ASX / Media Announcement 11 April 2018
High Grade Cobalt, Copper & Zinc Drilled at Whundo - Karratha Western Australia -
Highlights: • Drilling confirms high grade copper, zinc and cobalt mineralisation at Artemis’s Whundo Copper Mine. • Potential to substantially enhance resources at Whundo. • 36 drill holes drilled for 2,928m. • Significant intercepts: ? 10m at 0.39% Cobalt from 87m (AWRC025) (Incl. 1m at 1.75% Cobalt from 88m) ? 6m at 6.55% Zinc from 42m (AWRC022) ? 13m at 3.18% Copper and 3.95% Zinc from 48m (AWRC021) ? 8m at 1.38% Copper from 77m (AWRC025) ? 17m at 0.99% Copper from 97 metres in (AWRC025) ? 5m at 4.24% Zinc from 18m (AWRC027) ? 12m at 4.46% Zinc from 34m (AWRC027) ? 12m at 7.17% Zinc from 46m (AWRC027) ? 13m at 1.98% Copper from 50m (AWRC052) • Update on outstanding POWs with the DMIRS.
David Lenigas, Artemis’s Chairman, commented;
“We have now confirmed the presence of significant widths of high grade copper, cobalt and zinc zones at our Whundo Copper Mine, which is located only 15 km from the Radio Hill Plant. These holes will be incorporated in to a new JORC compliant resource estimate prior to the Radio Hill Plant being recommissioned. We also have 7 key POWs in the system with the DMIRS that, on approval, will allow us to move forward with key projects the Company is seeking to do in the next month, including the first meaningful bulk sampling programme for gold at Artemis’s 47 Patch.”