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Artemis Resources update on Ruth Well drilling

Mining News - Published on Thu, 03 May 2018

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Artemis Resources Limited announced that it has received the first assay results from Reverse Circulation drilling at Ruth Well Nickel Copper Cobalt Project. The Ruth Well Project is located 12Km north of the Radio Hill Operations.

The Ruth Well Project is on granted Exploration tenement (E47/3487) and sits within the recently identified Zac deposit project area where a +20,000 Siemen target has been identified and was announced by Artemis on 10 April 2018. Artemis has completed an initial 38 hole Reverse Circulation (RC) drilling programme at Ruth Well (totalling 2,838 metres), designed to delineate shallow nickel/copper/cobalt mineralisation. Drilling results to date are shown in Table 1. Hole locations and co-ordinates are shown in Table 2.

An initial diamond drill hole has been completed for 80 metres. The drill hole is currently being lithologically and geotechnically logged. Once this is completed the diamond core will be cut and sent for assay.

The Ruth Well drilling results to date compliment recent drilling results from the Radio Hill Nickel Copper Cobalt deposit where Artemis is targeting to grow a base metal resource base for the Radio Hill Operations.

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Posted By : Rabi Wangkhem on Thu, 03 May 2018
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