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Gold & silver

Artemis Resources executive director demonstrates confidence in gold-copper strategy with on-market purchase

The company intends to mobilise for drill testing the top-ranked Apollo and Atlas targets as well as other targets at the wider Paterson Central Project in Western Australia, north of the Havieron gold-copper discovery, potentially early ne

Artemis Resources Ltd (ASX:ARV) (FRA:ATY) (OTCMKTS:ARTTF) executive director Alastair Clayton has demonstrated his confidence in the company’s gold and copper exploration strategy with the purchase of shares in an on-market transaction.

Clayton acquired 500,000 shares valued at $47,500 in a direct interest on February 9, increasing the total number of securities held in the company to 2 million.

Ionic leach sample assays

The company recently received better than expected ionic leach soil sample assays further highlighting the large, top-ranked Apollo and Atlas targets within the wider Paterson Central Project in Western Australia, north of the Havieron gold-copper discovery.

During a drilling program at Nimitz prospect last year, the exploration team also carried out soil sampling by walking along 18 survey lines oriented to parallel sand dunes.

Samples were collected at 942 locations within inter-dune swale areas with an average line spacing of 750 metres and along line sample spacing of 100 metres.

Artemis also received assays from 71 core grab samples taken r-side from 1,151 metres of basement diamond core at the Nimitz prospect during the December quarter of 2020.

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