Artemis today reports that it has entered into a non-binding and non-exclusive Memorandum of Understanding (MoU) with Anax Metals (ASX:ANX). According to the MoU both parties will evaluate the potential to mine copper from Artemis’ Carlow Castle project and process it at Anax Metals (80%) Whim Creek project (approximately 80km to the east), which includes a proposed 400ktpa concentrator and heap leach facility (Exhibit 1). The MoU is valid for a 12-month period and can be terminated by either pa ....

10 Sep 2024
Artemis Resources (ARV LN) - Memorandum of Understanding signed

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Artemis Resources (ARV LN) - Memorandum of Understanding signed
Artemis Resources Limited (ARV:LON) | 0.4 0 20.0% | Mkt Cap: 17.0m
- Published:
10 Sep 2024 -
Author:
Paul Smith | David Seers -
Pages:
4 -
Artemis today reports that it has entered into a non-binding and non-exclusive Memorandum of Understanding (MoU) with Anax Metals (ASX:ANX). According to the MoU both parties will evaluate the potential to mine copper from Artemis’ Carlow Castle project and process it at Anax Metals (80%) Whim Creek project (approximately 80km to the east), which includes a proposed 400ktpa concentrator and heap leach facility (Exhibit 1). The MoU is valid for a 12-month period and can be terminated by either pa ....