market regularly on the progress and results of this hole and intends to make a public release at approximately 11am (AEST) every Monday morning whilst drilling is in progress.

Artemis will be working with the CSIRO on ASD-1. The CSIRO will focus on characterising the drill core obtained from the deep hole through the Pilbara stratigraphy. They propose to use up-to-date geochemical and geophysical methods to provide stratigraphic and petrophysical constraints on the Neoarchean and Mesoarchean sequences and study important target horizons for Artemis. This will be one of the first major projects to take advantage of CSIRO’s Drill Core Lab facility in Perth. The proposed research will examine the stratigraphy of the drill core using XRF-based chemistry and include focused studies of ASD-1’s key target horizons.

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