viewArtemis Resources Ltd

Artemis Resources identifies three new gravity targets at Armada

Armada is a greenfields target alongside the company’s main portfolio in the West Pilbara.

Map showing Armada location
Recently Artemis outlined a 5,000-metre program at Carlow Castle

Artemis Resources Ltd (ASX:ARV) has defined three new gravity targets at its 100% owned Armada licence in the Paterson Range of Western Australia.

The three new targets, Bandi, Orion and Romulan are 4 kilometres from Greatland Gold PLC’s (LON:GGP) Havieron gold and copper discovery.

The recent gravity and airborne magnetic surveying have identified 11 new targets (8 magnetic and 3 gravity), which have been ranked in priority for follow-up exploration.

Priority 1 targets are Kazon, Ferengi, Bolian and Kzintil and priority 2 targets are Arcadian, Edosian, Ocampo and Vidiian.

READ: Artemis Resources outlines 5,000-metre program at Carlow Castle

Artemis’s executive director Ed Mead said: “The Artemis Board sees the Paterson Ranges as highly prospective and the Armada Prospect as a high value but green fields target.

“Artemis has defined 11 targets worthy of follow up and given a suitable partner, there is an exploration pathway forward, that includes further geophysics, geochemistry and drilling that could create significant value for Artemis shareholders.”
Follow-up exploration may include further ground surveying and drilling.

Quick facts: Artemis Resources Ltd

Price: 0.032 AUD

Market: ASX
Market Cap: $32.76 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Artemis Resources Ltd named herein, including the promotion by the Company of Artemis Resources Ltd in any Content on the Site, the Company...



Artemis Resources focused on transition to cash flow after strategic review

Artemis Resources Ltd (ASX:ARV) chief executive officer Wayne Bramwell updates Proactive Investors on the gold explorer’s strategic review following its major board restructure last month.   “The immediate focus for the company will be to systematically advance Artemis’...

on 28/3/19

2 min read