HERITAGE SURVEY SCHEDULED

Artemis Resources Limited

02 July 2024

 

2 July 2024

Artemis Resources Limited

("Artemis" or the "Company")

heritage survey scheduled for mt marie and lulu creek

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Highlights:

·    Heritage survey scheduled to commence 3 July 2024

·    Survey to cover both the remaining uncleared area of the Lulu Creek gold project and the Mt Marie Lithium project

·    Program aims to clear priority drilling target areas on both projects

·    Lulu Creek gold project is along a broader prospective structural corridor

·    The clearance over the Mt Marie lithium prospect includes locations where high grade rock chips, including multiple results >4% Li₂O have been previously reported

Artemis Resources Limited ('Artemis' or the 'Company') (ASX/AIM: ARV) is pleased to announce an update on heritage surveys within the Company's tenure located in the Pilbara region of Western Australia.

Executive Director George Ventouras commented: "We are excited with the confirmation of heritage survey dates over priority drilling target areas. Both the Lulu Creek and Mt Marie projects hold high prospectivity for their respective commodities.

Once these surveys have been completed and reports received, it will clear the pathway for drilling of these targets."

The Heritage survey has been scheduled to commence on the 3^rd July and is estimated to take 3-4 days. This survey will clear the pathway to commence drilling at both the Lulu Creek and Mt Marie projects and covers locations thought to be most prospective for gold and lithium respectively.

Heritage surveys are required to be completed to ensure that no sacred or important sites are disturbed and no important historical artefacts are destroyed. Successful completion of these surveys and the receipt of a written report are requirements for the Company to undertake ground disturbing activities such as drilling.

The Mt Marie project feature multiple rock chip assay results greater than 4% Li₂O. The greater area is highly prospective for lithium mineralisation as can be seen from the Azure Minerals Ltd Andover project to the east of Mt Marie and where an exploration target of 100-240mt @ 1.00-1.5% Li₂O was reported.

The Lulu Creek project was identified via prior drilling and is also the recipient of a co-funded Government drilling grant.

Figure 1.  Artemis tenements in the West Pilbara.

Figure 2.  Lulu Creek Gold project in the West Pilbara.

Figure 3.  Artemis Mt Marie lithium project in the West Pilbara

Once the clearance survey has been completed and reports received, the technical team will be able to finalise programs and schedule drilling accordingly.

The Company has been working closely with the Ngarluma Traditional Owners and   is grateful for their support and cooperation.

This announcement was approved for release by the Board.

For further information on the Company, please visit www.artemisresources.com.au or contact: 

Artemis Resources Ltd Guy Robertson, Chairman George Ventouras, Executive Director [e-mail] WH Ireland Limited (Nomad & Broker) Antonio Bossi / James Bavister / Isaac Hooper  Tel:  [phone]

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 Karratha Gold Project (inclusive of the Carlow 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.

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

ASX announcement referred to in this release

ASX Announcement, Artemis Resources Ltd, 13 October 2022

ASX Announcement, Azure Minerals Ltd, 7 August 2023

ASX Announcement, Artemis Resources Ltd, 13 November 2023

ASX Announcement, Artemis Resources Ltd, 9 May 2024

ASX Announcement, Artemis Resources Ltd, 5 February 2024

Competent Person Statement

The information in this report that relates to exploration results was prepared by;

Mr Oliver Hirst, a Competent Person who is a member of the Australasian Institute of Mining and Metallurgy (MAusIMM). Mr Hirst is a technical consultant to Artemis Resources. Mr Hirst 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 Hirst consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.

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.

 

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