Artemis Resources Ld - Titan East Discovery

Artemis Resources

17/12/2025 07:00

RNS Number : 3052M

Artemis Resources Limited

19 December 2025

 

The following amendments have been made to the 'Titan East Discovery' announcement released on 17 December 2025 at 7am under RNS No 8137L.

 

A number of changes have been made at the request of the ASX. Depths have been added to intersection disclosures in the text. References to five of the six holes intersections in phase two showing results consistent with gold bearing systems has been removed. For phase three, detail has been added noting that detailed logging and sampling of the drill core is planned in early January. Detail has been added regarding drill core from hole 25ARDD006 included in Figures 5 and 6:

•        There are no identified or reported visual occurrences of gold mineralisation

•        There are no visible minerals which could provide an estimate of possible gold abundance

•        Samples will be sent for analysis in early January with results expected in March quarter

The Company has also included a Cautionary Statement under Figure 6.

 

A number of other minor wording edits have been made.

 

All other details remain unchanged.

 

The full amended text is shown below.

 

 

19 December 2025

 

Titan East Discovery: 19m @ 1.6g/t Au Confirms Emerging Gold Zone

Follow-up Diamond Drilling underway

 

 Highlights

 

·    Discovery intersection of 19m @ 1.6g/t Au from 127m in hole 25ARRC025 within newly identified Titan East shear zone.

·    This follows a standout high-grade intersection of 5m @ 13.1 g/t Au from 132m in hole 25ARRC006[1], announced 29 October, confirming the significance of the Titan East shear zone.

·    Results from 25ARRC025 are the first received from a six-hole RC program in November testing a 600m strike length of the shear zone, with numerous assays pending from five RC holes.

·    Visual results from other RC holes are very encouraging, with several holes intersecting broad zones of alteration and veining.

·    Diamond drilling commenced on 10 December to obtain geological and assay information to assist in defining the scale and orientation of the interpreted shear zone.

·    The first diamond hole, 25ARDD006 has drilled across the shear zone with core photos from 25ARDD006 included in Figures 5 & 6.

·    The December quarter RC and diamond drilling programs at Titan East are expected to underpin a substantial follow-up drilling campaign planned for early 2026.

 

Artemis Resources (ASX: ARV) (Artemis or the Company) is pleased to report that recent work at Titan East has evolved from early encouraging drilling results to a standout high-grade intercept, now complemented by a wide gold intersection, supporting the acceleration of drilling as the Company advances exploration of a newly identified gold zone.

Jozsef Patarica, Executive Director, commented:

"Drilling at Titan East continues to demonstrate the potential for a significant, coherent mineralised system beneath shallow cover. The combination of the previously reported high-grade intercept in hole 25ARRC006 and the newly reported wide intersection in 25ARRC025 reinforces our interpretation of a potentially substantial shear-hosted gold structure with encouraging width and continuity.

While numerous assays from five RC holes and one diamond hole remain pending, the consistency of alteration, veining and mineralisation observed across multiple holes provides increasing confidence in the potential of this emerging zone. The commencement of diamond drilling marks an important step in advancing our geological understanding, with structural information from this hole expected to materially inform follow-up targeting and drilling design.

Titan East represents a compelling growth opportunity within the broader Carlow Gold-Copper Project, and results from the current programs are expected to underpin an expanded drilling campaign in early 2026"

 

Strategic Context and Program Overview

Initial RC drilling earlier this year[2], targeting strong rock-chip samples at surface[3], provided early encouragement that Titan East may host a mineralised structure beneath shallow cover. These results established the area as a credible new target located only 1.5km from the existing Carlow deposit (Inferred Resource 374koz Au and 64kt Cu [4]).

The subsequent drilling program materially upgraded the prospectivity of the area, returning an exceptional high-grade intersection of 5m @ 13.1g/t Au from 132m in hole 25ARRC006. This result identified the potential of the newly identified interpreted shear zone and provided a clear rationale to accelerate follow-up exploration.

Building on this momentum, Artemis completed a follow-up six hole RC drilling program in November along a 600m strike length of the interpreted shear zone. Several holes intersected broad zones of alteration and veining consistent with gold-bearing systems, with selective intervals submitted for fast-track analysis.

Assay results from the first hole of this program returned a wide intersection of 19m @ 1.6g/t Au from 127m in hole 25ARRC025. Encouraged by these early results, the Company has moved quickly to commence diamond drilling to define the geometry and scale of the mineralised structure.

 

 

 

Figure 1: Interpreted Long Section showing geological/structural interpretation, Titan East discovery drill hole intersections, outline of Carlow Resource and planned drill holes to test extensions to known high grade gold and copper mineralisation during March quarter 2026

 

 

Titan East - Summary of Recent and Current Drilling

Phase One:

Ten RC holes were drilled in September 2025 to test three priority targets at Titan East (Figure 1). Two of the RC holes intersected a previously untested mineralised structure, interpreted to be a wide north-east trending shear zone beneath shallow cover, with holes 25ARRC006 and 25ARRC024 returning broad intervals of gold mineralisation (Tables 1-2). Drilling away from the interpreted shear zone returned no significant intersections.

 

Phase Two:

Six follow-up RC holes (25ARRC025-030) were completed in November 2025 along a 600m strike length to assess the potential of the interpreted shear zone highlighted in Phase One. Five of the six holes intersected broad zones of alteration and veining and fast track assay results for the first hole, 25ARRC025 resulted in an intersection 19m @ 1.6g/t Au from 127m, including 6m @ 2.63g/t Au from 131m (Refer to Table 3).

 

Phase Three:

A 300m diamond drill hole (25ARDD006) commenced on 10 December to provide structural information across the shear zone and test potential for extensions to the high-grade gold mineralisation in 25ARRC006.  25ARDD006 has intersected a wide interval with strong quartz veining above a strongly altered contact at the base of the shear zone (Figures 5 and 6).  Drilling was completed on 18 December.  Detailed logging and sampling of the drill core is planned in early January with assay results expected later in the March quarter.

Figure 2: Carlow tenement showing outline of Carlow gold-copper deposit, location of Titan East and access to Carlow Project area from Karratha

 

Figure 3: Geological and structural interpretation of Carlow tenement showing Carlow gold-copper deposit, interpreted shear zones and high-grade gold intersections at Titan East

Figure 4: Satellite image of Titan East showing completed RC drill holes and location of the diamond drill hole (25ARDD006 - green star) testing the basal contact of the shear zone.



Figure 5: 25ARDD006 - drill core from 140.0-164.8m showing intensive quartz veining and related alteration within interpreted Titan East shear zone (assays pending)

Figure 6: 25ARDD006 - drill core from 164.8-185.0m showing strong alteration associated with basal contact of interpreted Titan East shear zone (assays pending)

 

Regarding drill core from hole 25ARDD006 included in Figures 5 and 6 above:

·    There are no identified or reported visual occurrences of gold mineralisation

·    There are no visible minerals which could provide an estimate of possible gold abundance

·    Samples will be sent for analysis in early January with results expected in March quarter

 

Cautionary Statement
Artemis emphasises that visual interpretations of drill core shown in Figures 5 and 6, including: intensive quartz veining within the interpreted Titan East shear zone and strong alteration associated with the basal contact of the interpreted shear zone - are not intended to indicate the presence of possible gold mineralisation. Laboratory analysis of samples of drill core is required to determine if any gold mineralisation is associated with the quartz veining or alteration.

 

 

 

 

Titan East - Next Steps

·    Complete logging of diamond hole 25ARDD006, send samples for assay in early January

·    Receive assay results from 5 RC holes and diamond hole - expected March quarter 2026

·    Follow-up RC and diamond drilling along shear zone - planned March quarter 2026

·    Updated geological model and next set of targets - planned late March quarter 2026

 

Figure 7: Project Geologist Tony Sheehan with drill chips from 25ARRC025 (140-160m) including veined, altered ultramafic sequence and sediments (Refer Table 3) 

Table 1: 25ARRC006 - high-grade gold intersection announced 29 October 2025 within 20m

 wide (131m-151m) interval of strongly elevated gold assays within Titan East shear zone[5]

Collar
From
To
Width
Au g/t
25ARRC024
116
118
2
0.34
25ARRC024
118
119
1
0.81
25ARRC024
119
120
1
0.09
25ARRC024
120
121
1
0.03
25ARRC024
121
122
1
0.01
25ARRC024
122
123
1
0.03
25ARRC024
123
124
1
0.13
25ARRC024
124
125
1
0.03
25ARRC024
125
126
1
0.16
25ARRC024
126
127
1
0.39
25ARRC024
127
128
1
0.24
25ARRC024
128
129
1
0.16
25ARRC024
129
130
1
0.19
25ARRC024
130
131
1
0.06
25ARRC024
131
132
1
0.02
25ARRC024
132
133
1
0.05
25ARRC024
133
134
1
0.08
25ARRC024
134
135
1
0.61
25ARRC024
135
136
1
0.5
25ARRC024
136
137
1
0.06
25ARRC024
137
138
1
0.06
25ARRC024
138
139
1
0.06
25ARRC024
139
140
1
0.72

 

Table 2: 25ARRC024 - strongly elevated gold assays for 1m sample intervals within 24m wide (116m-140m) interval within Titan East shear zone. Note: end of hole assay (0.72g/t Au)

 

Collar
From
To
Width
Au g/t
25ARRC025
127
128
1
1.46
25ARRC025
128
129
1
2.6
25ARRC025
129
130
1
0.31
25ARRC025
130
131
1
0.61
25ARRC025
131
132
1
1.76
25ARRC025
132
133
1
6.85
25ARRC025
133
134
1
2.39
25ARRC025
134
135
1
0.97
25ARRC025
135
136
1
0.31
25ARRC025
136
137
1
3.52
25ARRC025
137
138
1
0.27
25ARRC025
138
139
1
0.65
25ARRC025
139
140
1
1.56
25ARRC025
140
141
1
0.84
25ARRC025
141
142
1
0.14
25ARRC025
142
143
1
0.06
25ARRC025
143
144
1
0.44
25ARRC025
144
145
1
0.39
25ARRC025
145
146
1
5.71

 

Table 3: 25ARRC025 - gold assays for 1m sample intervals from 127m-146m

 

 

 

HOLE ID
COLLAR EAST
COLLAR NORTH
COLLAR RL
HOLE INCL
AZIMUTH
DEPTH (m EOH)
TYPE
25ARRC025
505980
7699312
19.6
-60
360
164
RC
25ARRC026
505935
7699331
19.63
-90
45
192
RC
25ARRC027
506172
7699433
21.63
-60
343
162
RC
25ARRC028
506159
7699484
22
-55
343
144
RC
25ARRC029
506586
7699671
23
-50
343
168
RC
25ARRC030
506044
7699371
22
-55
343
180
RC
TOTAL
1010
25ARDD006
506015
7699290
21
-60
340
255.5
Diam

Table 4: Drill hole parameters for Phase Two RC holes 25ARRC025 to 25ARRC030; and Phase Three diamond hole 25ARDD006.

 

This announcement was approved for release by the Board

For further information: 

Artemis Resources Ltd
Jozsef Patarica, Executive Director
Julian Hanna, Managing Director
Zeus (Nomad & Broker)
Antonio Bossi / James Bavister /
Gabriella Zwarts
info@artemisresources.com.au
Tel: +44 20 3829 5000

 

Qualified / 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. Mr Hanna is also considered as a Qualified Person for the purposes of the AIM Rules.

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[6] with very promising gold results from initial drilling at Titan East located only 1.5km from Carlow

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

 

·    Cassowary Exploration Project: Artemis holds a granted 341km2 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
JORCCodeexplanation
Commentary
Samplingtechniques
· Natureandqualityofsampling(egcutchannels,randomchips,orspecificspecialisedindustrystandardmeasurementtoolsappropriatetothemineralsunderinvestigation,suchasdown holegammasondes,orhandheldXRFinstruments,etc).These examplesshouldnotbetakenaslimitingthebroadmeaningofsampling.
· Includereferencetomeasurestakentoensuresamplerepresentivityandtheappropriatecalibrationofanymeasurementtoolsorsystemsused.
· AspectsofthedeterminationofmineralisationthatareMaterialtothePublicReport.
· Incaseswhere'industrystandard'workhasbeendonethiswouldberelativelysimple(eg'reversecirculationdrillingwas usedtoobtain1msamplesfromwhich3kgwaspulverisedtoproducea30gchargeforfireassay').Inothercases,moreexplanationmayberequired,suchaswherethereiscoarse goldthathasinherentsamplingproblems.Unusualcommodities ormineralisationtypes (egsubmarine nodules)maywarrantdisclosureofdetailedinformation.
RCDrilling
· ReverseCirculationdrilling(RC)atTitan Eastwasundertakentoobtainsamplesthatwerelaidoutinonemetreintervals.
· Samplessubmittedforassaywereeithercompositesoftwometrelengths,or singlemetresamples.Spacingdeterminedby logging geologist.
· Single metre samples are ~ 3kg samples obtained directly from the secondary port of the cone splitter.
· Compositeswereproducedbyrepresentativelysamplingeachindividualdrillspoilpiletobeincludedinthecomposite.
· Samplingofthedrillspoilforassaywasundertakenbyscoopmethodintonumberedcalicobags.

 

 

· Samplesweredispatchedto ALSGlobalLaboratoriesinPerthforanalysis.
· Analysisincluded:
- Au-AA26-Au50gFAAAfinish
- ME-MS61-48elementsUltra-TraceFour-AcidDigestionwithICP MS and ICP-AES
Drillingtechniques
· Drilltype(egcore,reversecirculation,open-holehammer,rotaryairblast,auger,Bangka,sonic,etc)anddetails(egcorediameter,tripleorstandard tube,depthofdiamondtails,face-samplingbitorothertype,whethercoreisorientedandifso,by what method, etc).
· DrillingwascompletedusingtheRCmethod.AstandardRChammerbitwasused,withchipsamplesreturnedwithinthedrillpipeandrecoveredthroughacyclone.
· RC HolesweredrilledtowardsNorthatvariousdipsandtovaryingdepths withdrill hole parameters listed in Table 4.
· RC and diamond holesweresurveyedusingaNorthSeekingGyrofordownholesurveysundertakenat5or10mintervals.
· One diamond drill hole25ARDD006 was also drilled at Titan East and completed at 255.5m depth on 18 December 2025
· 25ARDD006 was drilled as an initial HQ diameter hole followed by NQ to the end of hole. Further details will be provided when 25ARDD006 is logged in detail and assay results are received.
· Drill hole parameters forhole25ARDD006 are listed in Table 4 and photos of drill core are included in Figures 5 and 6.
Drillsamplerecovery
· Methodofrecordingandassessingcoreandchipsamplerecoveriesandresultsassessed.
· Measurestakentomaximisesamplerecoveryandensurerepresentativenatureofthesamples.
· Whetherarelationshipexistsbetweensamplerecoveryandgradeandwhethersamplebiasmayhaveoccurreddueto preferentialloss/gainoffine/coarsematerial.
· Thegeologistvisuallyassessedanddigitallyrecordeddrillsamplerecoveriesduringtheprogram.Recoverieswereoverallverygoodwith98%ofthesampleintervalsrecovered>75%,discountingoverburden
· Drillcyclonewascleanedregularlybetweenholesifrequiredtominimisedownholeorcross-holecontamination.
· Sampleswerealmostentirelydry,withlittlewaterencounteredinthe drilling.
· Norelationshipbetweensamplerecoveryandgradehasbeenrecognised.

Logging
· WhethercoreandchipsampleshavebeengeologicallyandgeotechnicallyloggedtoalevelofdetailtosupportappropriateMineralResourceestimation,miningstudiesandmetallurgicalstudies.
· Whetherloggingisqualitativeorquantitativeinnature.Core(orcostean,channel,etc)photography.
· Thetotallengthandpercentageoftherelevantintersectionslogged.
RCDrilling
· Alldrillholeshavebeenlogged,usingsievedrockchipsfromthedrillsamplestoindustrybeststandardsforlithology,alteration, mineralisationusingaspecificsetofloggingcodestoensureconsistency in logging.
· Logginghasbeenquantitativeinnature.
· Thelevelofgeologicaldetailiscommensuratewithnatureandlimitationsofthisexploratorydrillingtechnique.
· Thecurrentdrill-spacingisinsufficientfor ResourceEstimation.
· All samplingdatahasbeenstoreddirectlyintoanin-housedevelopedAccessdatamanagementsystem.
· Alldrillholeswereloggedinfull.
· Allloggingandsamplingundertakenunderthesupervisionofaqualified geologist.
Sub-samplingtechniquesandsample preparation
· Ifcore,whethercutorsawnandwhetherquarter,halforallcore taken.
· Ifnon-core,whetherriffled,tubesampled,rotarysplit,etcandwhether sampled wet or dry.
RCDrilling
· RCdrillspoilsampleswerecollectedbytraversingeachsamplepile systematicallybyscooptoobtainsimilarvolumesofrepresentativematerialforeitherasinglemetreintervaloracompositeinterval2m.

· Forallsampletypes,thenature,qualityandappropriatenessofthesamplepreparationtechnique.
· Qualitycontrolproceduresadoptedforallsub-samplingstagestomaximiserepresentivityofsamples.
· Measurestakentoensurethatthesamplingisrepresentativeoftheinsitumaterialcollected,includingforinstanceresultsforfieldduplicate/second-halfsampling.
· Whethersamplesizesareappropriatetothegrainsizeofthematerial being sampled.
Thisisregardedasafitforpurposesamplingregimeforthetypeofdrillingandthecurrentstage of exploration.
· Thedrillsampleswerealmostentirelydry,withveryfewmoistsamples.
· Wherecompositesamplesweretaken,equalamountsofsampleweretakenfromeachoftheconstituentsamplepiles.
· Fieldduplicatesamplingwasalsoundertakenatanapproximateratioof 1:25.
· ThesampleswerethensenttoALSLaboratoryforsamplepreparationand analysis.
· Sample sizesappropriateforstyleofmineralisationinvestigated.
Qualityofassaydata and laboratorytests
· Thenature,qualityandappropriatenessoftheassayingandlaboratoryproceduresusedandwhetherthetechniqueisconsideredpartialortotal.
· Forgeophysicaltools,spectrometers,handheldXRF instruments,etc,theparametersusedindeterminingtheanalysisincludinginstrumentmakeandmodel,readingtimes,calibrationsfactorsappliedandtheirderivation,etc.
· Natureofqualitycontrolproceduresadopted(egstandards, blanks,duplicates,externallaboratorychecks)andwhetheracceptablelevelsofaccuracy(ielackofbias)andprecisionhavebeen established.
RCDrilling
· Samplesweredispatchedto ALSGlobalLaboratoriesinPerthforanalysis.
· SamplesunderwentHighGradeFireAssayfusion(50g)-leadfluxwith AgcollectorandAuamountdeterminedbyALSmethodAu-AA26andformulti-elementanalysisafour-acid"near"totaldigest(HF-HNO3-HClO4)hasbeenundertakenona0.25gsub-sampletoquantitativelydissolvemostgeologicalmaterials,ALSmethodME-MS61.
· Allfinalisedassaycertificatessignedoffbyqualifiedassayer.
· ALSGlobalLtdisanISOcertifiedorganisationwith industryleadingquality protocols.
· Analyticaltechniqueusedforgoldconsidered atotalassaytechnique.

· Formulti-elementanalysisa four-aciddigesthasbeenundertakenona0.25gsub-sampletoquantitativelydissolvemostgeological materials,withanalysisviaICP-MS+ICP-AES.
· CertifiedReferenceMaterials(CRM)includingthreedifferentgoldgradestandardsandblankshavebeensubmittedwithinthesamplesstreamatafrequencyofapproximately1every35samples.
· Fieldduplicatescollectedataration1:25.
· Qualitycontroldatahasbeenplottedonchartswithcontrollimitsat
+/-1σ,+/-2σand+/-3σ standarddeviationsto monitorthe level of
contamination,accuracy,andprecision.
· QAQCreportreviewingfieldduplicateimprecision(C.V.),fieldduplicatebias,blanksandCRMactualdeviationandlabpulpsizingcompiledimmediatelyafterlaboratoryresultswerereceived.
· AllQAQCresultshavebeenreviewedbytheARVCompetentPerson whoconsiderstheresultstobewithinacceptablelimits.Therefore,theassayresultspresentedareconsideredaccurateandcorrect.
· ALSinternalCRMsandduplicateshavealsoreportedpriorto releaseoffinalisedcertificates.
Verificationofsamplingandassaying
· Theverificationofsignificantintersectionsbyeitherindependentoralternativecompanypersonnel.
· Theuseoftwinnedholes.
· Documentationofprimarydata,dataentryprocedures,dataverification,datastorage(physicalandelectronic)protocols.
RCDrilling
· Thesignificant intersectionshavebeenreviewedbyotherARVgeologists.
· Noholetwinninghasbeenundertaken

· Discussanyadjustmenttoassaydata.
· Allsamplingandanalyticaldatahasbeenstoreddirectlyintoanin-housedevelopedAccessdatamanagementsystem,
· Alldatahasbeenmaintained,validated,andmanagedbyadministrativegeologist,
· Analyticalresultsreceivedfromthelabhavebeenloadeddirectlyintothedatabasewithnomanualtranscriptionoftheseresultsundertaken,
· Originallabcertificateshavebeenstoredelectronically.Noadjustmenttoassaydatahasbeenundertaken.Belowdetectionlimitdatapresentedas1/2ofthelowerdetectionlimitofthemethodandoverthedetectionlimitresultspresentedastheupperdetectionlimitof the method

Locationofdatapoints
· Accuracyandqualityofsurveysusedtolocatedrillholes(collaranddown-holesurveys),trenches,mineworkingsandother locationsusedinMineralResourceestimation.
· Specificationofthegridsystem used.
· Qualityandadequacyoftopographic control.
RCDrilling
· DrillcollarlocationshavebeensetwithhandheldGPS(+/-3m)andcollarorientationusingReflexsurveymethod,
· Duringdrilling,downholesurveysatevery5or10mintervalshavebeencompletedusingnorthseekingGyro.
· AlllocationsrecordedusingGDA94/MGAUTMZone50.
Dataspacinganddistribution
· DataspacingforreportingofExplorationResults.
· Whetherthedataspacinganddistributionissufficienttoestablishthedegreeofgeologicalandgradecontinuity appropriatefortheMineralResourceandOreReserve estimationprocedure(s)andclassificationsapplied.
· Whethersamplecompositinghas beenapplied.
RCDrilling
· Drillholesarecontinuouslysampledfromtopofholetoendofhole.
· Drill holes areorientatedto Azimuths as included in Table below
· Drillholesareinclinedas included in Table above.
· Thespacinganddistributionofthe currentdrillholesisconsideredsufficientforthetestingofspecifictargets.
· Thisspacingfortheholesreportedisnotadequatetoresultinaresource estimate.
· Drillsamplesweretakenat1mintervalsorcompositedover2m intervalspriortobeingsubmittedtothelaboratory,honouringgeologicalcontacts,stateofoxidation-weatheringandobservablemineralisation.

Orientation ofdatainrelationtogeological structure
· Whethertheorientationofsamplingachievesunbiasedsamplingofpossiblestructuresandtheextenttowhichthisisknown,consideringthedeposittype.
· Iftherelationshipbetweenthedrillingorientationandtheorientationofkeymineralisedstructuresisconsideredtohaveintroducedasamplingbias,thisshouldbeassessedandreported if material.
RCDrilling
· Theregionalstratigraphyhas a steep southerly dipandthecontainedmineralisationcomprisingtheTitan East prospecthasaninterpretivesteepsoutherlydip - refer to table above for six RC holes parameters
· Thetrueorientationofpotentialmineralisedbodiesinthisareaispoorly understood.
Samplesecurity
· Themeasurestakentoensuresamplesecurity.
· Samplesecurityisbywayofchainofcustody.
· AlldrillsamplescollectedduringtheprogramarefreightedbyroadtransportdirectlytotheALSlaboratoryinPerthforsubmission.
· Samplesecuritywasnotconsideredasignificantrisktotheproject.OnlyemployeesofArtemisResourcesandAPEXGeosciencewereinvolved inthecollection,shorttermstorage(inaremote area),anddelivery of samples.
Auditsorreviews
· Resultsofanyauditsorreviewsofsamplingtechniquesanddata.
· Noreview ofthesamplingtechniqueshasbeenundertaken.

 

Section 2 Reporting of Exploration Results - revised

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

 

Criteria
JORCCodeexplanation
Commentary
Mineraltenementand land tenure status
· Type,referencename/number,locationandownershipincludingagreementsormaterialissueswiththirdpartiessuch as joint ventures, partnerships, overriding royalties, native titleinterests,historicalsites,wildernessornationalparkandenvironmentalsettings.
· Thesecurityofthetenureheldatthetimeofreportingalongwithany knownimpedimentstoobtainingalicencetooperatein the area.
· TheRCprogramwasentirelyconductedonE47/1797.
· AllArtemisProjecttenuresare100%ownedbyArtemisResourcessubsidiarycompanyKMLNo2PtyLtdE47/1746&E47/1797withtheexceptionofE47/3719whichissubjecttoaGreenTech Metals/ArtemisResources51%/49%JointVenture
· TenementsareingoodstandingwithDEMIRSandtherearenoknownimpedimentsforexplorationonthesetenements.
Explorationdoneby other parties
· Acknowledgmentandappraisalofexplorationby otherparties.
· Previousexplorersintheregionincludebutnotlimitedtoare WestfieldMinerals,ConsolidatedGoldAreas,OpenPitMiningandExploration,LegendMining,AgipExploration,TitanResourcesandFoxResources.
Geology
· Deposittype,geologicalsettingandstyle of mineralisation.
· Surfacemineralisationisinterpreted to beconsistentwithstructurallycontrolledshearzonemineralisation.Implicationsforintrusionrelatedmineralisedsystemsisalsoconsidered.
Drill hole Information
· AsummaryofallinformationmaterialtotheunderstandingoftheexplorationresultsincludingatabulationofthefollowinginformationforallMaterialdrillholes:
oeastingandnorthingofthedrill holecollar
oelevationorRL(ReducedLevel-elevationabovesealevelinmetres)ofthedrillholecollar
odipandazimuthofthehole
odownholelengthandinterceptiondepth
oholelength.
· IftheexclusionofthisinformationisjustifiedonthebasisthattheinformationisnotMaterialandthisexclusiondoesnotdetractfromtheunderstandingofthereport,theCompetentPersonshouldclearlyexplainwhythisisthecase
· Laboratoryanalysesare in progress orhavebeenpartiallycompletedonallthe samplescollectedfromthedrillingtodate. Holes 25ARRC006, 25ARRC024 and 25ARRC025 have had all laboratory analyses completed and certified. Samples from diamond hole 25ARDD006 are expected to been sent for analysis in January 2026, once core logging is completed.
Data Aggregation Methods
· InreportingExplorationResults,weightingaveragingtechniques,maximumand/orminimumgradetruncations(eg cuttingofhighgrades)andcut-offgradesareusuallyMaterialand should be stated
· Whereaggregateinterceptsincorporateshortlengthsofhigh-graderesultsandlongerlengthsoflow-graderesults,the procedureusedforsuchaggregationshouldbestatedandsometypicalexamplesofsuchaggregationsshouldbeshownin detail
· Theassumptionsusedforanyreportingofmetalequivalentvaluesshouldbeclearlystated.
· The announced intersection in hole 25ARRC025 of 19m @ 1.6g/t Au from 127m, was calculated using the average of gold assays from 19 consecutive 1m samples between 127m and 146m down hole depth, listed in Table 3 in the announcement. The grade of the intersection was calculated by aggregating the gold assays in Table 3 and dividing by the number of gold assays (ie 19).
Relationship BetweenMineralisation Widths andinterceptlengths
· Theserelationshipsareparticularlyimportantinthereportingof Exploration Results.
· If the geometry of the mineralisation with respect to the drill angle is known, its nature should be reported
· Ifitisnotknownandonlythedownholelengths arereportedthereshouldbeaclearstatementtothiseffect (eg'downholelength,truewidthnotknown)
· TheRCholesdescribed in this announcementwereexplorationinnature. Downhole lengths are only reported. True widths are not known as there is insufficient drilling to determine true widths
Diagrams
· Appropriatemapsandsections(withscales)andtabulationsofany intercepts should be included for any significant discovery being reported. These should include but not be limited to a plan view of drill collar locations and appropriate sectional views.
· All the appropriate maps and plan views showing hole collar locations are provided in this announcement
· Refer to figures and tables in this announcement. While significant results have been included in Tables in this announcement, the reconnaissance nature of some of the RC exploration holes may result in no significant intersections but provide useful geological information

 



Balancedreporting
· WherecomprehensivereportingofallExplorationResultsisnotpracticable,representativereportingofbothlowandhigh gradesand/orwidthsshouldbepracticedtoavoidmisleadingreportingofExplorationResults.
· ThisannouncementdiscussesthefindingsofcompletedRCdrillingactivities and certified assays during November and December 2025.
Othersubstantiveexplorationdata
· Otherexplorationdata,ifmeaningfulandmaterial,shouldbereportedincluding(butnotlimitedto):geologicalobservations;geophysicalsurveyresults;geochemicalsurveyresults;bulk samples-sizeandmethodoftreatment;metallurgicaltest results;bulkdensity,groundwater,geotechnicalandrock characteristics;potentialdeleteriousorcontaminatingsubstances.
· PreviousdrillingcompletedbyArtemisResourcesTitan East Prospect
· Totalof6RCdrillholesfor1010mcompletedatTitan Eastprospect in November 2025
· Bestintercept at Titan East prior to this releasewas 5m @ 13.1g/t Au from 132m in 25ARRC006 (refer to ASX release on 28 October 2025)
· Bestintercept at Titan East prior to the releaseon 28 October 2025
was 1m@16.4gptAufrom67m in 25ARDD004(refertoASXreleaseon28thApril2025)
Furtherwork
· Thenatureandscaleofplannedfurtherwork(egtestsforlateralextensionsordepthextensionsorlarge-scalestep-outdrilling).
· Diagramsclearlyhighlightingtheareasofpossibleextensions,
includingthemaingeologicalinterpretationsandfuturedrillingareas, providedthisinformationisnotcommerciallysensitive.
· Additional DiamondandRCdrillingtocommencein March quarter 2026 atTitan East prospect within theCarlowtenementtotest orientation of interpreted shear zone, and follow up the high grade intersections in 25ARRC006 and 25ARRC025
· Diagrams included in this announcement include: interpreted long section from Titan to Carlow, interpreted geological and an interpreted structural plan of Carlow tenement and Titan East area

 

[1] Refer to Artemis ASX announcement dated 29 October 2025

[2] Refer to Artemis ASX announcement dated 28 April 2025

[3] Refer to Artemis ASX announcement dated 28 January 2025

[4] Refer to Artemis ASX announcement dated 13 October 2022

[5] Refer to Artemis ASX announcement dated 29 October 2025

[6] Refer to Artemis ASX announcement dated 13 October 2022

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