Artemis Strikes 5m at 13.1g/t Gold in First Titan East Drill Hole

A Strong Start at Titan East

Artemis Resources (ASX, ARV) has delivered an encouraging early result from its exploration efforts at the Titan East Prospect, part of its broader Karratha Gold Project in Western Australia's Pilbara region. The first reverse circulation (RC) drill hole, 25ARRC006, intersected a high-grade gold zone of 5 metres averaging 13.1 grams per tonne (g/t) from 132 metres downhole, including an even richer 3 metres at 20.9 g/t. This discovery marks the first drilling along a previously untested northeast trending shear zone, which is interpreted to be structurally significant and parallel to the nearby Regal Thrust.

Geological Context and Significance

The mineralisation is associated with abundant quartz veins within a 20-metre mineralised interval, suggesting a robust structural control on gold deposition. The Titan East area is geologically complex and largely obscured by transported sediments, which has limited prior surface exploration. The discovery hole’s location just 1.5 kilometres west of the established Carlow gold-copper resource underscores the potential for resource growth in the vicinity, aligning with Artemis’s strategy to build scale around Carlow by identifying additional nearby deposits.

Ongoing Drilling and Next Steps

Assay results are awaited from a second RC hole, 25ARRC024, drilled 50 metres east of the first, which intersected multiple quartz vein intervals between 28 and 57 metres depth within altered ultramafic and sedimentary rocks. These early signs of mineralisation reinforce the prospectivity of the shear zone. Artemis plans to commence diamond drilling in late November to better understand the orientation, true width, and continuity of the quartz veins, which will be critical for assessing the potential scale and grade of the mineralised system.

Strategic Implications for Artemis

Executive Director Jozsef Patarica highlighted the significance of the result, noting it as an excellent start that boosts confidence in the Titan East target and the wider Carlow area. The company’s broader exploration program, including 18 RC holes across Titan and the nearby G1 gravity anomaly, aims to delineate new gold resources in a region rapidly emerging as a key gold province. The combination of high-grade intercepts and structural complexity suggests that Titan East could become a valuable addition to Artemis’s portfolio.

Looking Ahead

While the initial results are promising, the true extent and economic viability of the mineralisation remain to be determined. The upcoming diamond drilling will provide critical geological data to refine the exploration model and guide further drilling. Artemis’s ability to integrate these findings into its Carlow strategy will be closely watched by investors seeking exposure to high-grade gold exploration in a Tier 1 jurisdiction.