RNS Number : 7523V
Artemis Resources Limited
10 July 2024
 

10 July 2024

 

Artemis Resources Limited

 

("Artemis" or the "Company")

 

Result of General Meeting

 

SOIL ASSAY RESULTS CONFIRM INCREASED LITHIUM MINERALISED ZONE AT OSBORNE JV PROJECT

LULU CREEK & MT MARIE HERITAGE CLEARANCES COMPLETED

_______________________________________________________________________________

Highlights

·    Osborne JV (ARV:49% - GRE:51%) pegmatite cluster defined by large lithium soil footprint with peak assays of 300 - 712ppm Li2O

·    Heritage clearance at Mt Marie and Lulu Creek completed on time and budget

 

 

Artemis Resources Limited ('Artemis' or the 'Company') (ASX/AIM: ARV) is pleased to provide results from a recent soil sampling program which aimed to build upon previously identified and recorded rock chips at the Osborne JV project.

 

Executive Director George Ventouras commented: "These soil results continue to demonstrate the high-grade nature of the mineralisation across the Osborne South trends. As this is the area where we received high grade Li2O assay results, it is especially pleasing that we continue to record high value results which could point to a large envelope of lithium resources.

Additionally, we are pleased that the heritage survey at Mt Marie and Lulu Creek has been completed on time and budget and we are looking forward to receiving the written report which will open the pathway towards drilling at both prospects."

 

 

Figure 1. Artemis Resources and neighbouring west Pilbara tenements

 

Follow up Soil Program

The follow-up in-fill soil program comprised a total 916 samples and was focused on the southern portion of the Osborne JV tenement. Regional exploration to date has highlighted the effectiveness of soil sampling in identifying both poorly exposed and non-outcropping lithium pegmatites. Recent examples include TG Metals where high level of Li2O in soils has pointed to lithium bearing pegmatites subsurface upon drilling.

A map of a forest Description automatically generated with medium confidence

 Figure 2: Osborne Lithium Pegmatite and Soil trends

 

The Osborne pegmatite zone is defined by a large associated anomalous lithium soil footprint which has a strike of ~4km and a width of up to 1.3km. The anomalous footprint eclipses the size of the observed pegmatite outcrop and indicates there is potentially more to be discovered at Osborne. The soils report a peak assay of 712ppm Li2O and with numerous Li2O assays greater than 300ppm. This in-fill sampling was undertaken on a 50m x 200m sampling grid.

What is interesting to note is that the peak soil assays are not aligned with the mapped outcropping pegmatite occurrences (figure 4) and appears not to be related to topographical effects which may suggest increased mineralisation from that previously considered present.

A map of a project Description automatically generated

Figure 3: Osborne Lithium Soil Footprint


Figure 4: Lithium Soil Footprint Associated with Osborne Pegmatite Cluster

 

Heritage Clearance

As previously reported on 2 July 2024, a heritage clearance survey was scheduled and has since been completed. This survey covered prospective drilling areas at both the Mt Marie lithium prospect and the Lulu Creek gold prospect.

A map of the geothermal area Description automatically generated with medium confidence

Figure 5: Mt Marie Lithium Prospect

 

The Mt Marie lithium prospect is one of high-grade with rock chip results taken previously peaking at 4.67% Li2O with multiple additional results above 4% Li2O.

 

Figure 6: Mt Marie Lithium Prospect with latest rock chip results

 

 

 

 

At Lulu Creek, previous drilling to shallow depths returned 1m @ 4.89 g/t Au and 13.7 g/t Ag from 24m and 1m @ 1.15 g/t Au from 9m. The Lulu Creek project is also a beneficiary to a co-funded drilling grant from the government.

 

Figure 7: Lulu Creek Gold Prospect in the north west of the tenement with all other Company gold prospects across the West Pilbara

 

Next steps

With the receipt of this information and confirmation of the mineralised areas, the Company considers that the lithium soil trends are now sufficiently defined to allow initial drill testing of the higher-grade zones aimed at identifying associated pegmatite bodies. While some lithium soil trends have been partially cleared by previous heritage surveys, additional surveys will be planned to ensure all targeted areas are covered.

The Company will also begin discussions with appropriate drilling companies in preparation for drilling at both the Lulu Creek and Mt Marie prospects.

This announcement was approved for release by the Board.

For Further information contact:

Artemis Resources Ltd


Guy Robertson, Chairman

George Ventouras, Executive Director

info@artemisresources.com.au

 



WH Ireland Limited (Nomad & Broker)


Antonio Bossi / James Bavister / Isaac Hooper

 Tel:  +44 20 7220 1666

 

info@artemisresources.com.au

About Artemis Resources

Artemis Resources (ASX/AIM: ARV; FRA: ATY; US: ARTTF) is a gold, copper and lithium focused resources company with projects in Western Australia. The Mt Marie Lithium Prospect, the Osborne Lithium JV (Artemis 49%; GreenTech Metals (ASX:GRE) 51%) and the Carlow Castle gold-copper-cobalt project in the West Pilbara; and the Paterson Central Gold/Copper project in the Paterson Province (located adjacent to Greatland Gold / Newmont's recent gold-copper discovery at Havieron and only ~42km from the Newmont Telfer gold mine).

Artemis also owns the Radio Hill processing plant, located only 35km from Karratha

 

Competent Person Statement

Adrian Hell, BSc (Hons), an advisor and consultant to the Company, is a Member of the AUSIMM, and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration to qualify as a Competent Person as defined in the 2012 edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Adrian Hell consents to the inclusion in the report of the information in the form and context in which it appears.

No New Information

To the extent that this announcement contains references to prior exploration results and Mineral Resource Estimates for the Carlow Gold/Copper Project which have been cross referenced to previous market announcements made by the Company, unless explicitly stated, no new information is contained. The Company confirms that it is not aware of any new information or data that materially affects the information included in the relevant market announcements and, in the case of estimates of Mineral Resources, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed.

 

 

ASX announcements referred to in this release;

Greentech Metals Ltd, 5 September 2023

Artemis Resources Ltd, 18 September 2020

TG Metals Ltd, 4 October 2022


TG Metals Ltd, 30 October 2023

Artemis Resources Ltd, 2 July 2024


Artemis Resources Ltd, 5 February 2024


Artemis Resources Ltd, 9 May 2024

 

 

 

 

 

Table 1: Sample Assays with Li2O > 100ppm

Sample Id

Tenement

Easting

Northing

Lippm

Li20_ppm

Csppm

Nbppm

Rbppm

Snppm

Tappm

24GT02-010

E 47/3719

491399

7691801

51.5

110.88

4.67

6.98

59.1

1.14

0.72

24GT02-011

E 47/3719

491399

7691748

54.3

116.91

3.52

5.49

46

0.95

0.54

24GT02-014

E 47/3719

491404

7691598

54.9

118.20

4.21

6.91

69

1.55

0.66

24GT02-015

E 47/3719

491396

7691551

61.4

132.19

4.56

8.81

77.2

1.84

0.78

24GT02-016

E 47/3719

491399

7691500

48.2

103.77

3.97

7.89

78.7

1.72

0.69

24GT02-028

E 47/3719

491397

7690899

52.1

112.17

5.08

13

105

2.12

1.08

24GT02-029

E 47/3719

491404

7690850

48.7

104.85

6.91

12.9

127.5

2.44

1.06

24GT02-030

E 47/3719

491400

7690800

87.5

188.39

8.85

12.1

114

2.45

1.67

24GT02-038

E 47/3719

491603

7691901

55.2

118.85

8.48

4.79

36.6

0.97

0.47

24GT02-042

E 47/3719

491599

7691699

47.4

102.05

4.07

7.59

55.2

1.28

0.74

24GT02-043

E 47/3719

491599

7691649

65.5

141.02

4.94

8.72

73.7

1.62

0.89

24GT02-044

E 47/3719

491596

7691605

53.5

115.19

10.1

8.67

125

1.7

0.75

24GT02-045

E 47/3719

491596

7691560

46.9

100.98

4.75

8.83

87.2

2.04

0.87

24GT02-047

E 47/3719

491599

7691449

47

101.19

4.99

8.01

88.6

1.62

0.72

24GT02-051

E 47/3719

491599

7691249

51

109.80

4.4

9.18

86.9

1.38

0.69

24GT02-052

E 47/3719

491599

7691199

53.5

115.19

5.16

12.2

98.5

1.82

1.52

24GT02-054

E 47/3719

491599

7691106

48.5

104.42

7.65

12.2

106.5

3.43

1.12

24GT02-055

E 47/3719

491599

7691049

49.4

106.36

7.79

12.7

144

2.1

1.4

24GT02-056

E 47/3719

491599

7690999

74.9

161.26

7.64

7.56

139

1.58

0.85

24GT02-071

E 47/3719

491800

7691798

57.8

124.44

5.28

3.51

45.5

0.68

0.3

24GT02-076

E 47/3719

491799

7691557

54.1

116.48

3.87

8.5

62.1

1.42

0.76

24GT02-078

E 47/3719

491802

7691449

49.9

107.43

4.06

9.58

72.8

1.56

0.94

24GT02-083

E 47/3719

491799

7691199

58.4

125.74

5.4

9.38

92.9

1.68

0.91

24GT02-084

E 47/3719

491797

7691149

75.2

161.91

6.35

10.6

123.5

2.26

1.56

24GT02-085

E 47/3719

491797

7691092

112

241.14

11.8

13.05

227

2.88

2.12

24GT02-104

E 47/3719

491997

7691696

69

148.56

4.26

8.31

82.2

1.48

0.75

24GT02-107

E 47/3719

492005

7691554

59.1

127.24

4.48

8.43

75.6

1.54

0.75

24GT02-108

E 47/3719

491999

7691495

65

139.95

4.15

8.15

71.3

1.51

0.66

24GT02-110

E 47/3719

491999

7691399

50.6

108.94

4.16

8.11

79

1.63

0.94

24GT02-111

E 47/3719

492000

7691348

55.4

119.28

5.07

7.95

100.5

1.53

1.02

24GT02-112

E 47/3719

491999

7691297

54.1

116.48

7.99

10.75

153

2.07

1.44

24GT02-113

E 47/3719

491996

7691253

63

135.64

4.55

9.97

87.4

2.99

2.52

24GT02-114

E 47/3719

492000

7691197

79.4

170.95

4.71

8.97

97.1

1.92

1.29

24GT02-115

E 47/3719

491993

7691152

82.8

178.27

5.83

20.3

137

2.51

5.49

24GT02-122

E 47/3719

491996

7690793

88.3

190.11

4.47

9.32

131

2.43

1.35

24GT02-133

E 47/3719

492203

7691797

60.9

131.12

4.06

5.12

46.5

0.92

0.56

24GT02-137

E 47/3719

492199

7691599

51.1

110.02

4.86

8.17

88.4

1.6

0.85

24GT02-139

E 47/3719

492199

7691499

47

101.19

6.16

9.05

85.8

1.76

1.2

24GT02-141

E 47/3719

492199

7691399

53.2

114.54

5.31

8

87.1

1.72

0.78

24GT02-143

E 47/3719

492199

7691299

59.6

128.32

3.38

6.29

51.4

1.09

0.69

24GT02-145

E 47/3719

492198

7691202

63.6

136.93

4.6

13.95

115

1.97

4.44

24GT02-146

E 47/3719

492199

7691149

56.8

122.29

6.03

12.65

142

2.74

2.26

24GT02-147

E 47/3719

492199

7691099

54.3

116.91

13.55

14.15

255

3.53

6.51

24GT02-152

E 47/3719

492208

7690850

88.1

189.68

21.9

15.1

94.6

1.87

1.5

24GT02-153

E 47/3719

492200

7690794

73.8

158.89

7.17

12.25

145

5.88

2.76

24GT02-162

E 47/3719

492399

7691899

52

111.96

6.88

7.75

46.4

1.15

1.25

24GT02-167

E 47/3719

492401

7691650

57.3

123.37

4.86

8.43

75.6

1.53

0.75

24GT02-168

E 47/3719

492400

7691597

55.8

120.14

6.19

6.69

56.9

1.12

0.65

24GT02-169

E 47/3719

492399

7691549

78.9

169.87

3.6

8.38

53.8

1.41

0.88

24GT02-170

E 47/3719

492399

7691499

59.9

128.96

2.97

5.37

34.4

0.82

0.55

24GT02-172

E 47/3719

492398

7691399

98.7

212.50

5.98

6.92

57.7

1.46

1

24GT02-173

E 47/3719

492399

7691349

177

381.08

5.88

4.37

81.4

1.04

1.06

24GT02-174

E 47/3719

492398

7691297

214

460.74

13

33.2

586

7.28

16.65

24GT02-175

E 47/3719

492399

7691249

112.5

242.21

6.83

13.3

124

4.05

4.79

24GT02-176

E 47/3719

492399

7691199

67.8

145.97

8.16

13.95

163

3.88

3.15

24GT02-177

E 47/3719

492399

7691149

89.1

191.83

12.3

11.05

96.2

2.13

2.03

24GT02-178

E 47/3719

492399

7691099

78.1

168.15

9.3

11.1

89

1.87

1.8

24GT02-182

E 47/3719

492399

7690899

55.8

120.14

5.06

8.74

153.5

2.02

1.64

24GT02-191

E 47/3719

492595

7692051

50.6

108.94

5.08

9.35

57.3

1.24

0.88

24GT02-192

E 47/3719

492599

7691999

57

122.72

5.44

10.15

85.4

1.63

0.91

24GT02-193

E 47/3719

492600

7691955

52.7

113.46

4.3

8.05

71.2

1.34

0.66

24GT02-194

E 47/3719

492599

7691899

55.4

119.28

4.01

5.27

36.8

1.17

0.48

24GT02-195

E 47/3719

492599

7691849

53.1

114.32

4.02

6.59

49.4

1.05

0.64

24GT02-196

E 47/3719

492596

7691797

75.1

161.69

4.33

6.63

70.6

1.16

0.65

24GT02-200

E 47/3719

492599

7691599

94

202.38

3.6

8.12

67.5

1.1

1.13

24GT02-202

E 47/3719

492599

7691496

95.5

205.61

17.75

10.75

89.7

1.71

1.14

24GT02-203

E 47/3719

492600

7691447

73.8

158.89

4.56

9

70.1

1.94

0.76

24GT02-204

E 47/3719

492599

7691399

146.5

315.41

6.53

5.63

119.5

2.64

1.44

24GT02-205

E 47/3719

492599

7691348

105

226.07

4.96

6.03

69.2

1.07

1.55

24GT02-206

E 47/3719

492601

7691300

158.5

341.25

6.78

5.4

101

1.37

1.32

24GT02-208

E 47/3719

492598

7691200

67

144.25

17.35

8.95

97.2

1.8

2.11

24GT02-209

E 47/3719

492600

7691149

129.5

278.81

16.2

5.83

67.3

1.32

0.78

24GT02-210

E 47/3719

492598

7691098

138.5

298.19

12.45

27.4

360

5.23

13.9

24GT02-211

E 47/3719

492602

7691050

92.6

199.37

13.3

16.55

258

3.66

4.79

24GT02-212

E 47/3719

492599

7690998

88

189.46

14.3

17.75

281

3.9

5.74

24GT02-222

E 47/3719

492800

7692102

47.7

102.70

4.42

4.11

45

0.73

0.37

24GT02-225

E 47/3719

492799

7691950

46.9

100.98

3.89

5.96

41.7

1.05

0.5

24GT02-232

E 47/3719

492800

7691600

66.5

143.17

5.46

9.29

92.7

2.6

1.34

24GT02-233

E 47/3719

492803

7691551

56.1

120.78

6.25

11.35

106

2.08

1.1

24GT02-234

E 47/3719

492800

7691500

61.2

131.76

3.93

9.92

85.9

2.08

1

24GT02-235

E 47/3719

492800

7691450

127.5

274.51

5.41

6.49

97.9

2.11

5.33

24GT02-236

E 47/3719

492800

7691400

56.4

121.43

3.78

7.43

43.7

1.87

2.87

24GT02-237

E 47/3719

492800

7691350

71.3

153.51

5.86

7.13

48.5

1.86

6.84

24GT02-238

E 47/3719

492800

7691300

187.5

403.69

22.9

4.83

49.1

1.92

1.12

24GT02-239

E 47/3719

492800

7691250

140

301.42

20.3

3.95

36.4

1.15

0.4

24GT02-240

E 47/3719

492800

7691200

138

297.11

7.45

10.05

72.2

2.84

2.11

24GT02-241

E 47/3719

492800

7691150

97.5

209.92

5.36

8.2

87.6

2.41

0.83

24GT02-242

E 47/3719

492800

7691100

273

587.77

24

4.93

111

2.42

1.16

24GT02-243

E 47/3719

492800

7691050

130

279.89

24.6

11.25

187

3.41

2.59

24GT02-244

E 47/3719

492800

7691000

116

249.75

10.25

13.25

149

2.86

4.47

24GT02-245

E 47/3719

492800

7690950

75.3

162.12

8.12

12.2

183

2.7

3.22

24GT02-246

E 47/3719

492800

7690900

69.6

149.85

7.69

24.8

174.5

2.86

9.3

24GT02-247

E 47/3719

492800

7690850

47.8

102.91

9.42

13

229

2.5

3.47

24GT02-260

E 47/3719

492996

7691798

56.3

121.21

4.62

5.19

46.9

1.36

0.78

24GT02-261

E 47/3719

493000

7691748

134

288.50

5.43

5.37

95.2

1.64

0.81

24GT02-262

E 47/3719

493000

7691703

158

340.17

7.41

6.04

137

2.12

4.49

24GT02-263

E 47/3719

493002

7691654

112

241.14

5.94

10

108.5

3.33

1.69

24GT02-264

E 47/3719

493001

7691607

119.5

257.28

7.37

8.87

123.5

3.25

2.2

24GT02-265

E 47/3719

492997

7691553

104.5

224.99

5.57

8.89

98.4

4.42

1.09

24GT02-266

E 47/3719

493003

7691500

47.7

102.70

6.48

7.32

50.8

1.5

0.76

24GT02-267

E 47/3719

493001

7691453

117.5

252.98

31

6.42

91.3

1.96

3.27

24GT02-268

E 47/3719

492999

7691402

102.5

220.68

11

11.2

90.1

2.52

1.14

24GT02-269

E 47/3719

493000

7691349

105

226.07

6.19

8.48

90.4

2.15

1.31

24GT02-270

E 47/3719

493001

7691297

79.9

172.02

8.13

9

89.8

2.34

1.74

24GT02-271

E 47/3719

493000

7691250

71.3

153.51

6.79

6.96

79.6

1.82

1.42

24GT02-272

E 47/3719

493000

7691202

331

712.64

7.47

4.82

170

1.36

0.51

24GT02-275

E 47/3719

492998

7691049

132

284.20

14.15

9.32

121.5

6.1

1.28

24GT02-276

E 47/3719

492998

7691002

70.8

152.43

8.85

20.2

124

4.28

13.2

24GT02-277

E 47/3719

493002

7690948

91.7

197.43

11.1

15.45

202

3.73

6.96

24GT02-278

E 47/3719

492999

7690900

68.5

147.48

10.85

17.05

166.5

3.84

7.36

24GT02-280

E 47/3719

493006

7690801

47.2

101.62

6.77

11.75

228

2.79

2.74

24GT02-288

E 47/3719

493202

7692058

60.4

130.04

2.91

7.68

21

1.04

0.79

24GT02-292

E 47/3719

493200

7691850

58.6

126.17

6.32

9.78

83.6

1.96

5.71

24GT02-293

E 47/3719

493201

7691799

80.8

173.96

5.32

7.95

109

2.05

2.46

24GT02-294

E 47/3719

493199

7691752

111.5

240.06

8.64

9.97

149.5

4.83

3.34

24GT02-295

E 47/3719

493200

7691701

107

230.37

7.9

13.05

168.5

3.42

4.25

24GT02-296

E 47/3719

493198

7691649

104

223.91

11.7

16.3

274

6.81

27.3

24GT02-297

E 47/3719

493200

7691600

72.5

156.09

7.57

7.72

58.8

1.86

2.78

24GT02-298

E 47/3719

493198

7691552

127.5

274.51

16.6

7.92

82.9

3.32

1.78

24GT02-299

E 47/3719

493200

7691500

97.8

210.56

9.77

11.55

69.9

2.41

1.51

24GT02-300

E 47/3719

493200

7691447

90.1

193.99

9.36

11.25

66.5

2.01

1.72

24GT02-301

E 47/3719

493200

7691400

113

243.29

4.62

8.79

54.2

1.46

2.78

24GT02-302

E 47/3719

493200

7691350

99.3

213.79

33.4

8.55

60

1.74

1.82

24GT02-303

E 47/3719

493200

7691300

84.8

182.57

16.1

9.48

114

2.94

3.13

24GT02-304

E 47/3719

493200

7691250

266

572.70

7.88

6.17

140

1.37

1.33

24GT02-305

E 47/3719

493200

7691199

313

673.89

7.54

4.73

146.5

2.19

0.65

24GT02-306

E 47/3719

493200

7691150

151.5

326.18

13.7

15.65

137.5

4.52

11.7

24GT02-307

E 47/3719

493200

7691098

101.5

218.53

40

42.4

329

10.5

41.1

24GT02-308

E 47/3719

493200

7691050

131

282.04

44

10.5

251

3.56

3.59

24GT02-309

E 47/3719

493200

7691000

145

312.19

14.4

14.45

143

3.79

8.39

24GT02-310

E 47/3719

493199

7690950

72.5

156.09

7.55

16.6

152.5

2.66

4.48

24GT02-331

E 47/3719

493200

7689900

132.5

285.27

4.57

10.2

193.5

2.69

1.51

24GT02-333

E 47/3719

493200

7689800

55.6

119.71

3.95

7.63

102

1.98

0.86

24GT02-338

E 47/3719

493399

7692249

51.3

110.45

3.65

4.96

42.9

0.87

0.43

24GT02-340

E 47/3719

493399

7692149

51.7

111.31

3.19

4.02

34.2

0.81

0.37

24GT02-342

E 47/3719

493399

7692049

59.2

127.46

6.5

6.2

65.9

1.21

0.71

24GT02-343

E 47/3719

493399

7691999

52.5

113.03

8.48

7.17

52.1

1.1

0.89

24GT02-344

E 47/3719

493399

7691949

52.5

113.03

12.15

7.36

60.3

1.54

6.28

24GT02-347

E 47/3719

493399

7691799

83.5

179.78

5.78

8.89

94.7

2.07

1.85

24GT02-348

E 47/3719

493399

7691749

101.5

218.53

6.76

9.62

158.5

2.27

2.24

24GT02-349

E 47/3719

493399

7691699

97.3

209.49

8.18

10

168.5

3.05

1.9

24GT02-350

E 47/3719

493399

7691649

79

170.09

7.56

12.05

144.5

2.95

7.51

24GT02-351

E 47/3719

493399

7691599

101.5

218.53

7.96

21.4

92.2

2.94

14.45

24GT02-352

E 47/3719

493399

7691549

64.3

138.44

7.34

11.7

116

2.15

4.02

24GT02-353

E 47/3719

493399

7691499

73.1

157.38

8.69

10.2

88.9

1.9

1.87

24GT02-355

E 47/3719

493399

7691399

78.2

168.36

7.58

10.8

84.7

1.78

6.92

24GT02-356

E 47/3719

493399

7691349

103

221.76

9.24

9.46

92.4

2.16

3.11

24GT02-357

E 47/3719

493399

7691299

79.1

170.30

6.54

10.7

87.3

1.36

3.08

24GT02-358

E 47/3719

493399

7691249

64.3

138.44

5.12

9.29

63.5

1.28

0.9

24GT02-359

E 47/3719

493399

7691199

124.5

268.05

6.45

5.57

74.3

0.99

0.75

24GT02-360

E 47/3719

493399

7691149

100.5

216.38

5.79

4.66

62.6

1

0.64

24GT02-361

E 47/3719

493399

7691099

137.5

296.04

5.75

4.4

91.1

0.87

0.58

24GT02-362

E 47/3719

493399

7691049

105.5

227.14

8.24

9.05

81

2.22

1.8

24GT02-363

E 47/3719

493399

7690999

90.6

195.06

7.36

11.4

106.5

2.21

1.5

24GT02-364

E 47/3719

493399

7690949

173

372.47

10.7

7.72

200

2.64

1.75

24GT02-365

E 47/3719

493399

7690899

48.8

105.07

8.57

10.6

228

2.21

2.08

24GT02-377

E 47/3719

493396

7690300

72.4

155.88

20.2

16.4

518

4.46

1.76

24GT02-378

E 47/3719

493399

7690249

72.3

155.66

6.76

14.5

252

3.04

1.61

24GT02-379

E 47/3719

493399

7690199

56.4

121.43

5.78

12.4

194

2.18

1.26

24GT02-383

E 47/3719

493399

7689999

47

101.19

4.33

15.3

150

3.97

3.04

24GT02-384

E 47/3719

493399

7689949

49.2

105.93

5.49

13.6

214

3.76

2.71

24GT02-387

E 47/3719

493399

7689799

51.9

111.74

4.17

9.42

147.5

3.16

2.14

24GT02-401

E 47/3719

493599

7691799

68.6

147.70

5.54

8.82

72.6

2.3

1.8

24GT02-402

E 47/3719

493599

7691749

51.4

110.66

4.83

12.4

77.4

3.05

2.04

24GT02-404

E 47/3719

493599

7691649

63

135.64

6.55

11

129

3.38

6.6

24GT02-405

E 47/3719

493599

7691599

53.5

115.19

6.46

11.25

94.6

1.82

3.18

24GT02-406

E 47/3719

493599

7691549

55.1

118.63

10.3

12

100.5

2.03

3.29

24GT02-407

E 47/3719

493599

7691499

60.6

130.47

6.41

10.8

115.5

2.29

5.77

24GT02-408

E 47/3719

493599

7691449

89.2

192.05

10.45

10.25

95.1

2.02

3.06

24GT02-409

E 47/3719

493599

7691399

67.9

146.19

8.84

8.52

81.8

1.38

2.9

24GT02-412

E 47/3719

493599

7691249

55

118.42

5.41

10.2

61.2

1.21

0.85

24GT02-413

E 47/3719

493599

7691199

86

185.16

5.95

8.7

73.7

0.88

1.35

24GT02-414

E 47/3719

493599

7691149

81.2

174.82

4.83

4.53

60

0.96

0.86

24GT02-415

E 47/3719

493599

7691099

84.5

181.93

4.29

4.54

52.9

0.95

0.77

24GT02-416

E 47/3719

493599

7691049

93.9

202.17

5.7

3.37

58.7

0.69

0.42

24GT02-417

E 47/3719

493599

7690999

103.5

222.84

6.29

3.29

101

0.87

0.38

24GT02-418

E 47/3719

493599

7690949

60.5

130.26

8.96

10.35

90.1

1.87

1.1

24GT02-419

E 47/3719

493599

7690899

73.5

158.25

7.77

11.8

126.5

2.87

1.97

24GT02-420

E 47/3719

493597

7690852

57.4

123.58

6.53

13.4

107

2.04

3.31

24GT02-421

E 47/3719

493602

7690803

55.7

119.92

11.7

17.4

275

4.54

3.47

24GT02-434

E 47/3719

493599

7690149

62.4

134.35

5.19

11.45

178.5

2.46

1.47

24GT02-456

E 47/3719

493799

7691799

51.2

110.23

59.3

9.26

113

1.26

1.12

24GT02-457

E 47/3719

493799

7691749

55.8

120.14

9.15

9.6

44.9

1.74

1.08

24GT02-458

E 47/3719

493799

7691699

68.6

147.70

6.46

11.15

77.6

2.17

2.65

24GT02-460

E 47/3719

493799

7691599

85.4

183.87

20.9

7.94

94.6

1.72

1.44

24GT02-461

E 47/3719

493797

7691556

71.5

153.94

7.19

22.1

112

3.2

30.6

24GT02-462

E 47/3719

493799

7691499

56.3

121.21

7.51

6.98

62.4

1.24

0.73

24GT02-463

E 47/3719

493799

7691449

59.5

128.10

12.6

7.11

72.9

1.28

0.85

24GT02-464

E 47/3719

493799

7691399

52.4

112.82

5.52

6.79

67.7

1.22

0.84

24GT02-465

E 47/3719

493799

7691349

48.8

105.07

5.09

7.63

66.6

1.04

1.12

24GT02-466

E 47/3719

493799

7691299

51.8

111.53

4.86

8.46

55.8

1.4

0.88

24GT02-467

E 47/3719

493798

7691258

85.7

184.51

4.88

4.69

50.6

1.14

0.51

24GT02-468

E 47/3719

493799

7691199

71.9

154.80

7.09

5.42

77.8

0.89

0.67

24GT02-469

E 47/3719

493799

7691149

90.2

194.20

5.51

4.21

55.3

0.86

0.55

24GT02-470

E 47/3719

493799

7691099

88.1

189.68

6.86

5.84

70.2

1

0.72

24GT02-472

E 47/3719

493799

7690999

49.8

107.22

5.09

9.96

93.8

1.75

1.51

24GT02-473

E 47/3719

493799

7690949

58.1

125.09

4.24

10.7

82.7

2.83

0.99

24GT02-474

E 47/3719

493799

7690899

94.8

204.10

5.64

9.25

126

3.18

0.88

24GT02-475

E 47/3719

493799

7690849

69.6

149.85

6.47

11.7

122

2.8

3.06

24GT02-487

E 47/3719

493799

7690249

62

133.49

4.19

12.5

183

3.58

3.18

24GT02-489

E 47/3719

493799

7690149

83

178.70

5.43

9.17

198.5

2.9

1.69

24GT02-490

E 47/3719

493799

7690099

50.5

108.73

3.28

8.85

90.9

2.42

1.02

24GT02-491

E 47/3719

493799

7690049

84.8

182.57

5.5

9.4

112

2.63

1.96

24GT02-503

E 47/3719

493999

7692199

56.3

121.21

4.12

6.46

70.6

1.29

0.71

24GT02-506

E 47/3719

493999

7692049

58.7

126.38

4.22

4.83

33.7

1.02

0.78

24GT02-507

E 47/3719

493999

7691999

51.7

111.31

5.4

5.02

34.7

0.86

0.44

24GT02-512

E 47/3719

493999

7691749

50.8

109.37

9.26

10.9

76.1

1.61

2.35

24GT02-513

E 47/3719

493992

7691700

82

176.55

8.93

12

93.8

2.49

8.25

24GT02-514

E 47/3719

493999

7691649

53.8

115.83

6.36

10.3

92.1

3.69

1.89

24GT02-515

E 47/3719

493999

7691599

68.6

147.70

11.55

10.05

92.2

3.3

2.16

24GT02-516

E 47/3719

493999

7691549

56.4

121.43

8.01

5.75

42.4

1.28

0.9

24GT02-517

E 47/3719

493999

7691499

92.8

199.80

6.16

6.02

75.6

1.09

0.8

24GT02-518

E 47/3719

493999

7691449

65.6

141.24

26.3

11.9

86.6

1.44

0.98

24GT02-519

E 47/3719

493999

7691399

49.4

106.36

12.45

10.55

104.5

1.34

1.11

24GT02-520

E 47/3719

493997

7691349

47.3

101.84

4.78

7.32

64.4

0.94

0.73

24GT02-522

E 47/3719

493999

7691249

52.3

112.60

6.62

7.7

65.7

1.15

0.64

24GT02-523

E 47/3719

493999

7691199

62.8

135.21

6.38

8.01

63.2

1.16

0.7

24GT02-527

E 47/3719

493999

7690999

61.4

132.19

5.74

10.45

82.7

1.8

1.71

24GT02-529

E 47/3719

493999

7690899

79.6

171.38

6.64

12.4

88.7

2.35

2.09

24GT02-530

E 47/3719

493999

7690849

59.2

127.46

6.13

11.5

165.5

2.98

4.02

24GT02-557

E 47/3719

494199

7692249

55.6

119.71

3.96

5.79

39.9

1.31

0.6

24GT02-560

E 47/3719

494201

7692103

47.3

101.84

4.73

7.51

48.5

1.17

2.89

24GT02-565

E 47/3719

494195

7691860

52.1

112.17

11.1

8.68

72.5

1.87

7.7

24GT02-567

E 47/3719

494199

7691758

52.6

113.25

6

6.6

65.4

1.27

1.32

24GT02-568

E 47/3719

494195

7691699

66.5

143.17

5.51

8.02

96.1

1.72

1.5

24GT02-569

E 47/3719

494193

7691644

104.5

224.99

8.37

10.1

135.5

2.91

3.65

24GT02-570

E 47/3719

494199

7691599

67.5

145.33

6.53

9.18

128

2.63

2.81

24GT02-571

E 47/3719

494199

7691544

113

243.29

12.35

5.91

55.1

1.47

1.03

24GT02-572

E 47/3719

494191

7691496

208

447.82

159

5.87

198.5

3.61

0.58

24GT02-573

E 47/3719

494199

7691452

122

262.67

13.3

6.06

41.1

1.34

0.86

24GT02-574

E 47/3719

494201

7691399

72.8

156.74

5.69

6.28

54.6

1.49

0.84

24GT02-575

E 47/3719

494195

7691355

112.5

242.21

5.06

6.61

62.2

1.76

1.03

24GT02-576

E 47/3719

494191

7691306

59.4

127.89

6.44

8.5

82.9

1.6

1.34

24GT02-579

E 47/3719

494206

7691147

77.2

166.21

7.08

9.61

129.5

1.5

1.2

24GT02-580

E 47/3719

494203

7691104

96.1

206.90

4.88

8.35

76.4

1.63

0.76

24GT02-584

E 47/3719

494200

7690897

51.1

110.02

6.77

22.5

169

4.6

3.02

24GT02-586

E 47/3719

494201

7690798

46.6

100.33

8.97

12.3

203

3.67

1.7

24GT02-601

E 47/3719

494198

7690047

49.3

106.14

3.08

11.8

100

4.18

1.76

24GT02-602

E 47/3719

494197

7689997

53.9

116.05

4.04

18.85

181

8.44

5.64

24GT02-622

E 47/3719

494399

7691749

54.4

117.12

5.52

7.37

72.6

1.42

0.68

24GT02-624

E 47/3719

494399

7691649

63

135.64

6.48

8.39

103

1.43

1.84

24GT02-625

E 47/3719

494399

7691599

83.3

179.34

8.72

7.68

79.4

1.32

2.12

24GT02-626

E 47/3719

494401

7691552

113.5

244.37

6.18

6.42

66.5

1.15

0.58

24GT02-627

E 47/3719

494399

7691499

83.5

179.78

5.29

8.06

64.5

1.81

0.79

24GT02-628

E 47/3719

494399

7691449

157

338.02

4.39

5.3

54.1

0.9

0.46

24GT02-630

E 47/3719

494399

7691349

86.3

185.80

6.19

6.59

87.1

1.4

0.62

24GT02-635

E 47/3719

494396

7691103

46.5

100.11

5.05

12.25

223

3.16

1.22

24GT02-681

E 47/3719

494596

7691596

47.2

101.62

3.79

6.94

80.8

1.29

1.06

24GT02-693

E 47/3719

494599

7690999

47

101.19

5.07

21.3

68.1

2.53

1.53

24GT02-715

E 47/3719

494599

7689899

61.3

131.98

5.62

9.01

115

2.27

1.74

24GT02-735

E 47/3719

494800

7691697

71.4

153.72

6.69

5.13

84.3

1.85

0.57

24GT02-736

E 47/3719

494801

7691649

70.1

150.93

7.13

6.91

66.7

2.48

0.78

24GT02-737

E 47/3719

494799

7691598

57.3

123.37

3.91

6.24

57.4

2.01

0.87

24GT02-738

E 47/3719

494798

7691548

51.7

111.31

6.28

11.7

120.5

2.36

0.99

24GT02-752

E 47/3719

494799

7690851

47.2

101.62

8.28

18.25

296

4

2.97

24GT02-769

E 47/3719

495001

7692059

51.5

110.88

3.35

9.08

62

1.48

0.8

24GT02-770

E 47/3719

495004

7691998

46.7

100.55

3.8

7.5

55.9

1.28

0.59

24GT02-778

E 47/3719

494999

7691599

49.4

106.36

4.68

9.21

84.3

1.38

0.96

24GT02-779

E 47/3719

494999

7691548

92.5

199.15

7.02

7.98

93.6

1.71

1.07

24GT02-780

E 47/3719

494998

7691504

124.5

268.05

6.23

8.33

85.7

1.59

0.84

24GT02-808

E 47/3719

495199

7691999

73.1

157.38

6.13

6.68

83.4

1.18

0.57

24GT02-848

E 47/3719

495399

7691649

62.6

134.78

6.56

6.67

68.9

1.21

0.63

24GT02-854

E 47/3719

495401

7691347

48.3

103.99

5.5

14.4

51.4

1.63

1.04

24GT02-860

E 47/3719

495399

7691049

65.5

141.02

12.05

24.1

364

6.73

3.59

24GT02-893

E 47/3719

495803

7692203

53.8

115.83

5.45

6.71

66.1

1.58

0.58



 

JORC Code, 2012 Edition - Table 1 report template

Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria

JORC Code explanation

Commentary

Sampling techniques

·    Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling.

·    Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.

·    Aspects of the determination of mineralisation that are Material to the Public Report.

·    In cases where 'industry standard' work has been done this would be relatively simple (eg 'reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay'). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information.

·    Reconnaissance style rock chip sampling taken opportunistically from pegmatite outcrop.

·    Pegmatite was identified in outcrop.

·    The rock chip samples were restricted to outcrop of pegmatite rocks.

·    Samples were dispatched to ALS Global Laboratories in Perth for analysis.

Greentech Soil Sampling 2024

·    The soil samples were uniformly collected from 15cm, with colour, moisture and general topography recorded.

·    Samples were taken on a 50m x 200m grid

Artemis Soil Sampling 2018

·    The soil samples were uniformly collected from 15cm, with colour, moisture and general topography recorded.

·    Samples were taken on a 100m x 400m grid

Drilling techniques

·    Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc).

·    Not applicable as no drilling was conducted.

·    This announcement does not relate to drilling carried out by Artemis Resources Ltd.

 

Drill sample recovery

·    Method of recording and assessing core and chip sample recoveries and results assessed.

·    Measures taken to maximise sample recovery and ensure representative nature of the samples.

·    Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.

·    Not applicable as no details on any drilling carried out by Artemis Resources are included in this announcement.

 

Logging

·    Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.

·    Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography.

·    The total length and percentage of the relevant intersections logged.

·    Not applicable as no details on any drilling carried out by Artemis Resources are included in this announcement.

 

Sub-sampling techniques and sample preparation

·    If core, whether cut or sawn and whether quarter, half or all core taken.

·    If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry.

·    For all sample types, the nature, quality and appropriateness of the sample preparation technique.

·    Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples.

·    Measures taken to ensure that the sampling is representative of the insitu material collected, including for instance results for field duplicate/second-half sampling.

·    Whether sample sizes are appropriate to the grain size of the material being sampled.

·    Rock chip samples were dispatched to ALS Global Laboratories in Perth for analysis using their ME_MS89L 55 element technique.

·    The laboratory reported the use of standards and blanks as part of the analyses for QA/QC.

·    The samples were opportunistic in nature and taken from insitu outcrop.

·    Samples were approximately 0.5kg to 1kg in weight.

·    The samples were considered generally representative of the outcrop being sampled.

Greentech Soil Sampling 2024

·    The soil samples were uniformly collected from 15cm, with colour, moisture and general topography recorded.

·    Four Acid Digestion With ICP-MS Finish ME-MS61L-REE (0.25g sample), includes REE elements.

·    Ag, Al, As, Ba, Be, Bi, Ca, Cd, Ce, Co, Cr, Cs, Cu, Fe, Ga, Ge, Hf, In, K, La, Li, Mg, Mn, Mo, Na, Nb, Ni, P, Pb, Pd, Pt, Rb, Re, S, Sb, Sc, Se, Sn, Sr, Ta, Te, Th, Ti, Tl, U, V, W, Y, Zn, Zr. Dy, Er, Eu, Gd, Ho, Lu, Nd, Pr, Sm, Tb, Tm, Yb

·    Samples are pulverised to 85% passing 75 microns for maximum digestion.

Artemis Soil Sampling 2018

·    The soil samples were uniformly collected from 15cm, with colour, moisture and general topography recorded.

·    The AuME-ST44 is an aqua regia digest with ICP-MS finish for multi-element analysis including: Au, Ag, Al, As, B, Ba, Be, Bi, Ca, Cd, Ce. Co, Cr, Cs, Cu, Fe, Ga, Ge, Hf, Hg, In, K, La, Li, Mg, Mn, Mo, Na, Nb, Ni, P, Pb, Pd, Pt, Rb, Re, S, Sb, Sc, Se, Sn, Sr, Ta, Te, Th, Ti, Tl, U, V, W, Y, Zn, Zr

·    Samples are pulverised to 95% passing 75 microns for maximum digestion.

·    Field duplicates were taken and submitted for analysis with the soil samples.

 

Quality of assay data and laboratory tests

·    The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.

·    For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.

·    Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established.

·    Rock chip samples were dispatched to ALS Global Laboratories in Perth for analysis using their ME_MS89L 55 element technique.

·    The laboratory reported the use of standards and blanks as part of the analyses for QA/QC.

·    No standards or blanks were submitted by the company.

Greentech Soil Sampling 2024

·    The soil samples were uniformly collected from 15cm, with colour, moisture and general topography recorded.

·    Four Acid Digestion With ICP-MS Finish ME-MS61L-REE (0.25g sample), includes REE elements.

·    Ag, Al, As, Ba, Be, Bi, Ca, Cd, Ce, Co, Cr, Cs, Cu, Fe, Ga, Ge, Hf, In, K, La, Li, Mg, Mn, Mo, Na, Nb, Ni, P, Pb, Pd, Pt, Rb, Re, S, Sb, Sc, Se, Sn, Sr, Ta, Te, Th, Ti, Tl, U, V, W, Y, Zn, Zr. Dy, Er, Eu, Gd, Ho, Lu, Nd, Pr, Sm, Tb, Tm, Yb

·    Samples are pulverised to 85% passing 75 microns for maximum digestion.

 

Artemis Soil Sampling 2018

·    ALS (Perth) were used for all analysis of samples submitted by Artemis. The laboratory techniques below are for all samples submitted to ALS and are considered appropriate for the styles of mineralisation within the Karratha region:

·    The AuME-ST44 is an aqua regia digest with ICP-MS finish for multi-element analysis including: Au, Ag, Al, As, B, Ba, Be, Bi, Ca, Cd, Ce,  Co, Cr, Cs, Cu, Fe, Ga, Ge, Hf, Hg, In, K, La, Li, Mg, Mn, Mo, Na, Nb, Ni, P, Pb, Pd, Pt, Rb, Re, S, Sb, Sc, Se, Sn, Sr, Ta, Te, Th, Ti, Tl, U, V, W, Y, Zn, Zr

·    Samples are pulverised to 95% passing 75 microns for maximum digestion.

·    Field duplicates were taken and submitted for analysis with the soil samples.

 

Verification of sampling and assaying

·    The verification of significant intersections by either independent or alternative company personnel.

·    The use of twinned holes.

·    Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.

·    Discuss any adjustment to assay data.

·    Duplicate sample of the high-grade lithium bearing pegmatite was submitted to ALS for XRD analysis.

·    The results of these verification analyses are herein reported.

 

Location of data points

·    Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.

·    Specification of the grid system used.

·    Quality and adequacy of topographic control.

·    Sample points were determined by hand held GPS which is considered appropriate for the reconnaissance nature of the sampling.

Greentech Soil Sampling 2024

·    A Garmin GXL12 hand-held GPS was used to define the location of the soil samples.

·    The grid system used for all Artemis sampling is GDA94 (MGA 94 Zone 50)

Artemis Soil Sampling 2018

·    A Garmin GXL12 hand-held GPS was used to define the location of the soil samples.

·    The grid system used for all Artemis sampling is GDA94 (MGA 94 Zone 50)

 

Data spacing and distribution

·    Data spacing for reporting of Exploration Results.

·    Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.

·    Whether sample compositing has been applied.

Greentech Soil Sampling 2024

·    Samples were taken on a 50m x 200m grid orientated N-S

Artemis Soil Sampling 2018

·    Samples were taken on a 100m x 400m grid orientated N-S

 

Orientation of data in relation to geological structure

·    Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.

·    If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.

·    All soil sampling grids were orientated approximately orthogonal to the regional pegmatite structures

 

Sample security

·    The measures taken to ensure sample security.

·    Sample security is by way of chain of custody.

 

Audits or reviews

·    The results of any audits or reviews of sampling techniques and data.

·    No review of the sampling techniques has been undertaken.

 

Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria

JORC Code explanation

Commentary

Mineral tenement and land tenure status

·    Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings.

·    The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.

·    The project tenement cover an area of 48km2 and comprises granted tenements E47/3719.

·    The tenement is subject to a Greentech Metals/Artemis Resources 51%/49% Joint Venture in respect of lithium and lithium related materials.

·    The tenements are in good standing with DMIRS and there are no known impediments for exploration on these tenements.

Exploration done by other parties

·    Acknowledgment and appraisal of exploration by other parties.

·    Numerous exploration parties have held the area covered by the current tenure previously. There is no reported recent or historic exploration for lithium bearing pegmatites on the tenements.

·    Exploration data generated by Artemis Resources was used in this release.

·    Regional RTP aeromagnetics and geology from Geological Survey of WA.

·    The area was previously explored by Fox Resources Ltd and Artemis Resources Ltd with both focussed on nickel exploration.

Geology

·    Deposit type, geological setting and style of mineralisation.

·    The lithium bearing pegmatite zone trends WNW-ESE and is hosted by strongly sheared sediments of the Regal Formation.

·    The pegmatites occur as intermittent lenses in strongly sheared sediments assigned to the Regal Formation and are located approximately 3km to the north of the Sholl Shear Zone.

·    The pegmatites are steeply dipping and up to 20m wide.

·    The project area is underlain by the Archean Pilbara Craton, specifically the West Pilbara Superterrane (WPST) of Hickman (2016). The 3280-3070 Ma WPST comprises numerous tectonostratigraphic packages (Sholl, Regal and Karratha Terranes and the Whundo and Nickol River Basins) and igneous complexes that have been variously affected by several tectonic events. The easterly to east-north easterly trending Sholl Shear Zone (SSZ) is a boundary for the regional rock packages. Metamorphic grade is higher to the north of the SSZ, suggesting the present-day surface shows a slightly deeper crustal level on the north side.

 

Drill hole Information

·    A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes:

o easting and northing of the drill hole collar

o elevation or RL (Reduced Level - elevation above sea level in metres) of the drill hole collar

o dip and azimuth of the hole

o down hole length and interception depth

o hole length.

·    If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case.

·    Not applicable as no drilling has been undertaken

Data aggregation methods

·    In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated.

·    Where aggregate intercepts incorporate short lengths of high grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail.

·    The assumptions used for any reporting of metal equivalent values should be clearly stated.

·    Not applicable as no data aggregation methods were used due to the reconnaissance nature of the sampling.

Relationship between mineralisation widths and intercept lengths

·    These relationships are particularly important in the reporting of Exploration Results.

·    If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported.

·    If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg 'down hole length, true width not known').

·    Not applicable as surface sampling is reconnaissance in nature.

Diagrams

·    Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views.

·    All the appropriate maps are provided in the body of this announcement.

Balanced reporting

·    Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.

·    This announcement discusses the findings of recent reconnaissance sampling and associated assays.

Other substantive exploration data

·    Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples - size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.

·    All the meaningful exploration data has been included in the body of this announcement.

 

Further work

·    The nature and scale of planned further work (eg tests for lateral extensions or depth extensions or large-scale step-out drilling).

·    Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.

·    Artemis plans to conduct further ground reconnaissance and sampling in the short term to determine the surface extent both laterally and along strike and also the economic potential of the prospect. Trenching and drilling will also be undertaken if warranted.

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
GMSRLMFTMTJMBBI