Artemis Resources Ltd - mineral exploration company focused on gold projects in Western Australia - Finds rock chip sample with over 10,000 grammes of gold per tonne at the Titan prospect which is part of the firm’s ground reconnaissance programme at its Karratha gold project in the Pilbara region of Western Australia. Artemis Resources says it produced a 10.4 ounce gold bar from the high-grade material extracted from the Titan prospect. Further, the firm announces copper assay results of up to 23.8% copper per tonne of ore.
Executive Director George Ventouras says: ‘We remain excited by the gold prospectivity that our tenements continue to deliver. The re-focus of exploration efforts and strategy on a tenement wide scale is continuing to deliver evidence of multiple new zones for gold mineralisation, which we believe could contain the potential for large scale deposits. The next steps will allow us to refine these zones, delineate bona-fide prospects and work towards more targeted exploration efforts.’
Current stock price: 0.87 pence per share, up 82% late Thursday morning in London
12-month change: down 18%
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