ARV 0.00% 1.1¢ artemis resources limited

rare earths with a 12 cents close, page-20

  1. 66 Posts.
    rabbitoh/DDZX
    From the announcement:
    "The purpose of this shallow auger program (with holes down to 1.5m depth) was to confirm and extend knowledge of the distribution of the rare earth mineralization further along the strike from known areas of anomalism".

    In other word's Artemis guys have only scratched the surface and will use this to develop more targets (probably for RC drilling at depth next year).

    The 1988 RC drilling went down as deep as 115m. The auger only went down to 1.5m, but obviously over a much larger area.

    A 7km long strike length is a hell of alot of RC drilling to do without them first narrowing down their targets with the auger drilling first!!

    I only just gave them more of MY cash last week and I don't want another bloody placement any time soon, so the more sensibly they spend OUR money on their drill programs the better it is as far as I am concerned!!!
 
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