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Colin Hay

Artemis Resources (ASX: ARV) has identified surface gold during ground reconnaissance activities undertaken across the Sing Six and Sing Well prospects near Karratha in WA’s north.

The programme also identified mineralised veins with associated wider alteration zones across a wide two km long area six km southwest of the recent Titan gold discovery.

“Once again our exploration team has successfully identified and collected visible gold samples across our tenement portfolio,” Executive Director, George Ventouras, said.

“We are encouraged by the level of surface and vein hosted gold that has been discovered, especially in a known mineralised area such as Sing Six. This bodes well for further potential exploration success and these clues are leading us to the source of the gold which is very exciting.”

Sing Six and Sing Well Prospects

The Sing Six and Sing Well prospects are located in the central part of the Silica Hills tenement E47/1746. The Sing Six and Sing Well prospects have been previously explored using wide spaced soil sampling and local metal detector sampling. A limited air-core drill program comprising 14 holes for total of 376m was also completed at Sing Six in 2020 with best intercept reporting 2m @ 0.97 g/t Au from 9m.

In May 2024, the company followed up previous ground reconnaissance work at the Sing Six prospect with a second phase of surface sampling and mapping. The primary focus of this program was to gain a better understanding of the distribution of surface veining, related structures and alteration zones which may be indicative of the potential for a large gold mineralised system.

More recent field mapping and rock chip sampling across the Sing Six-Sing Well area has identified multiple locations of outcropping mineralised veins across a two km long newly defined target area. Visible gold has been identified in surface samples and outcropping veins providing early encouragement of the prospectivity for this area.

Coarse angular free gold in surface cover has also been identified immediately around veins which contain visible gold and further along trend for approximately one km. The characteristics observed in the free gold samples suggest proximity to vein sources.

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