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Artemis Resources Limited ( (AU:ARV) ) has issued an update.
Artemis Resources Limited has announced progress in its exploration activities at the Karratha Gold Project, with detailed geological mapping and new geophysical data revealing high-priority drilling targets. The company plans to initiate drilling in February 2025 to explore these targets, centered around the Carlow gold resource, and aims to extend known mineralized zones. Recent rock chip sampling has returned high-grade gold and silver results, indicating potential for significant discoveries. The company has also strengthened its financial position with a successful capital raise and appointed Julian Hanna as the new Managing Director, enhancing its technical leadership. These developments position Artemis to advance its exploration efforts and potentially increase shareholder value.
More about Artemis Resources Limited
Artemis Resources Limited is a company operating in the mining industry, focusing on gold and copper exploration. The company is primarily engaged in exploration activities at its Karratha Gold Project, which is fully owned by Artemis.
Average Trading Volume: 13,250
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $10.96M
See more data about ARV stock on TipRanks’ Stock Analysis page.
