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Artemis Resources Limited (ASX:ARV)

ALERT: Price-sensitive ASX Announcement for ARV
Current share price for ARV : $0.005 -0.005 (-50%)+
Announcement
Release
4 Dec 2025 8:22AM
Price at Release
$0.009
Full Release
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Summary
Artemis Resources Limited (ASX: ARV) and West Coast Silver Limited (ASX: WCE) have signed a non-binding Memorandum of Understanding (MOU) to evaluate the potential use of the Radio Hill Processing Plant, owned by Artemis, for processing material from West Coast Silver’s Elizabeth Hill Silver Mine. This collaboration involves sharing technical and logistical information, and conducting joint assessments to determine feasibility. The MOU does not establish any commercial obligations or partnerships between the parties, and any future agreement will depend on the outcome of detailed technical and commercial evaluations. Both companies will keep the exchanged information confidential and bear their own costs during the MOU implementation. The Radio Hill Processing Plant, capable of processing 425,000 tonnes per annum, remains on care and maintenance but is ready for rapid recommissioning. The Elizabeth Hill mine is noted as one of Australia's highest-grade silver deposits, with potential for further development.
Key Points
  • Non-binding MOU between Artemis Resources and West Coast Silver
  • Evaluation of Radio Hill Processing Plant for silver ore processing
  • Focus on feasibility and economic viability of processing
  • No immediate commercial obligations or financial commitments
  • Confidentiality and cost agreement outlined
  • Potential rapid recommissioning of Radio Hill plant
  • Elizabeth Hill noted for high-grade silver deposits
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.