Artemis Resources Limited ( (AU:ARV) ) has provided an announcement.
Artemis Resources Limited has completed the first phase of drilling at the Carlow Tenement, targeting three high-priority gold prospects. The drilling program, which included five diamond holes totaling 1,790 meters, aimed to explore the Titan, Marillion, and potential extensions of the Carlow deposit. Initial findings indicate promising signs of mineralization, with hydrothermal alteration and elevated arsenic levels detected at the Titan prospect, suggesting potential gold associations. The results from this phase are expected to enhance the company’s understanding of the geological setting and expand the gold potential in this mineral-rich area, with assay results anticipated soon.
More about Artemis Resources Limited
Artemis Resources Limited is a company operating in the mining industry, focusing on the exploration and development of gold and copper deposits. The company is primarily engaged in identifying and developing mineral resources in the Pilbara region of Western Australia, with a particular emphasis on gold and copper assets.
YTD Price Performance: 30.0%
Average Trading Volume: 39,932
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $11.3M
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