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Artemis Resources Ord Shs 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.


OTCPK:ARTTF - Post by User

Artemis Resources Ord Shs > Who's got the Most Geo's In the Field?
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Comment by wwadehammeron Oct 18, 2017 7:55am
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RE:RE:RE:RE:RE:RE:Who's got the Most Geo's In the Field?

RE:RE:RE:RE:RE:RE:Who's got the Most Geo's In the Field?It all depends on the upcoming resource estimate for JV property.  If 10 million ounces, which would be huge IMO.  Approximately 464 million shares out, so to be valued at $2.80 Canadian the after tax profit would have to be $1.3 billion.  Artemis's would get 5 of the 10 million ounces. So dividing 5 million ounces into $1.3 billion gives $260 an ounce Canadian after tax profit.  It could happen but 10 million ounces seems like a stretch for the 5 to 15 meter thickness of reef.  I would guess maybe 2 million ounces which is still incredible.  If QH thought there was 10 million ounces in the JV property, ES would have attempted a takeout by now IMO
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