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Artemis Resources announces a significant improvement in this latest JORC 2012

Mining News - Published on Fri, 12 Oct 2018

Image Source: IRW-Press
Artemis Resources Limited announced a significant improvement in this latest JORC 2012 resource estimate for the company's 100% owned Whundo Copper Mine in the West Pilbara region of Western Australia. The October 2018 resource estimate is classified to JORC 2012 compliant Indicated category. Artemis' Chief Executive Officer Wayne Bramwell commented "This resource upgrade has seen a circa 30% uplift in the Whundo sulphide resource to 2.2Mt and contained copper and zinc metal tonnes has grown significantly to 60,000t combined. The shallow oxide resource is entirely new. Whundo was shut down in 2008 due to low copper and zinc prices. It is a valuable asset, considering it is an approved Mining Lease and is so close to our Radio Hill processing plant. The oxide grade of 1.75% Cu is tantalizing and with this zone extending from near surface to 40m below surface, Artemis is evaluating the integration of SX-EW processing at Radio Hill.

In addition, the larger sulfide zone could provide an additional blending source that could supplement Carlow Castle ore and further enhance copper grade to the Radio Hill Operations."

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Posted By : Rabi Wangkhem on Fri, 12 Oct 2018
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