Ground reconnaissance by Artemis Resources Ltd (ASX:ARV, AIM:ARV, OTCQB:ARTTF) is highlighting the emergence of a broad mineralised area at the Titan prospect within the Karratha Gold Project in the West Pilbara region of Western Australia.
Artemis continues to deliver high-grade gold and silver, with surface sampling assays exceeding 55% gold and 1,000 g/t of silver.
Recent rock chip sampling at Titan has delivered high-grade gold assays, along with newly discovered silver.
Significant rock chip assay results from this second phase program included seven high-grade results such as 553,754 g/t gold and 1,305 g/t silver; 223,056 g/t gold and 1,195 g/t silver; and 33,389 g/t gold and 233 g/t silver.
The sampling follows the preliminary ground reconnaissance undertaken in August 2024. This second phase has confirmed the previously reported over-limit assay results and identified further potential mineralised areas through the discovery of additional high-grade, previously untested quartz/iron-oxide veins.
A total of 97 samples were collected and sent to the laboratory for processing.
Titan and Carlow North prospects with all rock chip sample locations.
“It is pleasing to see further high-grade rock chip assays being recorded at the Titan prospect, together with confirmation of the extent of gold in previous sampling,” Titan executive director George Ventouras said.
“These results, together with the previously reported gold, silver and copper results, point to the Carlow tenement being a highly prospective region with the potential for a larger scale gold system.
“These high-grade gold assays continue the trend found in our original rock chip discoveries at Titan by emerging from quartz-iron veining and are therefore not analogous to conglomerate mineralisation.
“This veining structure will vary throughout Titan but the structure continues to demonstrate its potential. We are looking forward to further gold exploration at Titan and over the greater Carlow tenement.”
Emerging broad prospective area
Titan has seen only minimal previous exploration other than broad-spaced soil sampling and a constrained moving loop transient electromagnetic survey (MLTEM).
Previous reported over-limit and high-grade assays have now been quantified by the laboratory, returning assays that include 692,579 g/t gold and 3,000 g/t silver; 471,937 g/t gold and 1,775 g/t silver; 45,103 g/t gold and 344 g/t silver; and 7,440 g/t gold and 212 g/t silver.
This is an emerging broad prospective area covering more than 63 hectares and the mineralisation is considered to remain open.