The company has identified 47 drill targets of which it will drill 27 high priority targets for a total of 4,000m of reverse circulation (RC) drilling, following a comprehensive review and further supporting geophysical work undertaken between October 2011 and February 2012.
Artemis said the drilling will be carried out in three areas.
Shallow gold mineralization Lowlands show largely untested steep north-south mineralized structures intersected by north west-trending shear zones, according to historical drilling.
An induced polarisation (IP) survey maintains the existence of these deep-seated steep structures coincide with a chargeability anomaly out lined along all four IP traverses.
The anomalies are interpreted to host a large gold resource such as at Bronzewing (2.3moz), Jundee (5.4moz) and Darlot (2.9moz).
Initially Artemis plans to drill a total of 17 RC holes in the Lowlands area to drill test the most promising targets.
The company has selected a total of four most pronounced areas of high chargeability for drill testing in the Palaeochannel Areas.
A total of six holes will be drilled at Sandalwood where nickel sulphide gossans associated with a pronounced aerial magnetic high, have been identified by geological mapping and sampling.
Drilling is scheduled to commence in April/May of this year.
