Artemis’ Chief Executive Officer Wayne Bramwell commented:
“This resource upgrade hasseen a circa 30% uplift in the Whundo sulphide resource to 2.2Mt and contained copper and zinc metal tonnes has grown significantly to ?60,000t combined. The shallow oxide resource is entirely new.
Whundo was shut down in 2008 due to low copper and zinc prices. It is a valuable asset, considering it is an approved Mining Lease and is so close to our Radio Hill processing plant. The oxide grade of 1.75% Cu is tantalizing and with thiszone extending from nearsurface to ?40m below surface, Artemis is evaluating the integration of SX-EW processing at Radio Hill.
In addition, the larger sulfide zone could provide an additional blending source that could supplement Carlow Castle ore and further enhance copper grade to the Radio Hill Operations.”