22nd Nov 2022 12:08
Artemis Resources Ltd - Perth-based miner with gold, copper and cobalt projects in Australia - Starts search for an Australian-based chief executive officer to strengthen the executive team and drive the Greater Carlow and Paterson Central projects forward. Says it has undergone a programme of turnaround since early 2020, including "recapitalisation, corporate and project rationalisation, extensive exploration and resource definition and estimation and is now well positioned to embark on an exciting new phase of growth".
Chair Mark Potter says: "Artemis is now well positioned to embark on an accelerated growth strategy at its Greater Carlow Au-Cu-Co project in 2023. The board is unanimous in believing that the 2023 drilling and feasibility phases require Executive leadership in the form of a CEO based in Western Australia."
Ssays continues to advance the Paterson Central and Greater Carlow projects, located in the Pilbara Region of Western Australia, with exploration drilling activities expected to restart in the first quarter of 2023.
Current stock price: 1.81 pence, down 7.1% on Tuesday in London
12-month change: down 52%
By Xindi Wei; [email protected]
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