The Pick News

Artemis on target for heritage survey at Mt Marie and Lulu Creek

Written by Staff Writer | Jul 2, 2024 6:54:31 AM

Artemis Resources (ASX: ARV) is now set to undertake heritage surveys within the company’s tenure located in the Pilbara region of Western Australia after receiving an official go-ahead.

“We are excited with the confirmation of heritage survey dates over priority drilling target areas. Both the Lulu Creek and Mt Marie projects hold high prospectivity for their respective commodities,” Executive Director George Ventouras said.

“Once these surveys have been completed and reports received, it will clear the pathway for drilling of these targets.”

The heritage survey has been scheduled to commence on the 3rd July and is estimated to take three to four days. This survey will clear the pathway to commence drilling at both the Lulu Creek and Mt Marie projects and covers locations thought to be most prospective for gold and lithium respectively.

Heritage surveys are required to be completed to ensure that no sacred or important sites are disturbed and no important historical artefacts are destroyed. Successful completion of these surveys and the receipt of a written report are requirements for the Company to undertake ground disturbing activities such as drilling.

The Mt Marie project feature multiple rock chip assay results greater than 4% Li2O. The greater area is highly prospective for lithium mineralisation as can be seen from the Azure Minerals Ltd Andover project to the east of Mt Marie and where an exploration target of 100-240mt @ 1.00-1.5% Li2O was reported.

The Lulu Creek project was identified via prior drilling and is also the recipient of a co- funded Government drilling grant.

Once the clearance survey has been completed and reports received, the technical team will be able to finalise programmes and schedule drilling accordingly.