News and Announcements
Mt Clement Review Reveals Significant Antimony Exploration Target
- Published January 16, 2013 12:21PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Artemis Resources Limited (ASX: ARV) is pleased to provide 2013 exploration objectives for the Eastern Hills prospect, part of the Mt Clement Gold Project in the Ashburton region of Western Australia (Figure 1). The Mt Clement Gold Project (ARV 80%) is a joint venture with Northern Star Resources Ltd (ASX: NST 20%), operator of the nearby Paulsens Gold Mine, where production is forecast to rise to 100-115,000oz gold in calendar year 2013 on the back of recent exploration success (See NST ASX Announcement 12 December 2012). The Mt Clement gold deposit contains an Inferred Resource of 1.13Mt at 1.8g/t Au and 17.0g/t Ag (64,000oz gold and 618,000oz silver contained) that is compliant with the JORC Code (2004).
As part of a review of the Artemis project portfolio at the end of 2012, Artemis has identified historical antimony-lead mineralisation at the Eastern Hills location, less than one kilometre to the southeast of the Mt Clement gold deposit (Figure 2).
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