Artemis Resources Limited (ASX:ARV) Appoints New Managing Director
Leadership Appointment
Artemis Resources Limited (ASX:ARV) has appointed Mr. Julian Hanna as Managing Director, effective immediately, subject to LSE AIM market procedures. Mr. Hanna, a seasoned geologist and mining executive, previously served as Senior Technical Advisor. He has a strong history of leading successful exploration strategies at companies such as Western Areas Ltd and MOD Resources Ltd.
Drilling Campaign Outlook
Mr. Hanna will oversee an ambitious drilling campaign at the Karratha Gold Project in early 2025. Key targets for this initiative include the Carlow deposit extensions, the Marillion EM anomaly, and the Titan gold veins, which offer considerable potential for impactful mineral discoveries. The operations will leverage insights gained from a recently completed $4 million capital raise, aimed at supporting these exploration objectives.
Executive Comments
Chairman Guy Robertson expressed enthusiasm about Mr. Hanna’s appointment, stating, “His proven leadership in discovering and developing tier-one mineral deposits will help drive Artemis’ ambitions forward.” Mr. Hanna highlighted his commitment to enhancing shareholder value and advancing the company’s projects, seeing a bright future particularly at the Karratha Gold Project. He stated, “The recently completed capital raise provides a strong foundation to deliver on these exploration objectives and evaluate new opportunities.”
Resignation of Executive Director
The company announced the resignation of Executive Director, Mr. George Ventouras, who has chosen to pursue other opportunities. The Board recognised Mr. Ventouras’s contributions over the past 14 months, particularly his role in securing the recent capital raise.
This announcement underscores Artemis Resources’ commitment to strategic leadership and focused exploration in the highly prospective Pilbara region.
Motley Fool contributor Lianne Eastty has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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