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Bulk Sampling Of 47K Patch Conglomerate Gold Approved Karratha

Highlights:

  • DMIRS approvals allow commencement of exploration.
  • 9,600 tonne “excess tonnage” approval granted by DMIRS.
  • 1.282 kg of gold nuggets recovered from shallow surface rehabilitation works.
  • Approvals previously gained to process an initial 4,500 tonne bulk sample through Artemis’ gravity gold plant located at Radio Hill.
  • 47K Patch is not part of the Novo Resources Corp. Joint Venture.

David Lenigas, Artemis’s Chairman, commented;

“Getting approvals granted from the DMIRS to start serious exploration on our gold bearing 47K Patch is very exciting. We can now get to work on taking and processing big tonnage bulk
samples in the 100 tonne to 1,000 tonne per sample range. This work will give us a much better understanding of gold grades and gold size distribution. In addition, we are pleased that the CSIRO have now started working with Artemis on 47 Patch and its surrounds.”

Pictured: 1,282.2 grams of gold nuggets recently recovered from 47K Patch.
Artemis Resources Limited (“Artemis” or “the Company”) (ASX: ARV) is pleased to announce that the WA Department for Mines, Industry Regulation and Safety (“DMIRS”) has today approved the Programme of Works (POW) to commence exploration on the Company’s 47K Patch (Figure 1 and 3) gold bearing conglomerates located on recently approved tenement E47/3443, which is located about 30km south of Karratha in the Pilbara Region of Western Australia.In addition, the DMIRS has approved a 9,600 tonne excess tonnage permit, which will allow Artemis to take 4,500 tonnes to the Company’s nearby Radio Hill plant site to process through the gravity plant, which is now permitted to treat this tonnage.

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