Pilbara Region - Exciting Future Project Updates

Sent on: Tuesday, 28 March 2017 at 10:33:13 AM

Pilbara Region - Exciting Future Project Updates


North West Shelf Project / Karratha Gas Plant

Woodside Petroleum chief Peter Coleman says the company can double the life of the nation's biggest and oldest LNG export plant the North West Shelf at Karratha at a competitive price by piping gas 900km from the Browse gas joint venture, where studies on a $40 billion Browse floating LNG development were ditched last year.

The plan has now overtaken floating LNG as Mr Coleman's preferred development plan.

It brings studies of a longawaited Browse development full circle from eight years ago, when then Woodside chief Don Voelte led the Woodside-operated Browse venture to drop the Shelf plans and instead investigate an LNG plant at James Price Point near Broome.

Click here to read the full statement


Artemis Resources / Carlow Castle Cobalt/Copper/Gold Project near Karratha

Artemis Resources Limited ("Artemis" or "the Company") (ASX:ARV) is pleased to announce that high grade cobalt, copper, bold assay results continue to be received from the current RC drilling programme at the Company's 100% owned Carlow Castle Cobalt/Copper/Gold Project near Karratha in Western Australia.

To date, 8 holes have been drilled and drilling continues.  Further assay results from ALS Global (Perth Laboratory) will be announced shortly.

Artemis has a binding conditional agreement ("Agreement") with Fox Resources Limited (*Fox") until the end of April 2017 to buy their fully permitted AGIP 425,000tpa Radio Hill nickel and copper operations, processing plant and associated mining and exploration tenements with significant existing JORC 2004 and 2012 complaint resources of Nickel, Copper and Zinc situated within a 15km radius of the Radio Hill plant.  The Radio Hill Plant is located 35 km south of Karratha in the Pilbara Region of Western Australia.

Click here to read the full media release