M&A

Artemis options Paterson position

ARTEMIS Resources will trade a significant share of the company to shareholders in an explorer linked to veteran geologist Zeffron Reeves in return for more than doubling its position in Western Australia's Paterson Province, giving it ground immediately south of Newcrest Mining's 25 million ounce plus Telfer copper-gold mine.

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The junior has signed a binding agreement to acquire Rincon Resources, which adds the South Telfer project, where Newcrest drilled over 200 holes for 22,000m, including interrogating the Hasties prospect,...

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