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Corporate Spotlight

Who is Artemis?
In Greek mythology Artemis was the goddess of the hunt, the moon and the natural environment. She is often depicted with a hunting bow and arrows.
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Artemis Resources' exploration work 'dispels myths

GRAVITY SURVEY

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COMPLETION OF GRAVITY SURVEY AT ARMADA PROJECT- PATERSON RANGES

ASX Announcement 14 March 2019 


Highlights

  • A ground-based gravity survey over Artemis’ Armada Project has now been completed and the data is being processed and integrated with the magnetic survey, by Southern Geoscience Consultants. 
  • Completed processing results are due for review in the coming week and will be reported as they come to hand. 
  • Artemis’ Armada Project covers an area of ~600km2 in the highly prospective Paterson Province of Western Australia, surrounding Greatland Gold Plc’s Havieron Project to the north, south and east (Figure 1). 
  • Artemis airborne magnetic surveying identified eight (8) compelling areas of interest within 22 km radius of Havieron (as announced on the 17th January 2019)1 
  • The Armada Project was granted on the 14th February 2019. 
  • Greatland Gold Plc on the 12th March 2019 announced a US$65m Farm-In Agreement (earning up to 75%) with Newcrest Operations Limited to advance Havieron. 2 
  • Artemis’s KZINTI target is directly along strike from Havieron and based on the magnetic survey the magnetic unit is ~1km long (as announced on the 17th January 2019). 3

Artemis Resources Limited (“Artemis” or “the Company”) (ASX: ARV, Frankfurt: ATY, US OTC: ARTTF) is pleased to provide this update on progress at the 100% owned 605 km2 Armada Project (EL 45/5276) within the highly prospective Proterozoic Paterson orogen, located approximately 40km east of the multi-million-ounce Telfer Gold-Copper mine, and contiguous to the Haverion gold and copper discovery (“Havieron”) by Greatland Gold Plc, in the East Pilbara region of Western Australia.


Ed Mead, Artemis’ Executive Director, commented;


“The deal signed by Greatland Gold on their Havieron gold copper discovery near Telfer, with Newcrest, is evidence of the potential and belief in this area. Rio Tinto have also announced the discovery of a large copper discovery at Winu. Both Haverion and Winu are quite extraordinary and provide a compelling argument for Artemis to progress this now granted Armada Project.


The latest ground-based gravity survey has been completed and will be integrated with airborne magnetic data captured by Artemis earlier this year. Artemis surrounds Havieron on three sides and right now we see this project as one of the most exciting in the Company’s extensive Pilbara tenement portfolio.


Artemis will consider the best way to advance the Armada Project once we receive all processed data.” 


OVERVIEW 

The recent ground-based gravity survey undertaken by rtemis has been completed and will now be integrated with the recently flown airborne magnetic survey. Data is being interpreted and is under final review by Artemis geophysical consultants Southern Geoscience. Southern Geoscience is processing and integrating the gravity data with the aim to define a number of targets for ranking and drill testing.


The airborne magnetic survey (as announced on the 17th January 2019) has identified eight (8) targets within a 22 km radius of Havieron with these targets arbitrarily ranked on magnetic signature/structural character (Figure 1). 4 


Figure 1: Artemis Aeromagnetic data, reduced to pole - 1 st vertical derivative merged with Greatland Gold Plc magnetic data. 

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PRESENTATION

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EXECUTIVE INSIGHTS

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ARTEMIS – PARTICIPATION IN EXECUTIVE INSIGHTS VIRTUAL CONFERENCE 

ASX Announcement 7 March 2019 


Artemis Resources Limited (“Artemis” or “the Company”) (ASX:ARV, Frankfurt: ATY, US OTCQB :ARTTF) is pleased to advise of its participation in the Executive Insights Virtual Conference, where Chief Executive Officer Wayne Bramwell will provide a company update.


The event will be held on Thursday 7 March @ 9am until 10.30am (Australian Western Standard Time) (12noon - 1:30pm Australian Eastern Summer Time) and is able to be viewed live over the internet.


Shareholders and other interested parties are invited to register for free for this event.


To access further details of event and to register (for FREE), please copy and paste the following link into your internet browser: https://webcasting.boardroom.media/broadcast/5c7470f4e92b631608a45d78 


Event format: 

  • Registered individuals will be e-mailed a link, which will enable them watch the conference live via the internet 
  • Viewers will be able to see the presentation and the presenter on their computer screen 
  • Each of four presenters will give a 15 – 20 minute presentation 
  • Viewers will be invited to ask questions during the presentation, to be facilitated by an MC, with presenters answering questions at the completion of their presentation 
  • A recorded copy of the event will be available on the Artemis web site 24 hours after the event.



Click here to view the full announcement

RESOURCE GROWS

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CARLOW CASTLE GOLD-COPPER-COBALT RESOURCE GROWS BY 71% TO 7.7Mt1 

ASX Announcement 6 March 2019 


Inferred resource of 7.7Mt @ 1.06 g/t Au, 0.51% Cu and 0.08% Co for 260k Oz Au, 38kt Cu and 5,900t of Co


Artemis Resources Limited (“Artemis” or “the Company”) (ASX:ARV, Frankfurt: ATY, US OTCQB :ARTTF) is pleased to announce a significant increase in the Mineral Resources reported in accordance with the JORC Code (2012) at its 100% owned Carlow Castle Project (EL 47/1797) in the West Pilbara region of Western Australia.


Since the previous resource announcement for Carlow Castle (19 January 2018), Artemis have completed additional drilling that added to the resources, mainly in previously undrilled sections along strike and near the central area of the Carlow Castle line. In total 12 diamond drill holes for 1,504.6 m and 108 Reverse Circulation (RC) drill holes for 15,882 m were drilled since the previous announcement. 


A summary of the Carlow resource estimate is tabulated below (Table 1). The entire resource is classified as Inferred Mineral Resources totalling 7.7M tonnes at 1.06 g/t Au, 0.51% Cu and 0.08% Co. The resource is reported for material using a lower cut off grade of 0.3g/t Au. High grades have been capped (top cut) for gold, copper and cobalt. The top cut varies dependent on the grade domain, these values are tabulated in Table 4.


Table 1 Carlow Castle Inferred Resource – February 2019 @ a 0.3 g/t Au lower grade cut-off. 

Artemis Chief Executive Officer Wayne Bramwell commented; 

“The 2018 Carlow Castle Au-Cu-Co drilling programme has significantly increased the inferred resource to 7.7Mt. The growth in tonnage, in conjunction with our preliminary metallurgical programme confirming Carlow Castle’s amenability to low cost processing technology now builds a platform to advance Carlow Castle in a systematic manner. 


The next round of diamond drilling will focus on improving the structural understanding of the resource and better inform proposed extensional drilling.” 


CARLOW CASTLE Au-Cu-Co PROJECT RESOURCE SUMMARY 


The Carlow Castle Au-Cu-Co Project is in the West Pilbara region of Western Australia, ≈45 km by road east of the city of Karratha (Figure 1). Access is via the Northwest Coastal Highway and then by the unsealed Cheratta road which passes through the Project area. Carlow Castle is on the granted exploration license E47/1797 held by KML No 2 Pty Ltd, a 100% owned subsidiary of Artemis Resources and is ≈35 km from Artemis’ 100% owned Radio Hill Processing Plant.


Figure 1: Carlow Castle Project Location Map. 


Artemis recently completed reverse circulation drill (RC) aimed at expanding the known resource along strike, infilling the drill pattern to 40 m by 20 m and testing depth extent of the ore zones. A total of 189 RC drill holes and 12 diamond drill holes for 24,754.6 m has been completed by Artemis since March 2017. Additional historical drilling (mainly RC) was completed by others and as this is not to JORC 2012 standard, has not been included in the current estimate.


Click here to view the full announcement

INTERVIEWS

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