West Pilbara Addendum Announcement

Artemis Resources Limited
18 July 2023
 

Artemis Resources Limited

 

("Artemis" or the "Company")

 

(ASX/AIM: ARV, FRA: ATY, US: ARTTF)

 

Addendum to Announcement

Lithium Bearing Pegmatites Identified at West Pilbara Joint Venture Project

Released 10 July 2023

Artemis Resources (ASX:ARV) (Artemis of the Company) as requested by the ASX provides below a revision to its announcement of 10 July 2023 "Lithium Bearing Pegmatites Identified at West Pilbara Joint Venture Project".

The addendum to the release is to provide clarification to the market on the material details of the soil samples including:

·      Soil sample analysis style and elements sampled.

·      Year of Soil sample collection.

·      Tabulated summary of sample location and analysis.

·      Sample location map and anomaly maps.

·      Updated JORC Tables for each soil sample analysis type.

End

This announcement was approved for release by the Board.

Lithium Bearing Pegmatites Identified at West Pilbara Joint Venture Project

Highlights:

·      Lithium bearing pegmatites identified within Osborne Joint Venture (Artemis 49% interest).

·      Significant assays:

1.8% Li2O from Sample No 23GT11-041

1.7% Li2O from Sample No 23GT11-042

1.58% Li2O from Sample No 23GT11-039

·      Mineralised trend identified extends within JV tenure.

·      Field activities are currently underway in the search for lithium bearing pegmatites and dykes on Artemis tenements.

·      Artemis tenements E47/1746 and E47/1797 adjoins the JV project.

·      Review of the company's historic geochemical soils sampling data indicates elevated lithium and lithium pathfinder elements within the company's 100% held tenure.

 

Artemis Resources Limited is pleased to advise that lithium pegmatites have been identified on the Osborne Joint Venture (Greentech Metals Ltd 51% / Artemis Resources 49%).

As announced by GreenTech Metals Limited (ASX: GRE) in the ASX release of 7 July 2023[1] , GreenTech announced that the Kobe Lithium Prospect extends into the Joint Venture exploration licence E47/3719. The mineralised trend defined to date within JV tenure is shown in Figure 1 below. High tenor lithium assays received within the project area include:

·      1.8% Li2O from Sample No 23GT11-041

·      1.7% Li2O from Sample No 23GT11-042

·      1.58% Li2O from Sample No 23GT11-039

Further work is planned on the Joint Venture tenement with sampling and mapping aimed at identifying the full extent of the mineralised pegmatite zone and the consistency of the lithium minerology and grade. Preparations have commenced to enable a maiden drilling program as soon as all approvals are received.

Figure 1: Pegmatite bearing zone on JV tenure is E47/3719 (Source: GRE release dated 7 July 2023)

Artemis West Pilbara exploration

As part of the Company's West Pilbara exploration review and field work, Artemis has also commenced a review and assessment of lithium prospectivity in its 100% owned tenure. Artemis currently controls approximately 144 km2 in the West Pilbara adjacent to the lithium find.

Artemis has commenced a review of its extensive soils database and commissioned a third-party consultant to process detailed satellite spectral data.

A review of the company's historic regional exploration soils database indicates elevated lithium and lithium pathfinder elements on Artemis tenements E47/1746 and E47/1797.

The soils data is comprised of three different analytical methods being conventional Aqua Regia, Ionic Leach and Ultrafine Fraction (UFF) collected between 2018 and 2023. A total of 4,534 samples were reviewed (Figure 2) and levelled against each other using percentile comparison against each data set and then plotting the +95th percentile of each to develop Lithium and pathway element trends (Figures 3 and 4).

 

Figure 2: Geochemical data sets used for Lithium prospectivity review.

 

Figure 3: Plot of levelled +95th percentile Lithium soils data with circled anomalous trends

Figure 4: Plot of 95th Percentile Rubidium soils data with circled anomalous trends

The data has defined seven distinct lithium cluster anomalies within E47/1797 and E47/1746 with elevated Lithium above the 95th percentile. Two of these anomalies also correspond with two broad rubidium anomalies and will form part of the initial reconnaissance programs in identifying potential lithium bearing pegmatites.

First pass field reconnaissance programmes have commenced investigating the source of the lithium soil anomalies with rock chip samples collected for lithium analysis. Results from the initial rock chip samples are expected in August.

Artemis holds a 9.67% interest in GreenTech Metals Limited (ASX: GRE).

 

End.

 

 

Artemis Resources Limited

Guy Robertson

 

via Camarco

Dr Simon Dominy / Technical Director

 

info@artemisresources.com.au 

WH Ireland Limited (Nominated Adviser and Broker)


Antonio Bossi / James Bavister / Isaac Hooper (Corporate Finance) 

Tel: +44 20 7220 1666



Camarco (Financial PR)


Gordon Poole / Emily Hall / Rebecca Waterworth

Email: artemis@camarco.co.uk

 

About Artemis Resources

Artemis Resources (ASX/AIM: ARV; FRA: ATY; US: ARTTF) is a Perth-based exploration and development company, led by an experienced team that has a singular focus on delivering shareholder value from its Pilbara projects - the Greater Carlow project in the West Pilbara and the Paterson Central exploration project in the East Pilbara.

For more information, please visit www.artemisresources.com.au

Competent Person's Statement

The information in this report that relates to exploration results was prepared by Mr Luke Meter, a Competent Person who is a member of the Australasian Institute of Geoscientists (MAIG) and Australasian Institute of Mining and Metallurgy (MAusIMM). Mr Meter is employed by Artemis Resources as Exploration Manager. Mr Meter has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken 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". Mr Meter consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.

 

Related ASX Announcements

·      07/07/2023       GRE: Further High-Grade Lithium Up to 1.8% Li2O Encountered at Ruth Well Project in WA

 

Appendix 1 - Rock Sample Location Details

Table 1: Sample Details and Assay Results

Sample ID

Sample Type

Tenement

Easting

Northing

Datum

Li2O%

23GT11-038

Rock

E47/3719

488314

7693671

MGA94_50

0.2

23GT11-039

Rock

E47/3719

488362

7693668

MGA94_50

1.58

23GT11-040

Rock

E47/3719

488369

7693670

MGA94_50

1.49

23GT11-041

Rock

E47/3719

488747

7693682

MGA94_50

1.8

23GT11-042

Rock

E47/3719

488747

7693675

MGA94_50

1.71

23GT11-043

Rock

E47/3719

489428

7693732

MGA94_50

0.23

 

Appendix 2 - Soil Sample Location Details

Table 2: 2018 Aqua Regia Sample Details: Above 95th Percentile Lithium plus pathfinder elements

 

Sample ID

Easting

Northing

Tenement

Li_ppm

Cs_ppm

Ga_ppm

Rb_ppm

Sn_ppm

Ta_ppm

Tl_ppm

GB438

500100

7696700

P47/1972

35.300

1.195

6.760

6.790

0.380

NA

0.098

GB539

500100

7700400

P47/1972

35.400

1.035

7.260

9.400

0.420

NA

0.055

OA0335

489400

7696400

E47/1746

51.800

1.785

6.980

9.680

0.430

NA

0.164

OA0462

490200

7696900

E47/1746

45.000

0.569

4.910

5.230

0.280

NA

0.062

OA0513

490600

7697000

E47/1746

43.700

0.745

7.850

5.430

0.470

NA

0.105

OA0555

491000

7695400

E47/3719

31.600

0.988

8.460

9.030

0.500

NA

0.072

OA0631

491400

7695800

E47/1746

36.200

0.918

7.720

10.100

0.610

NA

0.086

OA0640

491400

7696700

E47/1746

34.700

0.679

8.610

6.540

0.450

NA

0.086

OA0647

491400

7697200

E47/1746

33.900

0.636

7.260

5.020

0.380

NA

0.083

OA0649

491400

7697400

E47/1746

42.300

0.626

8.430

5.770

0.490

NA

0.088

OA0709

491800

7695600

E47/1746

41.600

0.999

6.310

7.540

0.410

NA

0.070

OA0710

491800

7695700

E47/1746

38.100

1.355

8.050

17.400

0.800

NA

0.122

OA0711

491800

7695800

E47/1746

38.800

0.917

9.300

13.500

0.680

NA

0.110

OA0788

492200

7695500

E47/1746

34.400

1.020

9.540

14.600

0.680

NA

0.086

OA0975

493000

7698000

E47/1746

54.100

0.669

7.710

7.840

0.530

NA

0.062

OA2253

497800

7697000

E47/1746

66.700

1.005

9.940

26.100

3.070

NA

0.273

PH023

488500

7696450

E47/1746

38.700

1.095

6.980

7.700

0.350

NA

0.100

PH038

488700

7696200

E47/3719

31.900

2.430

5.730

5.040

0.460

NA

0.125

PH092

489100

7696500

E47/1746

34.000

0.733

6.810

8.660

0.560

NA

0.095

PH106

489200

7696550

E47/1746

60.900

0.362

8.640

2.370

0.170

NA

0.039

PH107

489195

7696606

E47/1746

36.100

0.673

5.930

6.220

0.290

NA

0.094

SHS0361

494000

7685300

E47/1746

34.600

0.155

8.360

3.480

0.180

NA

0.034

 

 

Table 3: 2018 Ionic Leach Sample Details: Above 95th Percentile Lithium plus pathfinder elements

 

Sample ID

Easting

Northing

Tenement

Li_ppb

Cs_ppb

Ga_ppb

Nb_ppb

Rb_ppb

Sn_ppb

Ta_ppb

Tl_ppb

OSS0563

498000

7694600

E47/1746

22.700

0.700

0.250

NA

39.600

NA

NA

0.210

OSS0596

498400

7694900

E47/1746

28.700

1.500

0.250

NA

72.400

NA

NA

0.190

OSS0643

498800

7694900

E47/1746

41.800

0.600

0.600

NA

32.500

NA

NA

0.140

OSS0743

499600

7695100

E47/1746

18.700

1.100

1.000

NA

59.300

NA

NA

0.110

OSS0804

500000

7696200

E47/1746

14.900

1.300

0.250

NA

44.300

NA

NA

0.580

OSS0847

500800

7693300

E47/1746

19.500

0.500

1.000

NA

48.900

NA

NA

0.080

OSS0901

501600

7693900

E47/1746

23.100

1.500

0.250

NA

78.700

NA

NA

0.370

OSS0912

501600

7695000

E47/1746

15.200

1.000

0.250

NA

62.900

NA

NA

0.330

OSS0934

502000

7693500

E47/1746

16.500

1.600

0.250

NA

82.900

NA

NA

0.340

OSS0937

502000

7693800

E47/1746

18.400

0.800

0.250

NA

79.000

NA

NA

0.280

OSS0940

502000

7694100

E47/1746

26.700

2.900

0.250

NA

95.200

NA

NA

0.420

OSS0981

502000

7697800

E47/1797

21.300

1.900

0.250

NA

66.900

NA

NA

0.210

OSS0982

502000

7697900

E47/1797

18.800

2.300

0.250

NA

52.000

NA

NA

1.100

OSS1001

502400

7693800

E47/1746

16.700

1.500

0.250

NA

83.400

NA

NA

0.370

OSS1004

502400

7694100

E47/1746

13.700

1.300

0.250

NA

85.300

NA

NA

0.360

OSS1029

502400

7696400

E47/1797

15.000

0.900

0.250

NA

87.100

NA

NA

0.410

OSS1031

502400

7696600

E47/1797

14.900

0.700

0.250

NA

53.600

NA

NA

0.280

OSS1039

502400

7697400

E47/1797

14.400

0.800

0.250

NA

68.900

NA

NA

0.210

OSS1057

502800

7694200

E47/1746

13.600

1.100

0.250

NA

116.500

NA

NA

0.480

OSS1059

502800

7694400

E47/1746

32.400

1.400

0.250

NA

81.900

NA

NA

0.350

OSS1082

502800

7696500

E47/1797

14.000

1.500

0.250

NA

96.100

NA

NA

0.350

OSS1108

503200

7694300

E47/1746

16.900

0.900

0.250

NA

76.700

NA

NA

0.260

OSS1109

503200

7694400

E47/1746

20.500

1.100

0.250

NA

83.500

NA

NA

0.390

OSS1130

503200

7696500

E47/1797

14.200

1.800

0.250

NA

58.600

NA

NA

0.320

OSS1135

503200

7696800

E47/1797

17.100

0.700

0.250

NA

44.600

NA

NA

0.260

OSS1141

503200

7697400

E47/1797

27.400

0.700

0.250

NA

49.000

NA

NA

0.360

OSS1199

503600

7696900

E47/1797

14.900

1.200

0.250

NA

98.300

NA

NA

0.470

OSS1207

503600

7697700

E47/1797

13.500

1.000

0.250

NA

67.200

NA

NA

0.460

OSS1256

504000

7697000

E47/1797

19.800

0.900

0.250

NA

77.000

NA

NA

0.300

OSS1257

504000

7697100

E47/1797

14.600

1.400

0.250

NA

80.800

NA

NA

0.420

OSS1258

504000

7697200

E47/1797

23.600

1.100

0.250

NA

55.000

NA

NA

0.350

OSS1259

504000

7697300

E47/1797

53.400

1.400

0.250

NA

63.300

NA

NA

0.740

OSS1260

504000

7697400

E47/1797

18.300

1.800

0.250

NA

92.400

NA

NA

0.500

OSS1261

504000

7697500

E47/1797

27.100

1.000

0.250

NA

74.000

NA

NA

0.290

OSS1262

504000

7697600

E47/1797

25.300

1.400

0.250

NA

81.100

NA

NA

0.370

OSS1265

504000

7697900

E47/1797

31.200

1.600

0.250

NA

91.900

NA

NA

1.590

OSS1283

504000

7699500

E47/1797

41.600

2.300

0.250

NA

93.800

NA

NA

0.910

OSS1284

504000

7699600

E47/1797

19.000

1.100

0.250

NA

70.700

NA

NA

0.240

OSS1285

504000

7699700

E47/1797

25.900

1.000

0.250

NA

60.500

NA

NA

0.900

OSS1310

504400

7696500

E47/1797

15.900

1.300

0.250

NA

113.000

NA

NA

0.360

OSS1312

504400

7696700

E47/1797

16.300

1.000

0.250

NA

88.600

NA

NA

0.200

OSS1313

504400

7696800

E47/1797

17.500

1.000

0.250

NA

87.800

NA

NA

0.360

OSS1314

504400

7696900

E47/1797

17.200

1.400

0.250

NA

113.000

NA

NA

0.390

OSS1315

504400

7697000

E47/1797

16.900

1.500

0.250

NA

97.100

NA

NA

0.320

OSS1328

504400

7698100

E47/1797

17.900

0.700

0.250

NA

57.900

NA

NA

0.280

OSS1330

504400

7698300

E47/1797

15.600

1.100

0.250

NA

118.500

NA

NA

0.330

OSS1344

504400

7699700

E47/1797

14.800

0.900

0.250

NA

80.100

NA

NA

0.410

OSS1345

504400

7699800

E47/1797

26.300

1.700

0.250

NA

72.200

NA

NA

0.600

OSS1381

504800

7697300

E47/1797

16.200

1.000

0.250

NA

71.600

NA

NA

0.380

OSS1382

504800

7697400

E47/1797

14.400

1.200

0.250

NA

124.500

NA

NA

0.350

OSS1439

505200

7696500

E47/1797

13.500

1.900

0.250

NA

106.000

NA

NA

0.410

OSS1451

505200

7697700

E47/1797

17.700

1.200

0.250

NA

73.600

NA

NA

0.310

OSS1452

505200

7697800

E47/1797

14.800

1.000

0.250

NA

87.600

NA

NA

0.390

OSS1453

505200

7697900

E47/1797

22.800

1.100

0.250

NA

76.600

NA

NA

0.330

OSS1454

505200

7698000

E47/1797

16.000

0.900

0.250

NA

79.400

NA

NA

0.320

OSS1455

505200

7698100

E47/1797

18.000

1.000

0.250

NA

46.300

NA

NA

0.400

OSS1464

505200

7698800

E47/1797

14.600

1.300

1.000

NA

121.000

NA

NA

0.350

OSS1476

505200

7700000

E47/1797

17.800

1.200

0.250

NA

80.900

NA

NA

0.280

OSS1477

505200

7700100

E47/1797

20.000

1.900

0.250

NA

89.100

NA

NA

0.340

OSS1478

505200

7700200

E47/1797

25.100

2.800

0.250

NA

97.600

NA

NA

0.420

OSS1495

505600

7697100

E47/1797

14.600

1.200

0.250

NA

74.600

NA

NA

0.250

OSS1497

505600

7697300

E47/1797

17.400

0.900

0.250

NA

82.900

NA

NA

0.160

OSS1500

505600

7697600

E47/1797

22.400

1.300

0.250

NA

78.500

NA

NA

0.420

OSS1501

505600

7697700

E47/1797

15.600

1.200

0.250

NA

63.700

NA

NA

0.330

OSS1509

505600

7698500

E47/1797

13.700

2.200

0.250

NA

93.600

NA

NA

0.820

OSS1530

505600

7700400

E47/1797

20.400

2.000

0.250

NA

109.000

NA

NA

0.340

OSS1546

505600

7701800

E47/1797

15.000

2.100

0.250

NA

41.400

NA

NA

0.220

OSS1563

506000

7697400

E47/1797

13.700

1.400

0.250

NA

101.000

NA

NA

0.390

OSS1686

508000

7697900

E47/1797

52.700

1.300

0.250

NA

72.800

NA

NA

1.420

OSS1687

508000

7698000

E47/1797

18.000

1.300

0.250

NA

70.700

NA

NA

0.300

SWI 023

499000

7695000

E47/1746

20.400

1.200

0.250

NA

26.300

NA

NA

0.600

SWI 127

499400

7693300

E47/1746

25.000

0.400

0.250

NA

37.000

NA

NA

0.070

SWI 145

499400

7694300

E47/1746

13.600

2.100

0.250

NA

51.500

NA

NA

0.140

SWI 207

501800

7693600

E47/1746

21.900

1.300

0.250

NA

40.100

NA

NA

0.230

SWI 288

502200

7697000

E47/1797

20.500

3.400

0.250

NA

92.100

NA

NA

0.950

SWI 411

503800

7699600

E47/1797

19.500

1.100

0.250

NA

44.000

NA

NA

0.820

SWN1183

506400

7701000

E47/1797

14.700

1.600

0.250

NA

48.700

NA

NA

0.310

SWN1251

506800

7701200

E47/1797

14.700

0.800

0.250

NA

71.200

NA

NA

0.310

SWN1256

506800

7701700

E47/1797

15.800

1.000

0.250

NA

79.400

NA

NA

0.700

SWN884

502800

7699000

E47/1797

16.000

1.300

0.250

NA

75.000

NA

NA

0.510

SWS0105

498800

7689600

E47/1746

14.570

0.670

1.000

NA

2.100

NA

NA

1.630

SWS0110

498800

7689900

E47/1746

25.000

1.890

1.000

NA

2.260

NA

NA

4.250

SWS0113

498800

7690200

E47/1746

56.860

5.780

2.400

NA

7.580

NA

NA

5.000

SWS0119

498800

7690800

E47/1746

13.710

2.440

1.000

NA

3.710

NA

NA

4.190

SWS0120

498800

7690900

E47/1746

24.860

1.780

1.000

NA

2.940

NA

NA

4.380

SWS0123

498800

7691200

E47/1746

61.140

4.560

1.000

NA

6.570

NA

NA

10.250

SWS0147

499200

7689900

E47/1746

37.140

2.220

1.000

NA

3.090

NA

NA

3.690

SWS0148

499200

7690000

E47/1746

25.570

18.670

1.000

NA

8.890

NA

NA

12.880

SWS0149

499200

7690100

E47/1746

31.000

10.890

1.000

NA

2.070

NA

NA

4.500

SWS0150

499200

7690200

E47/1746

37.000

5.110

2.000

NA

3.950

NA

NA

3.060

SWS0183

499600

7689800

E47/1746

15.900

2.600

0.600

NA

431.000

NA

NA

0.680

SWS0185

499600

7690000

E47/1746

13.800

3.900

0.250

NA

243.000

NA

NA

0.580

SWS0205

499600

7691800

E47/1746

25.100

1.500

0.250

NA

91.700

NA

NA

0.540

SWS0230

500000

7690200

E47/1746

14.700

3.400

0.600

NA

319.000

NA

NA

0.420

SWS0231

500000

7690300

E47/1746

29.500

11.300

0.250

NA

509.000

NA

NA

1.230

SWS0289

500800

7691100

E47/1746

17.100

1.500

0.250

NA

144.000

NA

NA

0.430

SWS0316

501200

7691200

E47/1746

88.100

4.700

0.250

NA

106.500

NA

NA

0.470

SWS0337

501200

7693100

E47/1746

20.800

2.600

0.250

NA

95.000

NA

NA

0.740

SWS0394

502000

7691700

E47/1746

18.700

0.900

0.250

NA

119.000

NA

NA

0.460

SWS0508

502800

7693100

E47/1746

14.100

1.700

0.250

NA

79.700

NA

NA

0.410

SWS0538

503200

7691000

E47/1746

325.000

3.600

11.700

NA

263.000

NA

NA

0.370

SWS0560

503200

7693000

E47/1746

23.700

1.700

0.250

NA

79.300

NA

NA

0.370

 

 

Table 4: 2023 UFF Sample Details: Above 95th Percentile Lithium plus pathfinder elements

 

Sample ID

Easting

Northing

Tenement

Li_ppm

Cs_ppm

Ga_ppm

Nb_ppm

Rb_ppm

Sn_ppm

Ta_ppm

Tl_ppm

22UF0333

504360

7698580

E47/1797

58.4

5.39

25.3

0.67

67.1

2.89

0.008

0.357

22UF0425

505000

7698740

E47/1797

57.2

5.23

19.8

1.36

74

2.16

0.002

0.356

22UF0443

505160

7699380

E47/1797

65.5

4.87

21.1

0.78

71.3

2.22

0.008

0.313

22UF0470

505320

7699380

E47/1797

59.2

5.19

20.5

1.06

74.2

2.04

0.007

0.308

22UF0471

505320

7699300

E47/1797

57.5

4.85

20

1.06

71

1.96

0.004

0.32

22UF0472

505320

7699220

E47/1797

61.4

5.05

21.3

0.82

66.8

2.28

0.009

0.309

22UF0473

505320

7699140

E47/1797

62

4.91

21.4

0.86

70.7

2.2

0.008

0.327

22UF0539

505640

7699460

E47/1797

60

5.24

24.1

0.76

70.9

2.35

0.002

0.4

22UF0541

505640

7699300

E47/1797

67.2

5.74

25.2

0.78

81.1

2.53

0.005

0.383

22UF0576

505800

7699300

E47/1797

59.7

3.97

22.6

0.84

65.6

2.25

0.007

0.345

22UF0816

507720

7699860

E47/1797

58.7

6.52

27.1

0.43

91.1

2.79

0.008

0.375

22UF0828

507880

7699780

E47/1797

67.1

4.63

22.4

0.82

66.4

2.31

0.005

0.303

22UF0830

507880

7699620

E47/1797

61.2

4.5

20.6

0.95

67.5

2.26

0.008

0.314

22UF0842

508040

7699540

E47/1797

56.9

4.47

19.6

0.96

62.2

2.31

0.006

0.317

22UF0844

508040

7699380

E47/1797

61.8

4.72

22.1

0.82

72.4

2.35

0.008

0.354

22UF0847

508040

7699140

E47/1797

57.6

4.52

18.8

0.65

53.2

2.24

0.008

0.286

22UF0878

508520

7699220

E47/1797

70

2.47

20.2

0.69

42.7

1.96

0.003

0.223

22UF0891

504840

7699380

E47/1797

57.5

4.47

20.3

0.53

60.3

2.34

0.006

0.311

22UF0895

504840

7699700

E47/1797

57

5.96

21.4

0.98

78.6

2.22

0.006

0.457

22UF0897

504840

7699860

E47/1797

57.3

4.72

20.8

0.74

66.8

2.25

0.005

0.317

22UF0932

504040

7700180

E47/1797

70.6

4.51

27.4

0.68

92.4

2.73

0.006

0.327

22UF0969

504520

7699380

E47/1797

70.4

6.84

25.5

0.9

82.1

2.83

0.009

0.384

 

 

 

JORC Code, 2012 Edition

2023 GreenTech Metals Lithium Exploration Rock Chip Samples

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.

·    This announcement discusses the findings of reconnaissance site visit with a view to determining the lithium potential of the Company's tenements and which include the collection of rock samples.

·    Pegmatite was identified in outcrop.

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

·    Samples were dispatched top ALS Global Laboratories in Perth for Analysis.

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.

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.

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 due to the reconnaissance nature of the sampling.

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 in situ 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 analysis for QAQC.

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

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

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

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.

·    The mineralogy of four lithium bearing samples is being determined by XRD analysis undertaken at Curtain University.

·    A previous lithium bearing sample was determined by XRD analysis to be spodumene

·    XRD: Diffraction patterns were obtained using a Bruker D8 Discover diffractometer using CuKα radiation (40 kV and 40 mA) and scanning from 4 to 90° 2θ in 0.015° 2θ steps, counting for 1.08 s/step for a total scan time of ≈100 minutes/scan • Samples were prepared for random-powder XRD analysis by front loading of pulverised material into a plastic mount • Diffraction patterns displayed in the following slides are presented over the 5-60° and 10°33° 2θ angle-range to better display some of the less intense peaks. To correct for 2θ shifts in the diffraction patterns was shifted using quartz as the internal standard. TIMA automated mineralogy : Mineral and element distribution maps of two polished round mounts (25 mm diameter) were obtained using the TIMA (Tescan Integrated Mineral Analyser), automated mineralogy system at the John De Later Centre.

·   

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 samples of the lithium bearing pegmatite have been submitted to Curtin University in Perth for XRD analysis.

·    The results of these verification analyses are awaited.

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 handheld GPS which is considered appropriate for the reconnaissance nature of the sampling.

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.

·    Not applicable due to the reconnaissance nature of the sampling.

·    No attempt has been made to demonstrate geological grade or continuity between sample points.

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.

·    Not applicable.

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 technique 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.

·    Exploration Licence E47/3719 is held under Joint Venture by Greentech Metals (51) and Artemis Resources 49%.

·    The tenement is in good standing.

Exploration done by other parties

·    Acknowledgment and appraisal of exploration by other parties.

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

·      No other exploration companies generated data was used in this release.

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

·      The area was previously explored by Fox Resources Ltd a 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 4m 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.

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.

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 by Greentech Metals (ASX: GRE)

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 meaningful exploration 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.

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

 



 

JORC Code, 2012 Edition - 2018 Artemis Resources Aqua Regia and Ionic Leach Soils

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.

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

•  Two forms of analysis were conducted for the soils, conventional analysis using the AuME-ST44 was applied to samples sieved to -2mm. The second method was Ionic leach where soil samples are sieved to -4mm.

•  The AuME-ST44 is an aqua regia digest with ICP-MS finish for multi-element analysis including: Au, Ag, Al, As, Ba, Be, Bi, Ca, Cd, Co, Cr, Cu, Fe, Ga, K, La, Mg, Mn, Mo, Na, Ni, P, Pb, Pd, Pt, S, Sb, Sc, Sr, Th, Ti, Tl, U, V, W, Zn. Samples are pulverised to 95% passing 75 microns for maximum digestion.

•  Ionic LeachTM  uses a cyanide leach in a buffered solution digest with ICP-MS finish for ultra-low level detection levels for elements including: Au, Ag, Al, As, Ba, Be, Bi, Ca, Cd, Co, Cr, Cu, Fe, Ga, K, La, Mg, Mn, Mo, Na, Ni, P, Pb, Pd, Pt, S, Sb, Sc, Sr, Th, Ti, Tl, U, V, W, Zn, REE. Samples are unpulverized and the technique is known as a partial extraction approach.

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

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

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

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.

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

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 in situ 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.

·    Not drilling data.

·    Duplicate samples were collected and submitted for analysis with Reference standards inserted during soil sampling.

·    Reference samples were inserted with rock chip 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.

·    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, Ba, Be, Bi, Ca, Cd, Co, Cr, Cu, Fe, Ga, K, La, Mg, Mn, Mo, Na, Ni, P, Pb, Pd, Pt, S, Sb, Sc, Sr, Th, Ti, Tl, U, V, W, Zn. Samples are pulverised to 95% passing 75 microns for maximum digestion.

·    Ionic LeachTM uses a cyanide leach in a buffered solution digest with ICP-MS finish for ultra-low level detection levels for elements including: Au, Ag, Al, As, Ba, Be, Bi, Ca, Cd, Co, Cr, Cu, Fe, Ga, K, La, Mg, Mn, Mo, Na, Ni, P, Pb, Pd, Pt, S, Sb, Sc, Sr, Th, Ti, Tl, U, V, W, Zn, REE. Samples are unpulverized and the technique is known as a partial extraction approach.

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

·    Standards were used for external laboratory checks by Artemis.

·    Duplicates were used for external laboratory checks by Artemis.

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.

·    At least two company personnel verified all significant results

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.

·    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.

·    The soil samples were taken on north-south orientated lines spaced on a nominal 400 m apart with individual samples taken on a nominal 100 m sample spacing along the lines.

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.

·    No drilling completed

·    Soil samples were taken on north-south orientated lines spaced on a nominal 400 m apart with individual samples taken on a nominal 100 m sample spacing along the lines.

Sample security

·    The measures taken to ensure sample security.

·    Chain of Custody for soil samples is maintained by Artemis personnel and contractors. Soil samples were collected and stored in seal top polyethylene sample bags which were then stored in numbered storage boxes. These boxes were then transported by Artemis personnel to Bishops Transport in Karratha, who subsequently transported the samples to LabWest in Perth, Wester Australia. Sample submission documents listing the batch number and sample number series accompany the samples at each stage. Samples are checked by LabWest to confirm receipt of all samples and check the condition of the sample Batch.

Audits or reviews

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

·              Data is validated upon up-loading into the master database. Any validation issues identified are investigated prior to reporting of results

 

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 2018 soil sample program was completed across a substantial portion of Artemis Resources West Pilara tenure including E47/1797, E47/1746 and E47/3719

Exploration done by other parties

·    Acknowledgment and appraisal of exploration by other parties.

·      The most significant work to have been completed historically in the Greater Carlow area was completed by Open Pit Mining Limited between 1985 and 1987, and subsequently Legend Mining NL between 1995 and 2008.

·      Work completed by Open Pit consisted of geological mapping, geophysical surveying (IP), and RC drilling and sampling.

·      Work completed by Legend Mining Ltd consisted of geological mapping and further RC drilling.

·      Legend also completed an airborne ATEM survey over the project area, with follow up ground-based FLTEM surveying. Re-processing of this data was completed by Artemis and was critical in developing drill targets for the completed RC drilling.

·      Compilation and assessment of historic drilling and mapping data completed by both Open Pit and Legend has indicated that this data is compares well with data collected to date by Artemis. Validation and compilation of historic data is ongoing.

·      All exploration and analysis techniques conducted by both Open Pit and Legend are considered to have been appropriate for the style of deposit.

Geology

·    Deposit type, geological setting and style of mineralisation.

·     The soil sampling program was planned to identify any unknown styles of mineralization in the West Pilbara.

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.

·    No drilling undertaken as part of this program.

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.

·    No data aggregation or intercept calculations are included in this release

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').

·    No drilling undertaken as part of this program.

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.

·    Representative plans are provided in this report.

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.

·    The report is considered balanced and provided in context.

·    Further exploration including geophysical surveys, mapping, sampling, and other exploration activities are required to fully understand the results in greater detail.

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.

·    The 2018 regional soil exploration program was to establish the baseline information.

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.

·    Follow-up of the numerous identified anomalous areas will continue.

 



 

JORC Code, 2012 Edition - 2023 Artemis Resources UFF Greater Carlow Soils

Section 1 Sampling Techniques and Data

(Criteria in this section applies 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.

·    Soil samples were collected in the field by removing any surface vegetation and topsoil and then digging down to the horizon change (generally 10 - 15 cm) from which the sample was taken.

·    Samples for UFF analysis were sieved at the sample site in the field to -2 mm and approximately 350 g of material was collected and bagged with a unique sample identification number.

·    Each sample soil type was logged, and coordinates recorded against the sample number with a handheld GPS receiver.

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).

·    No drilling undertaken as part of this program.

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.

·    No drilling undertaken as part of this program.

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.

·    No drilling undertaken as part of this program Soil Sample type was recorded, and coordinates of each sample site recorded against unique sample identification number.

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 in situ 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.

·    UFF+ soil sampling is used to obtain an ultrafine fraction of the soil (-2µm), this is analysed to identify elemental concentrations.

·    Soil samples are collected using a steel shovel, these samples are sieved passing -2 mm in the field to produce a nominal 350 g field sample, this sample is processed using the CSIRO UFF+ workflow to produce an ultrafine fraction to analyse for gold and multi-elements. The sample preparation employed by LabWest has been developed in collaboration with CSIRO.

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.

·    Samples were submitted to Labwest for processing and analysis with standards being inserted by the company in-house.

·    LabWest is a commercial independent certified laboratory in Perth, Western Australia.

·    The -2 µm fraction of the soil samples were analysed for Ag, Al, As, Au, Ba, Be, Bi, Ca, Cd, Ce, Co, Cr, Cs, Fe, Ga, Ge, Hf, Hg, In, K, La, Li, <g, Mn, Mo, Nb, Ni, Pb, Pt, Rb, Re, S, Sb, Sc, Se, Sn, Sr, Ta, Te, Th, Ti, Tl, U, V, W, Y, Zn, and Zr via LabWest's Ultrafine + microwave digest with an ICP EOS/MS finish.

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.

·    Sample results and standards were reviewed by Artemis Exploration Manager and geologists.

·    Sample results and standards QAQC checked and uploaded into data base by independent data base managers Expedio.

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.

·    Soil sample locations are located by handheld GPS receiver to an accuracy of +/- 5 m.

·    Locations are given in GDA94 Zone 50.

·    Diagrams showing sample locations are provided in the report.

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.

·    The soil samples were taken on north-south orientated lines spaced 160 m apart with individual samples taken on a nominal 80 m sample spacing along the lines.

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.

·    Surface soil sampling on a grid basis. The grid was designed to sample across the interpreted zones at a high angle.

Sample security

·    The measures taken to ensure sample security.

·    Chain of Custody for soil samples is maintained by Artemis personnel and contractors. Soil samples were collected and stored in seal top polyethylene sample bags which were then stored in numbered storage boxes. These boxes were then transported by Artemis personnel to Bishops Transport in Karratha, who subsequently transported the samples to LabWest in Perth, Wester Australia. Sample submission documents listing the batch number and sample number series accompany the samples at each stage. Samples are checked by LabWest to confirm receipt of all samples and check the condition of the sample Batch.

Audits or reviews

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

·    No Audits have been completed.

 

 

 

 

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 Greater Carlow Project is in Exploration Licence E47/1797, held by KML No2, a 100% owned subsidiary of Artemis Resources.

·    E47/1797 is within the Ngarluma Native Title Determination Area. The tenure is subject to an agreement allowing mining activities including exploration.

·    There are no historical cultural sites or environment protected areas that would prevent the Company from exploring the licence.

Exploration done by other parties

·    Acknowledgment and appraisal of exploration by other parties.

·    The most significant work to have been completed historically in the Greater Carlow area was completed by Open Pit Mining Limited between 1985 and 1987, and subsequently Legend Mining NL between 1995 and 2008.

·    Work completed by Open Pit consisted of geological mapping, geophysical surveying (IP), and RC drilling and sampling.

·    Work completed by Legend Mining Ltd consisted of geological mapping and further RC drilling.

·    Legend also completed an airborne ATEM survey over the project area, with follow up ground-based FLTEM surveying. Re-processing of this data was completed by Artemis and was critical in developing drill targets for the completed RC drilling.

·    Compilation and assessment of historic drilling and mapping data completed by both Open Pit and Legend has indicated that this data is compares well with data collected to date by Artemis. Validation and compilation of historic data is ongoing.

·    All exploration and analysis techniques conducted by both Open Pit and Legend are considered to have been appropriate for the style of deposit.

Geology

·    Deposit type, geological setting and style of mineralisation.

·    Gold mineralisation is associated with shears and breccias associated with the Regal Thrust within greenstones sequences of the Roebourne and Regal Complexes.

·    The greenstone package includes mafic to ultramafic volcanic rocks along with sedimentary units including chert.

·    The greenstones are intruded by the Andover Intrusive Complex, consisting of a series of gabbro and pyroxenite intrusions.

·    Sulphide mineralisation consisting of chalcopyrite, cobaltite, pyrrhotite, pentlandite and pyrite appear to localise in varying quantities near some of these intrusions, particularly when associated with an earlier shear or splay associated with the Regal Thrust.

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.

·    No drilling undertaken as part of this program.

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.

·    No data aggregation or intercept calculations are included in this release.

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').

·    No drilling undertaken as part of this program.

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.

·    Representative plans are provided in this report.

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.

·    The report is considered balanced and provided in context.

·    Further exploration including geophysical surveys, mapping, sampling, and other exploration activities are required to fully understand the results in greater detail.

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.

·    Historical data collected by Artemis Resources was used to choose the sites for the Ultrafine soils program.

·    Europa Gravity and Marillion EM targets announced 14 November 2022.

·    Titan identified as potential gold exploration target from 2018 ionic soils program announced 5 November 2018.

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.

·    The Company plans to complete mapping, geochemical sampling including rock and Ultrafine soil sampling and geophysical surveys to further investigate the potential for the Greater Carlow project to host additional mineralisation including gold, copper, cobalt, and nickel.

 

 

 

 

 

 

 

 

 

 



[1] See GRE ASX Announcement dated 7 July 2023

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. 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
 
 
UK 100

Latest directors dealings