Gold now confirmed to extend from Artemis’ Purdy’s Reward conglomerate gold Project westwards through Novo Resources Corp’s Comet Well and in to Artemis’ Comet Well West tenements.
- Artemis has identified ~67km of conglomerate and Mt Roe Basalt contact immediately west of Novo Resource Corp’s Comet Well.
- 3.6kg (115 oz) of gold nuggets now recovered from 47K Patch.
- Fine gold also evident with gold nuggets recovered from 47K Patch.
- Programme of Works (POW) submitted to commence extensive exploration on Artemis’ Comet Well West conglomerate gold targets.
“Artemis has now identified ~67 kilometres of potential gold bearing conglomerates associated with the Mt Roe Basalt contact, immediately west of Novo Resources Comet Well 6 kilometre long conglomerate gold project. Our exploration and bulk sampling programme is about to commence in earnest at 47K Patch, the source of the many gold nuggets reported today. Applications have also gone in with the DMIRS for an extensive exploration programme immediately to the west of Novo’s Comet Well.”
Figure 1: Conglomerate contact at Purdy’s Reward through to Comet Well West.
Artemis Resources Limited advises that it has submitted a wide ranging Programme of Works (“POW”) with the Western Australian Government’s Department of Mines, Industry, Regulation and Safety (“DMIRS”) to start an extensive drilling, trenching and bulk sampling programme immediately west of Novo Resource Corp’s (“Novo”) Comet Well Project. In addition, Artemis also provides and update on gold nuggets recovered from the current ground rehabilitation works underway at 47K Patch.
The POW’s consist of:
- 1,500 Rotary Blast (“RAB”) drill holes
- 1,300 metres of trenching
- 9,000 tonnes of ground disturbance with excess tonnage
Artemis has now identified potential conglomerates along about 67 km of the Mt Roe Basalt contact immediately to the west of Novo’s Comet Well (Figures 1 & 2). Gold has already been identified in conglomerates at Comet Well and further along strike to the east at Artemis’ Purdy’s Reward. Purdy’s Reward is in a 50/50 Joint Venture with Novo. Artemis’ interestsin its Comet Well West tenements are not associated with Novo.
Figure 2: Areas shown in purple represent the prognosed conglomerate contact associated with the Mt Roe.
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