Why is Artmeis Resources drilling a 3,300m super hole in Pilbara?

By Addie Thomes

Western Australian resources exploration and development company Artemis Resources is to drill a super-deep hole 50km from its Radio Hill Processing Plant.

The diamond drill hole will be some 3,300m deep and will try to answer questions raised about the formation of Pilbara Basin’s mineral makeup.

In particular, Artemis wants to investigate 31 anomolies it has found in an area that is prospective for base metals, including the possible presence of cobalt, nickel, copper, zinc lead and gold.

See also:

David Lenigas, Artemis’s Executive Chairman, commented: “This is a very exciting super-deep hole for Artemis and the drilling of this hole should help answer many questions surrounding the geology and rock sequences in the Pilbara Basin.

“The Pilbara Region of Western Australia is one of the most resource rich areas in Australia and there has been very little exploration at depth. In essence, Western Australia has been spoilt for choice for shallow mineral wealth.

“It’s time that someone started looking for the source of a lot of mineralisation in the Western Pilbara that has fed the many surface deposits of cobalt, nickel, copper, zinc, gold and PGE’s, within Artemis’ extensive tenement package south of Karratha.

“It will also be very interesting to see if we can find continuity of the gold recorded at around 1,756m in the nearby CRA hole1 that was drilled back in 1984/85 as we drill this hole to test for the potential of base metals, gold and diamonds.”

The company is working through the necessary approvals required to commence drilling.

Share

Featured Articles

Hybrid live event shaping the future of Sustainability & ESG

Sustainability LIVE London returns for a two-day, multi-track conference programme featuring inspirational ESG speakers, debates and discussions

Nine must-attend sustainability events for business leaders

From London to Abu Dhabi, Singapore to San Diego, these sustainability-focused events are designed to help business leaders action their ESG goals

Daniel Weise of BCG on new supply chain and procurement book

Daniel Weise, global leader of Boston Consulting Group’s procurement business line, on the timely publication of his new book, Profit From The Source

Attract and retain talent with flexible working and benefits

Human Capital

Nurturing the next generation of women leaders in Africa

Leadership & Strategy

5 Mins With: Cybersecurity expert Ariel Parnes of Mitiga

Technology