UPDATE ON SUPER-DEEP HOLE IN WEST PILBARA
Artemis Resources Limited (“Artemis” or “the Company”) (ASX: ARV) advises that further to its news release of 14 June 2018, the drill site has been prepared and diamond drill hole ASD-1 has been pre-collared to a depth of 40 metres and cased ready for diamond drilling.
The drilling contract has been awarded to Western Australian based drilling contractor DDH1 Drilling Pty Ltd. Rig 43 is due on site today and diamond drilling is expected to commence imminently.
DDH1 will be using the same Rig 43 that successfully drilled the 3,217 metre deep (vertical depth of 2,625.1m) diamond drill hole at Jundee in February 2018. The same senior drilling crew that drilled the Jundee hole will also be used.
ASD-1 is planned for a vertical depth of +3,300m. The hole is designed to drill and test the many rock sequences in the Pilbara Basin from surface and deep into the basement’s geology.
ASD-1 is located on E47/3707 (co-ordinates 480100mE, 7637370mN, 330m RL, Azi: 180, Dip: -85 degrees, Estimated Depth: 3,300m), some 43km south of Artemis’ Radio Hill Mine in the West Pilbara, of Western Australia. (Refer to previous Artemis news release, dated 22 March 2018 for further details on ASD-1)