Artemis Resources (ASX: ARV) is preparing to release an announcement in relation to an acquisition, with the company granted a trading halt by the ASX today.
While no further details were released, the company has previously said it continues to review acquisition opportunities.
Artemis’ main focus is gold exploration at its key projects, the prospective Yandal and Mount Clement gold projects in Western Australia.
The company has identified 47 drill targets at Yandal, 27 of which will be the subject of the recently started 4,000 metre reverse circulation drilling program.
The halt will last until the earlier of an announcement being made available to the market, or the opening of trade on Tuesday 15 May.
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