Artemis Secures Heritage Clearance for Cassowary Maiden Drilling
Artemis Resources Limited has received the heritage survey report for the Cassowary copper-gold target within the Madura Project in Western Australia, clearing four drill sites, local access tracks, and campsites for maiden drilling.
The clearance follows surveys undertaken with the Pila Nguru Traditional Owners. Artemis plans to start its maiden diamond drilling program at Cassowary in early September 2026. The initial program comprises two deep diamond holes designed to extend to 750 metres depth, targeting the centre of a magnetic and structural anomaly where the top of the interpreted target sits approximately 400 to 550 metres below surface.
The company is progressing contractor engagement and site preparations, including track upgrades and water bore drilling. Recent 3D inversion modelling by Nordic Geoscience is being incorporated into final drill design. Funding for the program is supported by an A$8 million placement completed in June 2026, which included a 9.9% strategic interest taken by Jupiter Asset Management.
“Receipt of the heritage clearance is another important milestone as we progress towards the first drilling at Cassowary. At the same time, the additional geophysical work undertaken by Nordic Geoscience is helping us refine the drill design and ensure the first two holes provide an effective test of this large, concealed target.”
— Matthew Greentree, Executive Director
Artemis expects to provide further updates once the drilling contractor has been engaged and rig mobilisation is underway.
Read the full announcement: Heritage Clearance Received for Cassowary Drilling