Source - Alliance News

Artemis Resources Ltd - Perth-based miner with gold, copper and cobalt projects in Australia - Shares surge as says drilling results in Western Australia are in line with expectations and one-day trading suspension in London is lifted. Finds up to 1.91 grammes of gold per tonne at its Crosscut Zone, part of the Carlow project, as well as up to 8.78% copper concentration.

‘Drill results are in line with management expectations and are expected to contribute to the upcoming new Carlow project mineral resource estimate,’ Artemis states. On Wednesday the company had said it found up to 19.70 grammes of gold per tonne at the Carlow West Zone.

Current London stock price: 3.40 pence, up 15% on Thursday

12-month change: down 9.4%

Current Sydney stock price: A$0.048, down 7.7% on Thursday

12-month change: down 20%

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Artemis Resources Limited (ARV)

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