Artemis Resources Limited (ASX: $ARV) has announced the confirmation of an increased lithium mineralised zone at the Osborne JV project. The soil sampling program revealed a pegmatite cluster defined by a large lithium soil footprint with peak assays of 300 - 712ppm Li2O. Additionally, the heritage clearance at Mt Marie and Lulu Creek has been successfully completed on time and within budget.
These soil results continue to demonstrate the high-grade nature of the mineralisation across the Osborne South trends. As this is the area where we received high grade Li2O assay results, it is especially pleasing that we continue to record high value results which could point to a large envelope of lithium resources. Additionally, we are pleased that the heritage survey at Mt Marie and Lulu Creek has been completed on time and budget and we are looking forward to receiving the written report which will open the pathway towards drilling at both prospects.
Artemis Resources (ASX: $ARV) has confirmed the presence of an increased lithium mineralised zone at the Osborne JV project, as indicated by the soil sampling program. The pegmatite cluster defined by a large lithium soil footprint with peak assays of 300 - 712ppm Li2O suggests the potential for a significant lithium resource. The completion of heritage clearances at Mt Marie and Lulu Creek paves the way for future drilling activities at both prospects. The company plans to conduct further ground reconnaissance and sampling to determine the economic potential of the prospect, with potential trenching and drilling to follow if warranted.