Artemis Resources finds first gold nuggets at Mt OscarWits

Artemis Resources has added extensive prospectivity to its Mt OscarWits conglomerate in Western Australia following the recovery of ‘watermelon seed’ gold nuggets.

The conglomerate is about 16 kilometres northeast of Purdy’s Reward (a joint venture between Artemis and Novo) and 35 kilometres east of the city of Karratha in the Pilbara. The nugget find follows on from the result of a stream sediment and rock chip sampling period that showed anomalous gold mineralisation in October amongst extensive quartz and chert mineralisation.

The nuggets were found to be generally smaller than those found at the neighbouring Purdy’s Reward conglomerate prospect, but the find still shows potential; Ed Mead, the executive director of Artemis, called the find “significant”.

The Pilbara region has been a hotbed for gold discoveries of late; in the last week alone, Segue has discovered gold nuggets, Castle has found gold mineralisation in quartz veins at its Coolyia Creek project, and Kalamazoo has ramped up exploration following successful finds by neighbouring prospectors such as De Grey and Novo.