ARV 0.00% 1.3¢ artemis resources limited

Munni Munni - JV projekt (ARV 70/30 PGM ) Helix Resources Ltd....

  1. 1,341 Posts.
    lightbulb Created with Sketch. 166
    Munni Munni - JV projekt (ARV 70/30 PGM )


    Helix Resources Ltd. Annual report 2003
    Excerpt, page 11, Munni Munni Project:


    Following exploration expenditure to date of more than $12 million.. Most of the recent expenditure, 8.5 million in total, was sole funded by Lonmin plc. under a joint venture agreement in 2001.”

    This decision was reached after a detailed rewiew of the Project concluded that, because of the high palladium component of the resource, it did not represent a viable development opportunity at current low palladium prices. With defined grade of 2.9 g/t and high propotion of palladium relative to platinum, typical of Australian PGM projects, Munni Munni is reliant on strong palladium price.”

    The current resource estimated, by SRK Consulting Engineers and independently by Snowden Mining Industry Consultans Pty Ltd, totals 24 million tonnes grading 2.9 g/t platinum, palladium, rhodium and gold containing 2.1 million ounces of precious metals. Included within this resoure is a high-grade core coprising 7.8 million tonnes at 3.3 g/t 3E for 815,000 ounces of precious metals.”

    https://www.asx.com.au/asxpdf/20031010/pdf/3jbdrw7hnjv6c.pdf

    Kind regards,
 
watchlist Created with Sketch. Add ARV (ASX) to my watchlist
(20min delay)
Last
1.3¢
Change
0.000(0.00%)
Mkt cap ! $22.93M
Open High Low Value Volume
1.2¢ 1.3¢ 1.2¢ $8.934K 722.4K

Buyers (Bids)

No. Vol. Price($)
10 2990855 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 645104 5
View Market Depth
Last trade - 14.57pm 14/06/2024 (20 minute delay) ?
Last
1.3¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
1.3¢ 1.3¢ 1.3¢ 11538
Last updated 14.35pm 14/06/2024 ?
ARV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.