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Artemis Resources enters trading halt pending restructure of board and management team

The company has 2,400 square kilometres of what it calls “the Pilbara’s best gold, base and battery tenure”.

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Artemis is currently finalising a resource update for its flagship project

Artemis Resources Ltd (ASX:ARV) (FRA:ATY) has been granted a trading halt by the ASX pending the release of information regarding a change to the structure and responsibilities of its board and management team.

The announcement will be made when the restructure is finalised.

Artemis’ trading halt will remain in place until the start of normal trading on Wednesday, February 6, 2019, or when an announcement is released to the market, whichever occurs earliest.

 

Artemis describes itself as the “first West Pilbara company to consolidate a significant portfolio of base, battery and precious metal assets with a strategically-located processing plant.”

It has 2,400 square kilometres of what it calls “the Pilbara’s best gold, base and battery tenure”.

READ: Artemis Resources puts $5.4 million to use on Carlow Castle and Armada in Pilbara

The company is currently finalising a resource update for its flagship Carlow Castle Gold-Copper-Cobalt Project in the West Pilbara region of Western Australia.

A week ago the company also shared news on an exploration prospect separate to its main group of projects - Armada in the East Pilbara region.

Quick facts: Artemis Resources Ltd

Price: 0.028 AUD

ASX:ARV
Market: ASX
Market Cap: $26.15 m
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Full interview: Artemis Resources increases gold resource by 60% at Carlow...

Artemis Resources Limited (ASX:ARV) executive director Edward Mead updates Proactive on an upgraded mineral resource estimate (MRE) at the company’s 100%-owned Carlow Castle Project in WA with grade and tonnage boosted. The gold resource alone increased by 60% with copper up 25% and cobalt by...

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