Artemis Resources has agreed to allow Canadian gold explorer Pacton Gold to use its Radio Hill processing plant facilities in the Pilbara, Western Australia.
Perth-based Artemis is in the process of upgrading the gold circuit at the plant to complement its existing base metal capabilities. The company expects to complete stage one of the 0.5Mt/y expansion by early 2019.
The alliance between the two companies will allow Pacton to process gold from its Pilbara interests at the Radio Hill facility, which is 35km from Karratha.
Pacton holds several leases in the surrounding area to the east and southeast of the Radio Hill plant from which it can truck material.
According to Artemis executive chairman David Lenigas, Radio Hill’s newfound gold processing capability “makes it an increasingly strategic asset and provides the opportunity for other gold companies in the Pilbara to fast track their bulk sampling and project evaluation programs.”
Lenigas added Pacton had recognised the strategic value of access to Radio Hill.
“Trucking transport costs in the Pilbara are very reasonable, hence the attraction of access in the Radio Hill infrastructure for Pacton,” he said.