Artemis Resources receives approval to drill at Lulu Creek

Proactive - Interviews for investors

Artemis Resources Ltd (ASX:ARV, AIM:ARV, OTCQB:ARTTF) executive director George Ventouras joins Proactive’s Tylah Tully to discuss the approvals the company has received to begin drilling at the Lulu Creek prospect in the Pilbara region of Western Australia. The drilling will target an Intrusive Related Gold System (IRGS), with mobilisation expected in the coming days. Approval follows heritage and ethnographic surveys conducted with the Ngarluma Aboriginal Corporation. Previous shallow reverse circulation (RC) drilling at Lulu Creek in 2020 identified gold zones, with highlights including 1 metre at 4.89 g/t gold and 13.7 g/t silver from 24 metres. Further exploration in 2023 revealed two chargeability anomalies aligned with these zones, offering promising targets for the upcoming drilling. The drilling program is co-funded by the Western Australian Government's Exploration Incentive Scheme (EIS). Lulu Creek, 20 kilometres from Artemis's Carlow Castle deposit, was first identified in 2018 and the company aims to expand on previous successful results. Ventouras expressed excitement about starting drilling and acknowledged the support of the Ngarluma Aboriginal Corporation. #ProactiveInvestors #ArtemisResources #ASX #GoldExploration #LuluCreek #PilbaraMining #NgarlumaCorporation #WesternAustralia #GoldDrilling #IRGS #MiningUpdate #ExplorationIncentiveScheme #CarlowCastle #QuartzVeins #GeophysicalSurveys #CopperExploration #LithiumExploration #MineralResources #WAExploration #GoldMining #MiningIndustry #DrillProgram