Artemis Resources looks to Newcrest and Greatland results for targeting at Armada
Exploration activities are ongoing across Havieron and the Armada Project.
Company
ASX:ARV
Artemis Resources Ltd is a gold, copper and lithium focused resources company with three major projects in Western Australia: the Greater Carlow Castle gold-copper-cobalt project in the West Pilbara; the Paterson Central project in the Paterson Province; and the Osborne JV in the West Pilbara.
222 stories · page 2 of 3
Exploration activities are ongoing across Havieron and the Armada Project.
The seismic data review over the company’s tenements near Haverion is proceeding well with the report due in early October.
Carlow Castle, which is 25 kilometres southeast of Karratha, is a gold, copper and cobalt project containing a 7.7 million tonnes resource.
A scoping study will be undertaken following the updated resource estimate with the study aimed for completion by mid-December.
Investments and investor services
The purchase was part of the recently completed share purchase plan (SPP) which raised $2.7 million.
Investments and investor services
In this episode Samso chats with Artemis Resources executive director and interim CEO Ed Mead about the hot topic of the Paterson Goldfields.
The Rincon Resources acquisition makes the company one of the largest landholders in a region which seen the recent gold and copper discoveries.
The latest episode sees Artemis Resources executive director Ed Mead chatting to Samso.
This makes Artemis one of the largest landholders in a region which has seen the recent gold and copper Winu discovery (Rio Tinto) and Haverion discovery (Greatland Gold/Newcrest).
The SAM survey will provide multiple vectors to increase the priority of areas for follow up pitting and trenching.
After a review of several firms, an advisor has been appointed to review and advise on potential corporate transactions.
The WA Department of Water and Environmental Regulation has approved Tailing Storage Facility 3.
To date, the company has completed more than 39,000 metres of drilling across eight exploration targets.
The company’s securities will remain in a trading halt until Friday, June 14, 2019, or when an announcement is made to the market.
Mechanical ore sorting is being trialled by Artemis’ partner Novo Resources at its Beatons Creek and Egina Projects, which could be mirrored at Purdy’s Reward.
Investments and investor services
Samso seeks to help clients with business development and public investor/relation needs. Samso has over 30 years of experience in developing business ideas and concepts in the Australasian region.
The company continues to focus on its key assets and looks forward to updating the market on various activities in due course.
The Dubai royal-chaired company has a plant near Munni Munni that could process material.
Investments and investor services
Samso seeks to help clients with business development and public investor/relation needs. Samso has over 30 years of experience in developing business ideas and concepts in the Australasian region.
Armada is a greenfields target alongside the company’s main portfolio in the West Pilbara.
Planned diamond drilling aims to upgrade the March 2019 resource to the Indicated category.
The company has provided a corporate and operational update to investors.
Armada surrounds Greatland and Newcrest’s project at three sides.
The company is now chaired by Dubai royal, His Highness Sheikh Maktoum Hasher al Maktoum, a Commercial Bank of Dubai board member.
A future Carlow Castle mining operation could be processed at the Radio Hill plant.
Neighbour Rio Tinto unveiled a copper-gold discovery in the region yesterday, further away from Port Hedland.
The company’s chairman is a member of Dubai’s ruling family.
Last month, Artemis completed an airborne magnetic survey over the Armada prospect, identifying eight targets.
Gold and high-grade copper concentrates will be the primary value drivers at Carlow Castle.
The company is advancing its West Australian gold, base and battery metal assets.
The company has 2,400 square kilometres of what it calls “the Pilbara’s best gold, base and battery tenure”.
Artemis has a JV with Novo Resources and projects in mind to utilise its Radio Hill plant near Karratha.
Investments and investor services
Despite a sharp price correction in 2018, shrinking supply sources and growing demand for battery chemicals are predicted to sustain cobalt prices into the 2020s.
The survey covered the western 47% of the 605-square kilometre Armada Prospect.
This new JORC resource follows the recent gold resource released for Weerianna.
This project could feed the company's Radio Hill Processing Facility nearby.
Previously completed drilling is being used to update the JORC resource, due early 2019.
The exploration funding means investors can expect continued news flow from the company.
The results from the full program are expected next month in December.
A British company drilled 275 metres at 4.77 g/t gold and 0.61% copper next door.
The company expects to engage with a broader network of US investors, data distributors and media partners.
Geochemical sampling and analysis techniques prove successful in the company’s extensive tenement package.
The company drilled 37,000 metres in FY2018 and delivered two resource updates.
Geochemistry and mapping has been used to identify 10 priority cobalt targets.
Artemis's 100% owned Radio Hill processing facility is the only one in the region.
A significant new JORC resource is expected this quarter.
The project's proximity to the processing facility provides options for the company.
Results will be fed into a JORC resource update in the December quarter 2018.
The company has a number of projects surrounding the Radio Hill plant.
There have been 193 ounces recovered from 47K Patch and another 32 ounces from Purdy’s Reward prior to the Novo Resources’ JV.
More assays are pending and they will feed into a JORC resource update.
The company’s mineral assets in the Pilbara will be of interest to European investors seeking greater exposure to battery metal opportunities.
Notably, Carlow Castle is near to the company's 100% owned Radio Hill processing facility.
The company is developing a portfolio of projects surrounding the Radio Hill facility.
Exploration data is now being reviewed to determine a gold focussed work program.
The company also recently completed the second hole in its Pilbara deep drilling program.
Joint venture partner Novo Resources has had great success in the Pilbara.
The company’s shares are trading about 6% higher intra-day, at 8.8 cents.
The company owns the only processing plant in the Karratha region and is exploring for gold, cobalt, copper and platinum.
The company had a cash balance of $27.04 million at the end of June 2018.
Carlow Castle looks to be a part of a larger mineralised system that is open at depth and along strike.
Potential areas across the Fortescue Basin topography where mafic gold-rich conglomerates can form.
The company is focused on bringing the Radio Hill processing plant back online.
The company has intersected shallow 2.32% cobalt at its Carlow Castle Project.
Alteration minerals, bleaching and several quartz and pegmatitic veins have been observed.
An environmental approval and a Department of Water and Environmental Regulation licence amendment are still required.
The observations are supportive of existing mineralisation in the region.
The new nickel area could form part of a future nickel production strategy at nearby Radio Hill.
The project has equivalent stratigraphy to the Purdy’s Reward gold discovery.
Shares are well above their $0.04 52-week low, currently trading at $0.22.
Earlier this year, the company applied for nine exploration licences covering 1,300 square kilometres.
Last major work programs before completion of the DFS in early 2018.
Gold-uranium anomalies identified within the Mallina Basin sediments and conglomerates.
Global investor interest in the Pilbara has increased dramatically in recent times.
Elysium will soon explore for conglomerate-hosted gold.
DGO Gold's tenements are near De Grey's discovery of gold nuggets.
The halt will remain in place until Wednesday 25th October 2017.
The halt will remain in place until Wednesday 25th October 2017.
We are joined exclusively by Dr Mike Jones to discuss conglomerate-hosted gold.
Shares have spiked over 50% intra-day to trade at $0.02.
Artemis Resources has taken a 4.8% stake in Castle.
Segue shares are up 27% intra-day, currently trading at $0.065.
Shares in companies focused on gold in the Pilbara have recently been trading higher.
The company's tenements contain rock formations known to host conglomerate gold.
The company's tenements are located adjacent to recent major gold discoveries.
Shares in Tyranna closed yesterday up 14% to $0.016.
Kairos has traded 33 million shares by 11:45am today.
Trade in Kairos is fast and furious today, with the stock moving sharply higher.
Field assessment is currently underway across the company’s tenement portfolio.
Segue has interests in the West Pilbara, which is attracting investment.
The days main market movers including 'pocket rocket' Artemis Resources
The day’s pocket rocket stock was Artemis Resources, which shot up 60%
A total of 1,994.6 grams of gold recovered, grading 0.25 g/t gold.
Copper oxide ore sale to generate circa $100,000 per month to Artemis.
The work to date highlights a potentially material asset.
Artemis Resources (ASX:ARV) is planning to commence trial gold production in Q2 2017 from its Nickol River gold/platinum project in the Pilbara region of Western Australia.
Artemis Resources (ASX:ARV) has signed a 3 month exclusive option to buy Fox Resources’ (ASX:FXR) Radio Hill nickel and copper operations, processing plant and tenements.