Artemis Resources Completes Phase 1 Drilling at Pilbara Gold’s Carlow Tenement: Awaiting the Golden Truth
Artemis Resources (ASX: ARV) has wrapped up its Phase 1 drilling program at the Carlow Tenement in WA’s Pilbara region, with promising early indications but no definitive gold assay results just yet. The program targeted three high-priority zones—Titan, Marillion, and potential extensions of the Carlow deposit—delivering 1,790m of diamond drilling across five holes.
Drilling Highlights
Titan prospect: All three holes drilled here encountered a broad zone of hydrothermal alteration and veining within an ultramafic sequence, located down-dip from a previously identified surface gold occurrence.
Marillion target: An electromagnetic (EM) anomaly 800m east of Carlow returned promising intersections of stringer and semi-massive sulphides.
Carlow extensions: A single drill hole tested down-plunge extensions of known mineralisation, intersecting zones of pyrrhotite and chalcopyrite, which require lab confirmation.
Early Geochemical Signs at Titan
While definitive gold assays are pending, portable X-ray fluorescence (pXRF) analysis identified highly elevated arsenic levels (up to 3,460ppm) across the Titan prospect. Given that arsenic often associates with gold mineralisation in the Pilbara, this could indicate a much larger system in play.
“The presence of arsenic anomalies at Titan could be a game-changer,” said Artemis Managing Director Julian Hanna. “If lab assays confirm gold alongside these arsenic readings, it opens up significant upside beyond our initial drilling.”
Marillion and Carlow: The Sulphide Story
The single hole at Marillion and another testing Carlow’s eastern extensions both intersected vein-hosted and stringer sulphide mineralisation. Visual observations identified pyrrhotite and chalcopyrite, key indicators of potential copper and gold mineralisation, though assays will confirm their true economic significance.
Next Steps
Artemis has sent numerous core samples for laboratory testing, with results expected in the coming weeks. These will determine whether the early visual and geochemical indicators translate into high-grade gold or copper mineralisation.
While Artemis investors will need to wait for assays before popping the champagne, the drill program has already expanded geological understanding of Carlow and Titan, reinforcing the tenement’s potential in WA’s gold-rich Pilbara region.