This conversation is about the company’s recent acquisition of the South Telfer Gold and Copper Project in the Paterson Range.
Artemis has become one of the largest landholders in this province after signing an agreement to acquire Rincon Resource Limited, the holder of 708 square kilometres.
Rincon’s three projects are its flagship South Telfer project, the Laverton project and Kiwirrkurra project.
Notably, South Telfer is just 12 kilometres from Newcrest’s giant 25 million-ounce Telfer gold mine.
The total price for the acquisition, which is subject to due diligence and conditions, is $2.7 million in cash and scrip.
The discussion with Samso focused on several topics:
- South Telfer project
- Paterson Range
- Historical drilling results for the project
- The fact that infrastructure is not an issue for exploring in the Paterson Range.
- Exploration is all about a systematic process.
The conversation was fun and brought out some myth busters about the Paterson Range.
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