Business
What’s sparked a 14% Artemis (ASX:ARV) share price rally?
The Artemis Resources Ltd (ASX: ARV) share price has surged more than 14% today. Shares in the gold and copper miner are rocketing higher today after its latest quarterly update.
Why is the Artermis share price rocketing higher?
Artemis reported that further batches of assays from its 42-hole, multi-rig Q4 2020 drilling at the Carlow Castle Gold Copper Project were received in the March quarter. Those results highlighted the success seen in the December quarter drilling program.
That includes a New Northern Discovery Zone with shallow reconnaissance RC holes ~250 metres north of the main Carlow Castle resource area. That contains 5 metres at 4.36 grams per tonne of gold (g/t), 1 metre at 3.03 g/t gold and 2 metres at 2.28…
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