Artemis Resources (LSE:ARV) reported a notable exploration advance in its December quarter update, highlighting the discovery of a new shear-hosted gold system at the Titan East prospect within the Karratha Gold-Copper Project. Drilling delivered high-grade gold intersections across a strike length of roughly 600 metres, prompting the company to commence follow-up diamond drilling to better define the scale and continuity of the mineralisation. The results mark a meaningful step forward for the broader Karratha project and support Artemis’s strategy of expanding its gold footprint alongside copper exposure.
Beyond Titan East, the group progressed a conceptual mining study at its Carlow Gold-Copper Project, assessing potential open-pit and underground development pathways against a backdrop of stronger gold and copper prices. Artemis also added momentum to its copper growth pipeline through an earn-in and joint venture agreement over the Sharon Dam IOCG Project in the Madura Province, while continuing exploration work at the Cassowary prospect. In parallel, the company signed a non-binding memorandum of understanding to evaluate processing high-grade silver ore from the Elizabeth Hill mine at its wholly owned Radio Hill processing plant, offering potential third-party processing upside. On the corporate front, Artemis announced changes to its technical leadership and outlined plans to delist from London’s AIM market, aiming to reduce costs and concentrate liquidity on its ASX listing.
More about Artemis Resources
Artemis Resources is an ASX-listed exploration and development company focused on gold and copper assets in Western Australia. Its core portfolio includes the Karratha Gold-Copper Project and the Carlow Gold-Copper Project in the Pilbara region, alongside large-scale IOCG-style copper-gold targets in the Madura Province. The company also owns the fully permitted Radio Hill Processing Plant near Karratha, providing processing flexibility for its own material and potential third-party feed, and is seeking to streamline its capital markets presence by consolidating trading activity on the ASX.
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