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Artemis Resources plans diamond drilling at Carlow Castle after 71% boost in JORC resource

Artemis Resources Ltd (ASX:ARV) chief executive officer Wayne Bramwell updates Proactive Investors on the 71% increase of the JORC resource at its Carlow Castle Gold-Copper-Cobalt Project in Western Australia.

Carlow Castle’s new inferred resource measures 7.7 million tonnes at 1.06 g/t gold, 0.51% copper and 0.08% cobalt.

“This has really enthused us and we’re gaining confidence with this orebody all the time,” Bramwell says.

The company is now undertaking pit optimisation studies and planning diamond drilling to better understand the structural controls on Carlow Castle’s large orebody.

Quick facts: Artemis Resources Ltd

Price: 0.078 AUD

ASX:ARV
Market: ASX
Market Cap: $88.67 m
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