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An update from Artemis Resources ( (AU:ARV) ) is now available.
In its December quarter report, Artemis Resources flagged a significant exploration breakthrough at the Titan East prospect within its Karratha Gold-Copper Project, where drilling confirmed a new shear-hosted gold system with high-grade intersections over a 600-metre strike and prompted follow-up diamond drilling. The company also advanced a conceptual mining study for its cornerstone Carlow Gold-Copper Project to evaluate open pit and underground development scenarios in a stronger commodity price environment, expanded its copper growth pipeline through an earn-in and joint venture on the Sharon Dam IOCG Project in the Madura Province alongside ongoing work at Cassowary, and entered a non-binding MoU to study processing high-grade silver ore from the Elizabeth Hill mine at its Radio Hill plant, while implementing corporate changes including a shift in technical leadership and plans to delist from London’s AIM to cut costs and focus liquidity on the ASX.
More about Artemis Resources
Artemis Resources is an ASX-listed exploration and development company focused on gold and copper projects in Western Australia, notably the Karratha Gold-Copper Project and the Carlow Gold-Copper Project in the Pilbara, and large-scale IOCG-style copper-gold targets in the Madura Province. The company also owns the fully permitted Radio Hill Processing Plant near Karratha, providing potential processing optionality for its own and third-party ore, and is seeking to streamline its capital markets presence by consolidating trading on the ASX.
For an in-depth examination of ARV stock, go to TipRanks’ Overview page.