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Artemis Resources

511 Posts
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  1. forum rang 10 DeZwarteRidder 20 mei 2018 08:25
    Marindi Metals finds visible fine and conglomerate gold at Bellary Dome project in Pilbara
    By
    Lorna Nicholas -
    April 4, 2018
    Marindi Metals ASX MZN Pilbara Bellary Dome project conglomerate gold
    Gold bearing conglomerates from Marindi Metals' Bellary Dome project in the Pilbara.

    Initial sampling at Marindi Metals’ (ASX: MZN) Bellary Dome project has revealed visible conglomerate-style and fine gold, with the project in proximity to Novo Resources tenements in Western Australia’s Pilbara.

    Marindi appointed George Merhi as a consulting geologist to undertake initial sampling and exploration across the company’s tenements.

    Mr Merhi collected samples from 81 stream sites and investigated historic trench materials. He visited previous workings where conglomerate gold had been mapped in the 1970s and 1980s and grabbed nine rock samples from nearby spoils.

    Visible gold was seen in five of the conglomerate specimens, but it did not have the watermelon seed-shape that has been reported by other Pilbara conglomerate gold explorers.

    Marindi claims it is “extremely positive” to identify visible gold and conglomerate at this early exploration stage.

    “To my knowledge, there have been no reports of a conglomerate immediately beneath the Mount Roes Basalt with abundant buckshot and euhedral pyrite with visible fine gold identified in the west Pilbara or the southern Fortescue Basin to date,” Marindi consulting geologist George Merhi said.

    “If this is correct, it is very significant to the Pilbara conglomerate gold story,” Mr Merhi noted.

    Marindi managing director Joe Treacy said although more work was required to determine the extent of the gold mineralisation, the company was “very encouraged” by the recent discoveries.

    Assays from the stream sampling are pending and preparations are underway for more detailed soil sampling and mapping across the conglomerate gold horizon.

    Pilbara conglomerate gold story

    Artemis Resources (ASX: ARV) and TSX-listed Novo Resources triggered a gold rush in the second half of last year after the duo identified numerous watermelon seed-shaped nuggets across the Purdy’s Reward project in the Pilbara.

    The seed-shaped gold was said to be similar in shape and coarseness to the world’s largest known gold deposit, Witwatersrand reef, in South Africa, which has produced 1.5 billion ounces of the precious metal, with much more to come.

    Other explorers in the area undertook rapid reviews of their nearby projects leading to a stream of gold find announcements from De Grey Mining (ASX: DEG), Kairos (ASX: KAI), as well as Artemis and Novo and several other juniors in the area.

    This sparked a land grab with explorers pegging up prospective land in the vicinity of the discoveries.

    The theory many hold is that the Pilbara may be playing host to a massive gold system that could sustain multiple gold mines for many years to come.

    However, with believers, also comes detractors.

    Explorers and investors, alike, remain watchful of the companies who are actively exploring to see the outcome.

    Investors reacted positively to Marindi’s news today, with the company’s share price up 10% to A$0.011 by midday.
  2. Petex 28 mei 2018 08:51
    ASX / Media Announcement 28 May 2018

    Comet Well West Conglomerate Gold Update.


    Highlights: • Gold now confirmed to extend from Artemis’ Purdy’s Reward conglomerate gold Project westwards through Novo Resources Corp’s Comet Well and in to Artemis’ Comet Well West tenements. • Artemis has identified ~67km of conglomerate and Mt Roe Basalt contact immediately west of Novo Resource Corp’s Comet Well. • 3.6kg (115 oz) of gold nuggets now recovered from 47K Patch. • Fine gold also evident with gold nuggets recovered from 47K Patch. • Programme of Works (POW) submitted to commence extensive exploration on Artemis’ Comet Well West conglomerate gold targets.


    David Lenigas, Artemis’s Executive Chairman, commented; “Artemis has now identified ~67 kilometres of potential gold bearing conglomerates associated with the Mt Roe Basalt contact, immediately west of Novo Resources Comet Well 6 kilometre long conglomerate gold project. Our exploration and bulk sampling programme is about to commence in earnest at 47K Patch, the source of the many gold nuggets reported today. Applications have also gone in with the DMIRS for an extensive exploration programme immediately to the west of Novo’s Comet Well.”
  3. indianrider 29 mei 2018 12:19
    de geburen hebben goede resultaten DEG
    Shallow High-Grade Gold at Mt Berghaus
    Shallow broad high-grade gold zones (>20gm*m), all less than
    60m depth and likely to fall within new PFS open pit shells. Many
    include “bonanza” high grade (>15g/t) zones:
    8m @ 5.2g/t from 35m including 3m @ 13.2g/t
    15m @ 5.3g/t from 34m including 3m @ 19.2g/t
    5m @ 9.8g/t from 4m including 1m @ 19.2g/t
    12m @ 7.3g/t from 36m including 2m @ 35.5g/t
    8m @ 6.6g/t from 54m including 3m @ 12.5g/t
    8m @ 12.1g/t from 4m including 2m @ 31.2g/t and 2m @ 16.9g/t
    19m @ 5.2g/t from 4m including 9m @ 9.8g/t
    Metallurgical diamond hole returns “bonanza” grade:
    1m @ 242g/t (repeat assay 371g/t)

    New lodes and extensions discovered with infill results to provide
    improved resource model definition.
    Mineralisation remains open along strike and at depth
    High positive “hit rate” in drilling
    17 holes with intersections with > 20gram*metres
    38 holes (from 58 holes) reported significant gold intersections
    Underground potential increases significantly with numerous
    higher-grade intercepts
    Strong structural controls and interpreted high grade “linking
    structures” provides new focus to our targeting along this large and
    under-explored 5km anomaly.
    Additional Phase 2 extensional and infill RC drilling underway
  4. Petex 31 mei 2018 21:47
    Volledig uitgestapt en ondergebracht in mijn pakket Australian Mines en Goldsource.
    Smerig spelletje gespeeld met voorkennis van de resultaten eerste bulksamples vandaag gepubliceerd door Novo.
    Aandelenverkoop door Artemis is me nu ook plots helemaal helder.
    Artemis heeft voor mij teveel risico nu om fors in te zitten.
    Succes
  5. forum rang 10 DeZwarteRidder 31 mei 2018 22:10
    quote:

    Petex schreef op 31 mei 2018 21:47:


    Volledig uitgestapt en ondergebracht in mijn pakket Australian Mines en Goldsource.
    Smerig spelletje gespeeld met voorkennis van de resultaten eerste bulksamples vandaag gepubliceerd door Novo.
    Aandelenverkoop door Artemis is me nu ook plots helemaal helder.
    Artemis heeft voor mij teveel risico nu om fors in te zitten.
    Succes

    Artemis gaat binnenkort kobalt produceren en bij AUZ duurt dat nog 4 of 5 jaar.
  6. smith&jones 1 juni 2018 17:00
    quote:

    Petex schreef op 31 mei 2018 21:47:


    Volledig uitgestapt en ondergebracht in mijn pakket Australian Mines en Goldsource.
    Smerig spelletje gespeeld met voorkennis van de resultaten eerste bulksamples vandaag gepubliceerd door Novo.
    Aandelenverkoop door Artemis is me nu ook plots helemaal helder.
    Artemis heeft voor mij teveel risico nu om fors in te zitten.
    Succes


    Artemis focussed kennelijk niet voor niets op cobalt nu.
    Ze hebben hun stukjes NVO geloosd voor een mooie prijs, zij weten immers inderdaad als geen ander wat er nu waarschijnlijk echt in de grond zit.

    Zou interessant zijn te weten wat er in huize Sprott te beluisteren viel na het PB: al bekend met de resultaten of is KL ook erin geluisd met die 4 mio stukjes a $5 op 11 mei?


    S&J.
  7. forum rang 10 DeZwarteRidder 20 juni 2018 10:59
    quote:

    indianrider schreef op 20 juni 2018 10:52:


    www.finnewsnetwork.com.au/archives/fi...



    Email Alerts for:
    ASX:ARV

    Artemis Resources (ASX:ARV) has appointed Mr Wayne Bramwell to the newly created position of Chief Executive Officer effective from 19 June this year.

    He is tasked with bringing Artemis’s Radio Hill Operations back in to production.

    Mr Bramwell is an experienced metallurgist and mining executive with over 26 years of international and Australian project development expertise across the base metals, precious metals and bulk commodity sectors.

    He has extensive experience dealing with international financial institutions and brings to the Company his negotiating skills with international off-take partners and trading houses, having previously negotiated two project level strategic joint ventures with Japan’s Toyota Tsusho Corporation and Nittetsu Mining Co.

    Shares in Artemis Resources (ASX:ARV)closed 5.13 per cent lower to 18.5c.
511 Posts
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