ARTEMIS Resources Ltd
Puzzleteile die zusammenpassen ? Vielleicht dreht aber auch ein unbekannter ein größeres Rad ...
$5.6m Raising for Patersons Central & Carlow Castle Drilling
Quelle: https://www.artemisresources.com.au/
A total of 80 million shares will be issued at seven cents each
The company received strong support from new institutional investors which led Artemis to raise $1.4 million more than originally expected
A diamond drilling program will commence at Paterson Central in August
Quelle: https://www.proactiveinvestors.com.au/companies/...illing-924429.html
Mining investor Metal Tiger said it had spent A$0.5m (£0.3m) acquiring a 0.6% stake in Sydney-listed Artemis Resources. The shares were acquired at A$0.07 each, with the investment forming part of a A$5.6m fundraising by Artemis.
Quelle: https://m.miningweekly.com/article/...loration-2020-07-17/rep_id:3861
Hier ein Text aus dem HC Forum. Viel Spaß beim lesen.
ARTEMIS RESOURCES LIMITED (ASX:ARV $0.08 (MC~$80m CASH~$12m cash and liquid investments)) – Strong institutional support for $5.6m placement ahead of July/August Paterson’s Central 6-8 hole drill program. The next big discovery??? Artemis Resources has been live on a capital raise this week which we suspect is due to the institutional interest in the upcoming drilling campaign in the Paterson’s range. The Company is raising A$4.2m at $0.07 per share and due to the strong demand we expect the company to accept overs of another $1.4m for a total A$5.6m raise, with GTT a co-lead Manager. Naturally as ARV’s market cap grows it should start to institutionalise the register and with the likes of Metal Tiger, Ruffer, Ausbil and Regal taking part in this placement, the drilling program is on the right radars. Paterson Central (ARV 100%) surrounds Greatland Golds Havieron discovery where Newcrest Mining are onto stage 3 of the $95M farm in agreement and continue to update the market on their drilling progress. Recent satellite images suggest Newcrest are drilling very close to the northern ARV border and assays are eagerly awaited. ASX MARKET IDEAS: Friday 17th July 4 Artemis shareholders should expect drilling results from their Munni Munni platinum, palladium resource and also results from the Greater Carlow Gold, copper resource with assays expected from both shortly. Additionally, ARV owns 1.64m Novo Resources shares which has a market value of close to A$7m, these shares become tradeable on the 24th of this month and will assist the company if obtaining fully funding status as they embark on a very busy period. We expect the institutions who took park in the raise to look to add to their positions on market and with drilling success, major farm in partners would not be too far away. We understand Artemis has appointed well recognised drilling partner DDH1 who has 9 rigs next door at Havieron and knows the ground well, saving on mobilisation costs. The Patterson’s central drilling program remains on track to start late July – Early August on what will be arguably the most exciting program on the ASX this year… Watch this space !!
“At Paterson Central, we have an exceptional exploration opportunity in one of the world’s most exciting new gold-copper frontiers, adjacent to and surrounding on three sides, the Havieron gold and copper discovery being drilled by Newcrest and Greatland Gold,” Mark added.
Hompage, Major Projekt:
The Paterson Range is undergoing massive exploration for the next Tier 1 copper deposit, with strong interest from Rio Tinto, FMG and Newcrest. Our tenement is adjacent to Haverion.
significant shearing and alteration zones were intersected in several holes.
The Company eagerly awaits the results from both the Carlow West and SingSix drill
programmes.....in circa 3 weeks.
At our non-core Munni Munni Project (unrelated to the Greater Carlow or Paterson Central projects) which is in the process of being divested,the Company advises that it was served a writ of summons issued by the Supreme Court of Western Australia as filed by Platina Resources Limited(Platina), its 30% joint venture partner to the Munni Munni Project.Artemis retains 70%in the project.Platina claims that the Company and its wholly owned subsidiary, Munni Munni Pty Ltd, have breached theheads of agreement with Platina relating to the Munni MunniJoint Venture as a result of the Company entering into anagreement with Empire Metals Limited as announced to ASX on 28 April 2020.The Company intends to vigorously defend its position and will explore all its options in view of Platina’s claims."
In 3 Wochen gibt's Gesteinsproben und irgendwann eine richterliche Entscheidung.
Munni Munni hat jetzt keine Priorität und Rechtsstreitigkeiten lenken von wichtigen ab.
Platina is Artemis’ joint venture partner at the Munni Munni Project in Western Australia and owns 30 per cent while Artemis holds the remaining 70 per cent.
Platina claims that Artemis and its subsidiary, Munni Munni, have breached a heads of agreement by entering an agreement with Empire Metals in April.
Artemis says it will defend its position and explore all options relating to this claim.
Highlights
▪ Artemis executes a binding sale agreement for the Mt Clement Gold Project to Northern Star Resources Limited (ASX:NST).
▪ Terms include A$344,000 in cash and Artemis to retain a 1% NSR.
▪ Deal subject to standard Ministerial Consent.
▪ Represents another step in the ongoing Artemis non-core project
divestment programme.
Weitere Informationen auf der Homepage
Quelle: https://artemisresources.com.au/company/directors/280-mark-potter2
Bin gerade echt verwirrt über Artemis Management, Partner, News und Kursverlauf. Bin ratlos wohin die Reise geht.
Warum ich das hier Reinstelle ? Artemis ist mit dem Paterson Projekt fast neben Newcrest und mit Norther Star hat man einen Deal bei Mt. Clement (#190)
The resources giant said its tenements in WA’s Paterson province could support multiple gold and copper mines based on initial drilling results and the proximity of highly successful Newcrest Mining gold operations.
Rio said drilling results around Winu had raised the prospect of the "development of multiple ore bodies within one system".
Mr McIntosh, a 30-year Rio veteran who is due to retire in September, said the company was very excited about the future of Winu and the Paterson province.
Quelle: https://www.afr.com/companies/mining/...shine-to-gold-20200728-p55g9x
Quelle: https://www.proactiveinvestors.com.au/companies/...nni-jv-925635.html
Details auf den Homepages.