Artemis Resources (ASX: ARV) has announced that Southern Geoscience Consultants (SGC) have commenced a high-resolution dipole-dipole IP survey over the company’s prospective Lulu Creek diorite intrusion.
The aim of the survey is to provide vertical resolution in defining chargeability anomalies that may represent disseminated sulphides within and around the Lulu Creek diorite. Defined chargeability anomalies will then be used for exploration drill targeting of sulphide mineralization, which is believed to host gold mineralization in conjunction with quartz veins. Dipole-dipole array IP survey has been chosen due to its ability to provide good lateral and vertical chargeability resolution in the search for disseminated sulphides within the Lulu Creek prospect area.
Lulu Creek lies some 20km to the west of Artemis’s Carlow Castle deposit and forms part of the prospective Greater Carlow area. It was initially identified in 2018 via a regional soils and rock chip programme defining an area of interest over 4km in an east-northeast orientation.
Subsequent mapping and rock chip sampling identified gold associated with quartz veins and gossans, and in an unclassified weathered unit with a light covering of transported sands and gravels. In 2020, Artemis completed 126 RC drill holes with an average hole depth of 20m and a maximum hole depth of 50m.
The drill programme was technically successful identifying numerous low-grade zones of gold mineralization associated with disseminated sulphides and quartz veins within a 2km east-northeast trending quartz diorite intrusion.
To find out more, please visit www.artemisresources.com.au
