Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Artemis Resources Limited ( (AU:ARV) ) has provided an update.
Artemis Resources Limited has announced promising results from its Phase One drilling program at the Carlow gold/copper resource, extending the gold potential by 600 meters along strike. The drilling revealed high-grade gold intersections at the Marillion and Titan targets, suggesting significant extensions to the known Carlow deposit. With gold prices currently high, Artemis is reviewing over 400 historic drill holes to assess further potential. The company plans to continue drilling in the June quarter, aiming to explore the gap between Carlow and Marillion, and to conduct conceptual technical studies, including metallurgical test work, to further understand the Carlow geological setting.
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 resources. The company is particularly involved in the Carlow gold/copper project, which is 100% owned by Artemis and located in Western Australia.
YTD Price Performance: -23.08%
Average Trading Volume: 84,758
Technical Sentiment Signal: Buy
Current Market Cap: $16.14M
Learn more about ARV stock on TipRanks’ Stock Analysis page.