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REG - Artemis Resources Ld - Drill Update Titan East

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RNS Number : 1987F  Artemis Resources Limited  29 October 2025

 

29 October 2025

 

The information contained within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulation ("MAR")
(EU) No. 596/2014, as incorporated into UK law by the European Union
(Withdrawal) Act 2018. Upon the publication of this announcement, this inside
information is now considered to be in the public domain.

 

Artemis Resources Limited

 

("Artemis" or "The Company")

 

Drill Update Titan East

 

5m @ 13.1g/T Gold Intersected Within 20m Mineralised Zone in First Drill Hole
to Test New Target at Titan East

 

Highlights

 

·      First Reverse Circulation (RC) drill hole to test an interpreted
shear zone at the Titan East Prospect produced an outstanding intersection of
5m @ 13.1g/t gold from 132m down hole in 25ARRC006.  There is no previous
drilling along the shear zone.

 

·      The high-grade gold intersection is associated with vein quartz
within a 20m mineralised interval which includes other elevated gold assays
between 0.1g/t Au up to 0.78g/t gold.

 

·      Assay results awaited from a second RC hole, 25ARRC024, drilled
50m east of 25ARRC006 which intersected several intervals of vein quartz
starting from 28m depth.

 

·      The interpreted NE trending shear zone which hosts the gold
intersected in 25ARRC006 is covered by transported sediments and is parallel
to the Regal Thrust, which outcrops as a prominent chert ridge 300 metres to
the south.

 

·      Diamond drilling is planned to start late November to determine
orientation of the quartz veins and potential for extensions along the
interpreted shear zone.

 

Artemis Resources (ASX: ARV) (Artemis or the Company) is pleased to report a
high-grade gold intersection in the first RC hole testing an interpreted NE
trending shear zone at the Titan East Prospect, 1.5km west of the Carlow
gold-copper resource 1  (#_ftn1) .

Significant intersection - 25ARRC006 (all assays received):

·      5m @ 13.1 g/t Au from 132-137 m, including 3m @ 20.9 g/t Au from
133m.

·      The high-grade gold intersection is associated with abundant vein
quartz.

·      High-grade gold occurs within a 20m interval of elevated gold
values from 131m.

Step-out hole - 25ARRC024 (assays pending):

·      Several intervals of vein quartz identified between approximately
28m and 57m.

·      Vein quartz occurs within altered and sheared ultramafic, mafic
and sedimentary units.

·      Hole 25ARRC024 also appears to have drilled through the
interpreted shear zone.

 

Jozsef Patarica, Executive Director, commented:

"Titan East is a brand-new, shear-hosted gold target just 1.5km from Carlow.
Hitting 5m @ 13.1 g/t Au in the first RC hole is an excellent start and
supports our strategy to build scale around Carlow by finding additional,
nearby gold resources. Given the very encouraging gold intercept we have
arranged for diamond drilling to begin in late November to define the true
widths and orientation."

"While we await more assays from the RC drilling, these results have greatly
increased our confidence in the potential at Titan and the wider Carlow
area.  Apart from the three diamond holes drilled in the March quarter which
returned a very promising result of 1m @ 16.6g/t Au and the recent 18 RC drill
holes, Titan is completely untested."

Titan East

Titan is a large, structurally complex area along the northern side of the
Regal Thrust which outcrops as a regional chert ridge offset by NW-trending
cross cutting faults. The central part of Titan is largely covered by
transported cover which limits surface geochemical exploration.

During September and early October, Artemis completed 18 widely spaced RC
holes (1,758m) across two target areas at Titan.  The targets tested by the
RC drilling are Titan East, at the intersection of two major structural trends
(refer to Figures 1 and 2) and the G1 gravity anomaly, 700m west of Titan
East.

Previous March-quarter diamond drill holes (25ARDD003-005) and the recent RC
drill holes intersected sheared and altered ultramafics, sediments, mafic
volcanics and a porphyry sill. Assay results are pending for many of the
recent RC holes at Titan including 25ARRC024 drilled 50m east of 25ARRC006.
25ARRC024 intersected several intervals with vein quartz between approximately
28m and 57m down hole within altered ultramafic, mafic units and sediments.

A further update will be provided once all RC drill hole assays are received.
(Refer Figures 1-3).

 

.

Figure 1: Simplified geology of Carlow area showing Regal Thrust Zone, Carlow
resource outline and Titan East and G1 drill targets.  Also showing location
of the Europa and Chapman/Thorpe satellite exploration prospects

 

Figure 2: Satellite image of Titan East showing location of RC drill holes,
two main structural trends (Interpreted Shear Zone and Offset Faults) and base
of outcropping Regal Thrust chert ridge

 

Figure 3: Preliminary cross section through RC drill holes 25ARRC006 and
25ARRC024, looking North

 

 

Table 1: RC hole 25ARRC006 - elevated and high-grade gold assays for 1m and 2m
sample intervals, 131m-151m

 

 

 HOLE       EAST      NORTH    Grid           RL_m   DIP  TN_Azi  Depth_m
 25ARRC006  505935.9  7699331  MGA94_Zone_50  19.63  -60  45      162

Table 2: Drill hole parameters for RC hole 25ARRC006

 

Next steps

·      Receive and report outstanding RC drill hole assays, including
for hole 25ARRC024.

·      Commence diamond drilling (targeting late November) to determine
mineralised vein orientations, true widths and strike/plunge potential.

·      Integrate results from Titan East and G1 Target into Carlow
strategy for follow-up drilling.

 

For more information, please visit  www.artemisresources.com.au
(http://www.artemisresources.com.au/)

This announcement was approved for release by the Board.

 Artemis Resources Ltd                        info@artemisresources.com.au (mailto:info@artemisresources.com.au)
 Julian Hanna, Technical Director

 Jozsef Patarica, Executive Director

 Zeus (Nomad & Broker)

 Antonio Bossi / James Bavister /

 Gabriella Zwarts

Tel:  +44 20 3829 5000

info@artemisresources.com.au (mailto:info@artemisresources.com.au)

 

 

 

Tel:  +44 20 3829 5000

 

 

Competent Person Statement

The information in this report that relates to Exploration Results was
compiled by Mr Julian Hanna, a Competent Person who is a member of the
Australasian Institute of Mining and Metallurgy (MAusIMM). Mr Hanna is
Technical Director of Artemis Resources Ltd and 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 Hanna consents
to the inclusion in this report of the matters based on his 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 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.

 

Forward Looking Statements

This announcement contains historical facts, interpretations and statements
relating to the Company's current exploration projects, drill targets, plans,
estimates, objectives, and strategies which are forward-looking statements.
Such forward-looking statements involve known and unknown risks, uncertainties
and other important factors beyond the Company's control that could cause the
actual results, performance, or achievements of the Company to be materially
different from future results, performance or achievements expressed or
implied by such forward-looking statements. Accordingly, any reliance you
place on such forward-looking statements will be at your sole risk and the
Company expressly disclaims any obligation or undertaking to disseminate any
updates or revisions to any forward-looking statements contained in this
announcement to reflect any changes in its expectations with regard thereto or
any change in events, conditions or circumstances on which any statement is
based. The information contained in this announcement is subject to change
without notice. No representation or warranty, express or implied, is given as
to the accuracy, completeness or fairness of the information or opinions
contained in this announcement and no liability is accepted by the Company or
any of its directors, members, officers, employees, agents, or advisers for
any such information or opinions.

_____________________________________________________________________________

About Artemis Resources

Artemis Resources (ASX/AIM:ARV) is a gold and copper focused resources company
with a highly attractive suite of projects including projects in Western
Australia's underexplored North Pilbara Gold Province and at the Cassowary
Exploration Project located 440km east of Kalgoorlie in Western Australia.

·      Attractive projects:

o  Gold/Copper - Karratha Gold Project (100%) multiple prospects incl:
Carlow, Titan, Thorpe

o  Copper/Gold - Cassowary Exploration Project - large IOCG type targets

o  Paterson Gold/Copper Project - adjacent to Havieron Mine (owned Greatland
Gold)

o  Lithium - Artemis/Greentech Lithium JV: Mt Marie, Kobe, Osborne

·      Highly strategic location: Tier 1 jurisdiction, close proximity
to major hub at Karratha including regional rail and road infrastructure,
administrative centre and Dampier Port

·      Significant exploration upside: highly prospective tenure package
in the Pilbara Region of Western Australia which is rapidly emerging gold
province dominated by >12Moz Au Hemi Project

·      Mineral Resource with growth potential: existing high-grade
gold-copper Mineral Resource at Carlow

·      Established processing site at Radio Hill: strategically located,
fully permitted

·      Cassowary Exploration Project: Artemis holds a granted 341km(2)
exploration licence covering the large, interpreted Cassowary Intrusion
prospective for IOCG type copper/gold and has four other exploration licence
applications to cover other interpreted intrusions within a 30-40km wide
interpreted rift zone

 

Appendix 1 JORC Table

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            RC Drilling
                                                          specific specialised industry standard measurement tools appropriate to the

                                                          minerals under investigation, such as down hole gamma sondes, or handheld XRF    ·   Reverse Circulation drilling (RC) at Titan East was undertaken to
                                                          instruments, etc). These examples should not be taken as limiting the broad      obtain samples that were laid out in one metre intervals.
                                                          meaning of sampling.

                                                                                ·   Samples submitted for assay were either composites of two metre
                                                          ·   Include reference to measures taken to ensure sample representivity and      lengths, or single metre samples. Spacing determined by logging geologist.
                                                          the appropriate calibration of any measurement tools or systems used.

                                                                                ·   Single metre samples are ~ 3kg samples obtained directly from the
                                                          ·   Aspects of the determination of mineralisation that are Material to the      secondary port of the cone splitter.
                                                          Public Report.

                                                                                ·   Composites were produced by representatively sampling each individual
                                                          In cases where 'industry standard' work has been done this would be relatively   drill spoil pile to be included in the composite.
                                                          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    ·   Sampling of the drill spoil for assay was undertaken by scoop method
                                                          cases more explanation may be required, such as where there is coarse gold       into numbered calico bags.
                                                          that has inherent sampling problems. Unusual commodities or mineralisation

                                                          types (eg submarine nodules) may warrant disclosure of detailed information.     ·   Samples were dispatched to ALS Global Laboratories in Perth for
                                                                                                                                           analysis.

                                                                                                                                           ·   Analysis included:

                                                                                                                                           •    Au-AA26 - Au 50g FA AA finish

                                                                                                                                           •    ME-MS61 - 48 elements Ultra-Trace Four-Acid Digestion with ICP MS
                                                                                                                                           and ICP-AES

 Drilling techniques                                      Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast,    ·   Drilling was completed using the RC method. A standard RC hammer bit
                                                          auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard     was used, with chip samples returned within the drill pipe and recovered
                                                          tube, depth of diamond tails, face- sampling bit or other type, whether core     through a cyclone.
                                                          is oriented and if so, by what method, etc).

                                                                                                                                           ·   Holes were drilled towards North at various dips and to varying depths.

                                                                                                                                           All holes were surveyed using a North Seeking Gyro for downhole surveys
                                                                                                                                           undertaken at 5 or 10m intervals.
 Drill sample recovery                                    ·   Method of recording and assessing core and chip sample recoveries and        ·   The geologist visually assessed and digitally recorded drill sample
                                                          results assessed.                                                                recoveries during the program. Recoveries were overall very good with 98% of

                                                                                the sample intervals recovered >75%, discounting overburden
                                                          ·   Measures taken to maximise sample recovery and ensure representative

                                                          nature of the samples.                                                           ·   Drill cyclone was cleaned regularly between holes if required to

                                                                                minimise down hole or cross-hole contamination.
                                                          Whether a relationship exists between sample recovery and grade and whether

                                                          sample bias may have occurred due to preferential loss/gain of fine/coarse       ·   Samples were almost entirely dry, with little water encountered in the
                                                          material.                                                                        drilling.

                                                                                                                                           No relationship between sample recovery and grade has been recognised.
 Logging                                                  ·   Whether core and chip samples have been geologically and geotechnically      RC Drilling
                                                          logged to a level of detail to support appropriate Mineral Resource

                                                          estimation, mining studies and metallurgical studies.                            ·   All drill holes have been logged, using sieved rock chips from the

                                                                                drill samples to industry best standards for lithology, alteration,
                                                          ·   Whether logging is qualitative or quantitative in nature. Core (or           mineralisation using a specific set of logging codes to ensure consistency in
                                                          costean, channel, etc) photography.                                              logging.

                                                          The total length and percentage of the relevant intersections logged.            ·   Logging has been quantitative in nature.

                                                                                                                                           ·   The level of geological detail is commensurate with nature and
                                                                                                                                           limitations of this exploratory drilling technique.

                                                                                                                                           ·   The current drill-spacing is insufficient for Resource Estimation.

                                                                                                                                           ·   All sampling data has been stored directly into an in-house developed
                                                                                                                                           Access data management system.

                                                                                                                                           ·   All drill holes were logged in full.

                                                                                                                                           ·   All logging and sampling undertaken under the supervision of a
                                                                                                                                           qualified geologist.

 Sub-sampling techniques and sample preparation           ·   If core, whether cut or sawn and whether quarter, half or all core           RC Drilling
                                                          taken.

                                                                                RC drill spoil samples were collected by traversing each sample pile
                                                          ·   If non-core, whether riffled, tube sampled, rotary split, etc and            systematically by scoop to obtain similar volumes of representative material
                                                          whether sampled wet or dry.                                                      for either a single metre interval or a composite interval of 2m.

                                                          ·   For all sample types, the nature, quality and appropriateness of the         This is regarded as a fit for purpose sampling regime for the type of drilling
                                                          sample preparation technique.                                                    and the current stage of exploration.

                                                          ·   Quality control procedures adopted for all sub-sampling stages to            ·   The drill samples were almost entirely dry, with very few moist
                                                          maximise representivity of samples.                                              samples.

                                                          ·   Measures taken to ensure that the sampling is representative of the          ·   Where composite samples were taken, equal amounts of sample were taken
                                                          insitu material collected, including for instance results for field              from each of the constituent sample piles.
                                                          duplicate/second-half sampling.

                                                                                ·   Field duplicate sampling was also undertaken at an approximate ratio of
                                                          ·   Whether sample sizes are appropriate to the grain size of the material       1:25.
                                                          being sampled.

                                                                                                                                           ·   The samples were then sent to ALS Laboratory for sample preparation and
                                                                                                                                           analysis.

                                                                                                                                           ·   The sample sizes are appropriate for the style of mineralisation being
                                                                                                                                           investigated.

 Quality of assay data and laboratory tests               ·   The nature, quality and appropriateness of the assaying and laboratory       RC Drilling
                                                          procedures used and whether the technique is considered partial or total.

                                                                                ·   Samples were dispatched to ALS Global Laboratories in Perth for
                                                          ·   For geophysical tools, spectrometers, handheld XRF instruments, etc,         analysis.
                                                          the parameters used in determining the analysis including instrument make and

                                                          model, reading times, calibrations factors applied and their derivation, etc.    ·   Samples underwent High Grade Fire Assay fusion (50 g) - lead flux with

                                                                                Ag collector and Au amount determined by ALS method Au-AA26 and for
                                                          Nature of quality control procedures adopted (eg standards, blanks,              multi-element analysis a four-acid "near" total digest (HF-HNO3- HClO4) has
                                                          duplicates, external laboratory checks) and whether acceptable levels of         been undertaken on a 0.25 g sub-sample to quantitatively dissolve most
                                                          accuracy (ie lack of bias) and precision have been established.                  geological materials, ALS method ME-MS61.

                                                                                                                                           ·   All finalised assay certificates signed off by qualified assayer.

                                                                                                                                           ·   ALS Global Ltd is an ISO certified organisation with industry leading
                                                                                                                                           quality protocols.

                                                                                                                                           ·   The analytical technique used for gold is considered a total assay
                                                                                                                                           technique.

                                                                                                                                           ·   For multi-element analysis a four-acid digest has been undertaken on a
                                                                                                                                           0.25 g sub-sample to quantitatively dissolve most geological materials, with
                                                                                                                                           analysis via ICP-MS + ICP-AES.

                                                                                                                                           ·   Certified Reference Materials (CRM) including three different gold
                                                                                                                                           grade standards and blanks have been submitted within the samples stream at a
                                                                                                                                           frequency of approximately 1 every 35 samples.

                                                                                                                                           ·   Field duplicates collected at a ration 1:25.

                                                                                                                                           ·   Quality control data has been plotted on charts with control limits at

                                                                                                                                           ·   +/-1σ, +/- 2σ and +/-3σ standard deviations to monitor the level of

                                                                                                                                           ·   contamination, accuracy, and precision.

                                                                                                                                           ·   QAQC report reviewing field duplicate imprecision (C.V.), field
                                                                                                                                           duplicate bias, blanks and CRM actual deviation and lab pulp sizing compiled
                                                                                                                                           immediately after laboratory results were received.

                                                                                                                                           ·   All QAQC results have been reviewed by the ARV Competent Person who
                                                                                                                                           considers the results to be within acceptable limits. Therefore, the assay
                                                                                                                                           results presented are considered accurate and correct.

                                                                                                                                           ·   ALS internal CRMs and duplicates have also reported prior to release of
                                                                                                                                           finalised certificates.
 Verification of sampling and assaying                    ·   The verification of significant intersections by either independent or       RC Drilling
                                                          alternative company personnel.

                                                                                ·   The significant intersections have been reviewed by other ARV
                                                          ·   The use of twinned holes.                                                    geologists.

                                                          ·   Documentation of primary data, data entry procedures, data                   ·   No hole twinning has been undertaken
                                                          verification, data storage (physical and electronic) protocols.

                                                                                ·   All sampling and analytical data has been stored directly into an in-
                                                          ·   Discuss any adjustment to assay data.                                        house developed Access data management system,

                                                                                                                                           ·   All data has been maintained, validated, and managed by administrative
                                                                                                                                           geologist,

                                                                                                                                           ·   Analytical results received from the lab have been loaded directly into
                                                                                                                                           the database with no manual transcription of these results undertaken,

                                                                                                                                           ·   Original lab certificates have been stored electronically. No
                                                                                                                                           adjustment to assay data has been undertaken. Below detection limit data
                                                                                                                                           presented as 1/2 of the lower detection limit of the method and over the
                                                                                                                                           detection limit results presented as the upper detection limit of the method

 Location of data points                                  ·   Accuracy and quality of surveys used to locate drill holes (collar and       RC Drilling
                                                          down-hole surveys), trenches, mine workings and other locations used in

                                                          Mineral Resource estimation.                                                     ·   Drill collar locations have been set with handheld GPS (+/-3 m) and

                                                                                collar orientation using Reflex survey method,
                                                          ·   Specification of the grid system used.

                                                                                ·   During drilling, down hole surveys at every 5 or 10m intervals have
                                                          Quality and adequacy of topographic control.                                     been completed using north seeking Gyro.

                                                                                                                                           ·   All locations recorded using GDA94/MGA UTM Zone 50.

 Data spacing and distribution                            ·   Data spacing for reporting of Exploration Results.                           RC Drilling

                                                          ·   Whether the data spacing and distribution is sufficient to establish         ·   Drill holes are continuously sampled from top of hole to end of hole.
                                                          the degree of geological and grade continuity appropriate for the Mineral

                                                          Resource and Ore Reserve estimation procedure(s) and classifications applied.    ·   Sections are orientated 45 to the North and approximately.

                                                          Whether sample compositing has been applied.                                     ·   Drill holes are inclined approximately -60 from the horizontal.

                                                                                                                                           ·   The spacing and distribution of the current drill holes is considered
                                                                                                                                           sufficient for the testing of specific targets.

                                                                                                                                           ·   This spacing for the holes reported is not adequate to result in a
                                                                                                                                           resource estimate.

                                                                                                                                           ·   Drill samples were taken at 1m intervals or composited over 2m
                                                                                                                                           intervals prior to being submitted to the laboratory, honouring geological
                                                                                                                                           contacts, state of oxidation-weathering and observable mineralisation.

 Orientation of data in relation to geological structure  ·   Whether the orientation of sampling achieves unbiased sampling of            RC Drilling
                                                          possible structures and the extent to which this is known, considering the

                                                          deposit type.                                                                    ·   The regional stratigraphy has a steep southerly dip and the contained

                                                                                mineralisation comprising the Titan East prospect has an interpretive steep
                                                          If the relationship between the drilling orientation and the orientation of      southerly dip and drilling orientated 45(o)  to the Northeast with a hole
                                                          key mineralised structures is considered to have introduced a sampling bias,     inclination of 60deg.
                                                          this should be assessed and reported if material.

                                                                                                                                           ·   The true orientation of potential mineralised bodies in this area is
                                                                                                                                           poorly understood.

 Sample security                                          The measures taken to ensure sample security.                                    ·   Sample security is by way of chain of custody.

                                                                                                                                           ·   All drill samples collected during the program are freighted by road
                                                                                                                                           transport directly to the ALS laboratory in Perth for submission.

                                                                                                                                           Sample security was not considered a significant risk to the project. Only
                                                                                                                                           employees of Artemis Resources and APEX Geoscience were involved in the
                                                                                                                                           collection, short term storage (in a remote area), and delivery of samples.
 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                ·   The RC program was entirely conducted on E47/1797.
                                                                   agreements or material issues with third parties such as joint ventures,

                                                                   partnerships, overriding royalties, native title interests, historical sites,    ·   All Artemis Project tenures are 100% owned by Artemis Resources
                                                                   wilderness or national park and environmental settings.                          subsidiary company KML No 2 Pty Ltd E47/1746 & E47/1797 with the exception

                                                                                of E47/3719 which is subject to a GreenTech Metals/Artemis Resources 51%/49%
                                                                   The security of the tenure held at the time of reporting along with any known    Joint Venture
                                                                   impediments to obtaining a licence to operate in the area.

                                                                                                                                                    Tenements are in good standing with DEMIRS and there are no known impediments
                                                                                                                                                    for exploration on these tenements.
 Exploration done by other parties                                 Acknowledgment and appraisal of exploration by other parties.                    Previous explorers in the region include but not limited to are Westfield
                                                                                                                                                    Minerals, Consolidated Gold Areas, Open Pit Mining and Exploration, Legend
                                                                                                                                                    Mining, Agip Exploration, Titan Resources and Fox Resources.
 Geology                                                           Deposit type, geological setting and style of mineralisation.                    Surface mineralisation is interpreted to be consistent with structurally
                                                                                                                                                    controlled shear zone mineralisation. Implications for intrusion related
                                                                                                                                                    mineralised systems is also considered.
 Drill hole Information                                            ·   A summary of all information material to the understanding of the            ·   Drill hole collar locations are recorded in the body of the release.
                                                                   exploration results including a tabulation of the following information for

                                                                   all Material drill holes:                                                        ·   Drilling was conducted at the natural land surface. Elevations of drill

                                                                                holes have been obtained by handheld GPS.
                                                                   o easting and northing of the drill hole collar

                                                                                ·   Hole 25ARRC006 was drilled to 162m and 25ARRC024 was drilled to 140m.
                                                                   o elevation or RL (Reduced Level - elevation above sea level in metres) of the

                                                                   drill hole collar                                                                Laboratory analyses have been partially completed on all the samples collected

                                                                                from the drilling to date, 25ARRC006 has had all laboratory analyses completed
                                                                   o dip and azimuth of the hole                                                    and certified.

                                                                   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.

 Data aggregation methods                                           In reporting Exploration Results, weighting averaging techniques, maximum       Not applicable as no data aggregation has been used.
                                                                   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.

 Relationship between Mineralisation widths and intercept lengths   These relationships are particularly important in the reporting of             RC Drilling
                                                                   exploration results

                                                                                ·      The hoels drilled were exploration in nature
                                                                   ·          In the geometry of the mineralisation with respect to the

                                                                   drill hole angle is known, its nature should be reported.                        ·      Downlhole length only reported, true width is not known.

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

 Diagrams                                                           Appropriate maps and sections (with scales) and tabulations of intercepts       All the appropriate maps are provided in the body of this announcement
                                                                   should be included for any significant discovery being reported These should

                                                                   include, but not be limited to a plan view                                       Refer to figures and tables in the body of the ASX release. While significant
                                                                   of drill hole collar locations and appropriate sectional views.                  results have been highlighted in accompanying Tables, the reconnaissance
                                                                                                                                                    nature of much of the RC may result in many holes containing no significant
                                                                                                                                                    intersections.
 Balanced reporting                                                ·   Where comprehensive reporting of all Exploration Results is not              This announcement discusses the findings of completed RC drilling activities
                                                                   practicable, representative reporting of both low and high grades and/or         and certified assays returned 27/10/2025.
                                                                   widths should be practiced to avoid misleading

                                                                   reporting of Exploration Results.
 Other substantive exploration data                                Other exploration data, if meaningful and material, should be reported           ·      Previous drilling completed by Artemis Resources Titan    East
                                                                   including (but not limited to): geological observations; geophysical survey      Prospect
                                                                   results; geochemical survey results; bulk samples - size and method of

                                                                   treatment; metallurgical test results; bulk density, groundwater, geotechnical   ·     Total of 3 drill holes for 548.2m completed at Titan East prospect
                                                                   and rock characteristics; potential deleterious or contaminating substances.     best intercept at Titan East prior to this release included 25ARDD004 - 1m @
                                                                                                                                                    16.4gpt Au from 67m; (refer to ASX release 28th April 2025)

 Further work                                                      ·   The nature and scale of planned further work (eg tests for lateral           Diamond and RC drilling to commence shortly at Carlow licence to test
                                                                   extensions or depth extensions or large-scale step-out drilling).                orientation of interpreted shear zone, and follow up the high grade

                                                                                intersection in 25ARRC006
                                                                   ·   Diagrams clearly highlighting the areas of possible extensions,

                                                                   including the main geological interpretations and future drilling areas,
                                                                   provided this information is not commercially sensitive.

 

 1  Refer ARV ASX announcement on 13 October 2022

 

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