Artemis Resources has now received all approvals to install and commission the new gold circuit at the company’s Radio Hill mine site in the Pilbara.
The DWER Licence Amendment (Environmental approval) is the final approval required for Artemis to commence construction and commissioning of the gold circuit.
The news comes after Artemis previously received DMIRS Project Management Plan (Safety approval) and DMIRS Mining Proposal (Environmental approval) – required to start construction activities in relation to the installation of the new gold circuit.
These approvals allow Artemis to install and commission a new tertiary crusher, gold circuit and our newly refurbished crushing and grinding units,” Artemis’ Chief Executive Officer Wayne Bramwell said.
“Being able to treat gold ores is a new capability for Radio Hill and this enhancement ties directly into our strategic plan to expand the operational flexibility of the Radio Hill Operations.”
Installation of gold circuit, gold room, product sampling, dewatering and tertiary crushing equipment will begin immediately.
Artemis anticipates refurbishment of the crushing, materials handling and grinding circuits to be completed, contractors demobilised and commissioning of the gold circuit in November 2018.
Meanwhile, the company has completed its 70% earn-in to the Munni Munni project in West Pilbara from Platina Resources. The company has now met its $750,000 expenditure to earn the stake in the project.
Munni Munni is Australia’s largest JORC compliant Palladium resource, is contiguous to Artemis tenements on all sides and is located approximately 20km from the company’s Radio Hill Operations.
New ZTEM and SAM surveys have been completed with Artemis-Platina JV geologists to review all recent work once results come to hand to determine a gold focussed work programme to test the structural setting for possible conglomerate or paleoplacer gold targets.
Shares in Artemis were trading at 16.5c on Monday.