Artemis Resources Launches Heritage Survey at Cassowary in Australia, Preparing for Q3 2026 Drilling
2026-06-29 08:48
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en.Wedoany.com Reported - Artemis Resources (ASX:ARV) has launched a cultural heritage survey at Cassowary, the flagship asset of the Madura Copper-Gold Project in Western Australia, in preparation for initial drilling. The survey is being conducted with the Pila Nguru traditional landowners at proposed drill sites and access routes.

Located 440 kilometers east of Kalgoorlie, Cassowary targets an Iron Oxide Copper-Gold (IOCG) system within the province. The anomaly, approximately 4 kilometers in diameter, is one of two priority drilling targets for Artemis within this belt-scale tenement. Madura Project Manager Julian Hanna stated that after over 40 years in the industry, targets like Cassowary are rare, standing out due to the scale of its magnetic anomaly and its position along the Madura crustal boundary, a structural setting considered highly prospective for large copper-gold systems.

Artemis Executive Director Matthew Greentree said completing the cultural heritage survey is a significant step toward drilling, and the company is pleased to advance exploration in collaboration with the Pila Nguru traditional landowners. He noted that Cassowary is the first of two priority drilling targets, and achieving this milestone will enable the company to proceed with initial drilling as planned in the third quarter of 2026.

Artemis controls over 2,100 square kilometers within this underexplored belt, spanning more than 100 kilometers along the boundary strike. Cassowary is located at the northern end of the belt, while the southern end, Sharon Dam, adjoins tenements held by WA1 Resources (ASX:WA1), which has a market capitalization of A$875 million. Greentree stated that with the first tranche of the recent A$8 million funding received, the company is well-funded to advance drilling and unlock the potential of this copper-gold province.

Following heritage clearance and final approvals, the initial drilling program at Cassowary will comprise three holes designed to test potential IOCG mineralization. Additionally, the company holds the Carlow Castle, Titan, and Thorpe gold-copper prospects in the North Pilbara, along with multiple pegmatite lithium occurrences and the Radio Hill processing plant near Karratha. Exploration plans for these assets continue.

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