logo-loader
Artemis Resources Ltd

Artemis Resources plans diamond drilling at Carlow Castle after 71% boost in JORC resource

Artemis Resources Ltd (ASX:ARV) chief executive officer Wayne Bramwell updates Proactive Investors on the 71% increase of the JORC resource at its Carlow Castle Gold-Copper-Cobalt Project in Western Australia.

Carlow Castle’s new inferred resource measures 7.7 million tonnes at 1.06 g/t gold, 0.51% copper and 0.08% cobalt.

“This has really enthused us and we’re gaining confidence with this orebody all the time,” Bramwell says.

The company is now undertaking pit optimisation studies and planning diamond drilling to better understand the structural controls on Carlow Castle’s large orebody.

Quick facts: Artemis Resources Ltd

Price: $0.04

Market: ASX
Market Cap: $26.23 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Artemis Resources Ltd named herein, including the promotion by the Company of Artemis Resources Ltd in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Artemis signs binding agreement to acquire 100% of Rincon Resources

Artemis Resources Ltd (ASX:ARV) executive director Edward Mead updates Proactive Investors on the company’s binding share sale and purchase agreement to acquire 100% of Rincon Resources Ltd. The acquisition will include the rights to three highly prospective projects and will expand...

on 16/7/19

2 min read