Proactive Investors - Run By Investors For Investors

Artemis Resources release another new JORC resource

This new JORC resource follows the recent gold resource released for Weerianna.
map of projects
This is one of many emerging resources that could be processed through the Radio Hill facility

Artemis Resources Ltd (ASX:ARV) has revealed a new, shallow nickel-copper-cobalt JORC resource estimate for its 100% owned Radio Hill Nickel Mine in the Pilbara region of Western Australia.

The resource is in the Indicated category and measures 1.15 million tonnes at 0.52% nickel, 0.73% copper and 277 ppm cobalt.

Radio Hill is on a fully approved mining lease and contains Artemis’ 100% owned Radio Hill Processing Plant and the historical Radio Hill underground mine.

The shallow, upper portion of Radio Hill could represent an opportunistic mining target within close proximity to the Radio Hill infrastructure.

READ: Artemis Resources boosts gold resource at Weerianna

Artemis’ executive director Ed Mead said: “This updip extension to the historic Radio Hill underground represents a new, shallow nickel – copper resource approximately 400 metres from the Radio Hill plant.

“Further resource development work is required to determine the optimum means to monetise the project and this work will be reviewed in 2019.”

In 2018 Artemis drilled the shallow mineralisation up-dip from the Fox underground workings on a regular grid.

This included another 80 reverse circulation (RC) holes and 7 diamond holes for 6,779.5 metres.

Drilling aimed to verify older drilling which comprised 1,052 holes for 89,885 metres.

View full ARV profile View Profile

Artemis Resources Ltd Timeline

Related Articles

1533661405_Alvito2.jpg
August 07 2018
The company recently drilled 18 holes, totaling 2,437.5 metres in eight separate prospect areas at its Alvito Iron Oxide Copper-Gold (IOCG) project
Workers inspect core at Gubong
March 03 2019
The company gained another substantial holder last week to end the trading week up 6.25% on the Australian market.
Past drilling at Seko target at Dandoko project where follow-up drilling is taking place this field season
March 24 2019
A $5 million ongoing drilling program has been delivering results since November.
Copyright © Proactiveinvestors.com, 2019. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use