Artemis Resources Ltd (ASX:ARV, AIM:ARV, OTCQB:ARTTF) said it is waiting for assay results from the recent drilling at the Osborne joint venture in Western Australia.
Three diamond drill holes were completed at Osborne, including two at the Southern pegmatite trend and one at the Kobe pegmatite trend, with pegmatite intersections up to 24.6 metres (m) thick, 550m down dip of Osborne trend lithium pegmatite surface outcrops.
Significant mineralised lithium rock chip samples have also been reported on the Kobe and Southern trends.
Elsewhere, ground activity restarted at the Artemis lithium project in late 2023 while a multi-hole reverse circulation drill program is being designed for Greater Carlow at Lulu Creek.
Artemis’s cash balance was A$1.56 million with ASX share investments of A$3.2 million on 31 December 2023.