Artemis Resources has submitted a programme of works (POW) with the Western Australian mines department to launch extensive drilling, trenching and bulk sampling at the Comet Well West conglomerate gold project in the Pilbara.
The POW will involve 1500 rotary blast drill holes, 1300m of trenching, and 9000t of ground disturbance with excess tonnage.
Artemis chairman David Lenigas said the company had now identified 67km of potential gold bearing conglomerates associated with the Mt Roe Basalt contact, immediately west of Novo Resources’ Comet Well 6km 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,” Lenigas said.
“Applications have also gone in with the Department of Mines, Industry, Regulation and Safety for an extensive exploration programme immediately to the west of Novo’s Comet Well.”
Artemis continues to recover gold nuggets from 47K Patch, which lies within its majority-owned Comet Well West tenement package.
Between May 16–27, Artemis recovered 1.013kg from the area, adding to the 1.3kg recovered between April 18–May 16 and 1.282kg recovered up to April 18.
Its total gold recovered at Comet Well West is now 3.595kg since metal detecting commenced.
AGO Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held
