Artemis Resources gets green light for drilling at Armada Gold-Copper Project in WA
The seismic data review over the company’s tenements near Haverion is proceeding well with the report due in early October.
Company
ASX:ARV
Artemis Resources Ltd is a gold, copper and lithium focused resources company with three major projects in Western Australia: the Greater Carlow Castle gold-copper-cobalt project in the West Pilbara; the Paterson Central project in the Paterson Province; and the Osborne JV in the West Pilbara.
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The seismic data review over the company’s tenements near Haverion is proceeding well with the report due in early October.
Carlow Castle, which is 25 kilometres southeast of Karratha, is a gold, copper and cobalt project containing a 7.7 million tonnes resource.
A scoping study will be undertaken following the updated resource estimate with the study aimed for completion by mid-December.
Investments and investor services
The purchase was part of the recently completed share purchase plan (SPP) which raised $2.7 million.
Investments and investor services
In this episode Samso chats with Artemis Resources executive director and interim CEO Ed Mead about the hot topic of the Paterson Goldfields.
The Rincon Resources acquisition makes the company one of the largest landholders in a region which seen the recent gold and copper discoveries.
The latest episode sees Artemis Resources executive director Ed Mead chatting to Samso.
This makes Artemis one of the largest landholders in a region which has seen the recent gold and copper Winu discovery (Rio Tinto) and Haverion discovery (Greatland Gold/Newcrest).
The SAM survey will provide multiple vectors to increase the priority of areas for follow up pitting and trenching.
After a review of several firms, an advisor has been appointed to review and advise on potential corporate transactions.
The WA Department of Water and Environmental Regulation has approved Tailing Storage Facility 3.
To date, the company has completed more than 39,000 metres of drilling across eight exploration targets.
The company’s securities will remain in a trading halt until Friday, June 14, 2019, or when an announcement is made to the market.
Mechanical ore sorting is being trialled by Artemis’ partner Novo Resources at its Beatons Creek and Egina Projects, which could be mirrored at Purdy’s Reward.
Investments and investor services
Samso seeks to help clients with business development and public investor/relation needs. Samso has over 30 years of experience in developing business ideas and concepts in the Australasian region.
The company continues to focus on its key assets and looks forward to updating the market on various activities in due course.
The Dubai royal-chaired company has a plant near Munni Munni that could process material.
Investments and investor services
Samso seeks to help clients with business development and public investor/relation needs. Samso has over 30 years of experience in developing business ideas and concepts in the Australasian region.
Armada is a greenfields target alongside the company’s main portfolio in the West Pilbara.
Planned diamond drilling aims to upgrade the March 2019 resource to the Indicated category.