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Artemis Resources Ord Shs ARTTF

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

Post by honkytonkgirl1on Nov 29, 2017 8:50am
203 Views
Post# 27052797

Our JV partner Macarthur: "Tenements in Pilbara Granted"

Our JV partner Macarthur: "Tenements in Pilbara Granted"

Majority of Tenements in Pilbara Granted
 

VANCOUVER, British Columbia, Nov. 29, 2017 (GLOBE NEWSWIRE) -- Macarthur Minerals Limited (TSX-V:MMS) (the “Company” or “Macarthur Minerals”) is pleased to announce that eleven (11) out of its sixteen (16) Exploration Licences in the Pilbara covering ~1,300km2 have now been granted allowing full exploration activities on those tenements for conglomerate gold, gold, and lithium.

Figure 1
  Figure 1. Macarthur granted tenements across the Eastern Pilbara and the Fortescue Group Geology

 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/367793c9-9ae5-461e-be1d-2cee4153c373

David Taplin, Joint CEO and Director of Macarthur Minerals commented:

“Macarthur Minerals is pleased that eleven (11) out of sixteen (16) of its Pilbara tenements have granted paving the way for exploration and drilling on those tenements for conglomerate gold, gold, and lithium. This includes approximately half of the area subject to the joint venture with Artemis Resources Limited, approximately half of the prospective Hillside area, where nuggets have been found and the tenement in the Pilgangoora region proximate to Pilbara Minerals Limited’s and Altura Mining Limited’s lithium projects.

This places Macarthur Minerals ahead of most of the other conglomerate gold explorers in the region and is a significant milestone for Macarthur Minerals. The remaining five (5) tenements are expected to grant shortly.”

The location of the 11 granted Exploration Licenses in the Eastern Pilbara and the remaining five pending grant is shown in Figure 1.

ABOUT MACARTHUR MINERALS LIMITED (TSX-V:MMS)

Macarthur Minerals Limited is an exploration company that is focused on identifying high grade gold and lithium. Macarthur Minerals has significant gold, lithium and iron ore exploration interests in Australia and Nevada. Macarthur Minerals has two iron ore projects in Western Australia; the Ularring hematite project and the Moonshine magnetite project.

On behalf of the Board of Directors,
MACARTHUR MINERALS LIMITED

Cameron McCall
Cameron McCall, Executive Chairman

Company Contact:
David Taplin, Joint CEO and Director
dtaplin@macarthurminerals.com
Tel: +61 407470044 

Joe Phillips, Joint CEO and Director
jphillips@macarthurminerals.com
Tel: +61 448899247 

www.macarthurminerals.com
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