Artemis Resources Ltd ARTTF

Metals & Mining Copper Industrial Metals & Minerals

Artemis Resources Limited is gold copper and lithium focused resources company. It holds three projects in Western Australia, including Carlow Castle gold-copper-cobalt project in the West Pilbara; Paterson Central project in the Paterson Province (located adjacent to Greatland Gold / Newcrest’s recent gold-copper discovery at Havieron, and Osborne joint venture in the West Pilbara. The Carlow Castle gold-copper-cobalt project is situated in the mining jurisdiction of Western Australia’s West Pilbara, 25 kilometers (km) from the regional city of Karratha. The Carlow deposit is on granted exploration license E47/1797 and is only 35 km from Artemis resources 100% owned Radio Hill Processing Plant. The Lulu Creek Gold Project lies 20 km to the west of Artemis’s Carlow Castle deposit. The Paterson Central Gold-Copper Project is located within the Yaneena Basin of the Paterson Province. It controls 144 square kilometers (km2) of prospective tenure adjacent to Green Tech and Azure Minerals.

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Artemis Resources Ltd > Artemis opens higher in Europe this morning

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Comment by Raptor7on Nov 10, 2017 1:06pm

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RE:Artemis opens higher in Europe this morning

Maybe this latest news will change some of the thinking that is out there. I have watched in bewilderment Novo being valued so much more richly than ARV. They are 50/50 partners on Purdy's Reward, are they not? And let's be honest, Purdy's results thus far have been heads above anything anywhere else. But somehow we've been lulled into believing that NVO is so much more valuable because of their huge land position. Apparently in Pilbara, a bird in hand need not be worth two in the bush.

So, fine! Let's go with this. But ARV now announces the presence of widespread Fortescue sediments on their Munni Munni property that greatly improve the prospects for this area and they announce the acquisition of tenements that "plug a very big gap in the map". Hmmm! Maybe Novo doesn't have it all. So when will ARV start receiving appropriate value for this extra land? Maybe soon and perhaps we can for once and for all get rid of this silly notion that ARV should be worth only one quarter that of NVO.

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