Artemis Resources (ASX: ARV) has confirmed depth potential with results from follow-up diamond drilling at the Titan East gold discovery in Western Australia.
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Located within the Karratha gold project in WA’s Pilbara region, Titan East was confirmed in December quarter RC drilling of a previously untested mineralised structure beneath shallow cover, including a high-grade intercept and a subsequent discovery.
New results from diamond drilling have confirmed down-dip continuity of gold mineralisation and the potential for a more significant shear-hosted gold mineralised system.
Executive director, Jozsef Patarica, said the new results support continuity of the mineralised structure extends at depth.
“Mineralisation remains open at depth and along strike. Future drilling will focus on refining the structural model and systematically test extensions of the shear-hosted gold system.
“Further drilling is being planned to test the mineralised structure that hosts the Titan East mineralisation and potential extensions along strike and at depth.”
Highlights from the diamond drilling include 4.7m at 2.3 grams per tonne (g/t) from 175.27m, including 1.3m 6.38 g/t and 5.0m at 1.3 g/t from 256mm, confirming further depth extensions.
The Titan East discovery has renewed Artemis’ Pilbara portfolio focus on identified gold mineralisation along Regal Thrust.
Mr Patarica said the company is now reviewing the exploration work completed to date to develop additional drill targets as part of a targeted RC and diamond drilling campaign, with planning underway for further drilling to evaluate the potential for extensions to gold mineralisation along strike and down-dip.
The company is also carrying out environment assessments, along with technical reviews, to be completed in the June 2026 quarter as it looks to obtain further drill access in the Titan East area.
ARV is steady at 0.6¢. Mkt cap $22.62M.
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