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RCS - Artemis Resources Ld - West Pilbara Addendum Announcement

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RNS Number : 4028G  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:

o  1.8% Li(2)O from Sample No 23GT11-041

o  1.7% Li(2)O from Sample No 23GT11-042

o  1.58% Li(2)O 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% Li(2)O from Sample No 23GT11-041

·      1.7% Li(2)O from Sample No 23GT11-042

·      1.58% Li(2)O 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 km(2) 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 +95(th) 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 +95(th) percentile Lithium soils data with circled
anomalous trends

Figure 4: Plot of 95(th) 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 95(th) 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 (mailto: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 (mailto: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
(http://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%
Li(2)O 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     Li(2)O%
 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 95(th) 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 95(th) 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 95(th) 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           ·    Reconnaissance style rock chip sampling taken opportunistically from
                                                          specific specialised industry standard measurement tools appropriate to the      pegmatite outcrop.
                                                          minerals under investigation, such as down hole gamma sondes, or handheld XRF

                                                          instruments, etc). These examples should not be taken as limiting the broad      ·    This announcement discusses the findings of reconnaissance site visit
                                                          meaning of sampling.                                                             with a view to determining the lithium potential of the Company's tenements

                                                                                and which include the collection of rock samples.
                                                          ·    Include reference to measures taken to ensure sample representivity

                                                          and the appropriate calibration of any measurement tools or systems used.        ·    Pegmatite was identified in outcrop.

                                                          ·    Aspects of the determination of mineralisation that are Material to         ·    The rock chip samples were restricted to outcrop of pegmatite rocks.
                                                          the Public Report.

                                                                                ·    Samples were dispatched top ALS Global Laboratories in Perth for
                                                          ·    In cases where 'industry standard' work has been done this would be         Analysis.
                                                          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.
 Drilling techniques                                      ·    Drill type (eg core, reverse circulation, open-hole hammer, rotary          ·    Not applicable.
                                                          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).
 Drill sample recovery                                    ·    Method of recording and assessing core and chip sample recoveries and       ·    Not applicable.
                                                          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.
 Logging                                                  ·    Whether core and chip samples have been geologically and                    ·    Not applicable due to the reconnaissance nature of the sampling.
                                                          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.
 Sub-sampling techniques and sample preparation           ·    If core, whether cut or sawn and whether quarter, half or all core          ·    Rock chip samples were dispatched to ALS Global Laboratories in Perth
                                                          taken.                                                                           for analysis using their ME-MS89L 55 element technique.

                                                          ·    If non-core, whether riffled, tube sampled, rotary split, etc and           ·    The laboratory reported the use of standards and blanks as part of
                                                          whether sampled wet or dry.                                                      the analysis for QAQC.

                                                          ·    For all sample types, the nature, quality and appropriateness of the        ·    The samples were opportunistic in nature and taken from in situ
                                                          sample preparation technique.                                                    outcrop.

                                                          ·    Quality control procedures adopted for all sub-sampling stages to           ·    Samples were approximately 0.5kg to 1kg in weight.
                                                          maximise representivity of samples.

                                                                                ·    The samples were considered representative of the outcrop being
                                                          ·    Measures taken to ensure that the sampling is representative of the         sampled.
                                                          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.
 Quality of assay data and laboratory tests               ·    The nature, quality and appropriateness of the assaying and                 ·    Rock chip samples were dispatched to ALS Global Laboratories in Perth
                                                          laboratory procedures used and whether the technique is considered partial or    for analysis using their ME_MS89L 55 element technique.
                                                          total.

                                                                                ·    The laboratory reported the use of standards and blanks as part of
                                                          ·    For geophysical tools, spectrometers, handheld XRF instruments, etc,        the analyses for QA/QC.
                                                          the parameters used in determining the analysis including instrument make and

                                                          model, reading times, calibrations factors applied and their derivation, etc.    ·    No standards or blanks were submitted by the company.

                                                          ·    Nature of quality control procedures adopted (eg standards, blanks,         ·    The mineralogy of four lithium bearing samples is being determined by
                                                          duplicates, external laboratory checks) and whether acceptable levels of         XRD analysis undertaken at Curtain University.
                                                          accuracy (ie lack of bias) and precision have been established.

                                                                                                                                           ·    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         ·    Duplicate samples of the lithium bearing pegmatite have been
                                                          or alternative company personnel.                                                submitted to Curtin University in Perth for XRD analysis.

                                                          ·    The use of twinned holes.                                                   ·    The results of these verification analyses are awaited.

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

                                                          ·    Discuss any adjustment to assay data.
 Location of data points                                  ·    Accuracy and quality of surveys used to locate drill holes (collar          ·    Sample points were determined by handheld GPS which is considered
                                                          and down-hole surveys), trenches, mine workings and other locations used in      appropriate for the reconnaissance nature of the sampling.
                                                          Mineral Resource estimation.

                                                          ·    Specification of the grid system used.

                                                          ·    Quality and adequacy of topographic control.
 Data spacing and distribution                            ·    Data spacing for reporting of Exploration Results.                          ·    Not applicable due to the reconnaissance nature of the sampling.

                                                          ·    Whether the data spacing and distribution is sufficient to establish        ·    No attempt has been made to demonstrate geological grade or
                                                          the degree of geological and grade continuity appropriate for the Mineral        continuity between sample points.
                                                          Resource and Ore Reserve estimation procedure(s) and classifications applied.

                                                          ·    Whether sample compositing has been applied.
 Orientation of data in relation to geological structure  ·    Whether the orientation of sampling achieves unbiased sampling of           ·    Not applicable.
                                                          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.
 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               ·    Exploration Licence E47/3719 is held under Joint Venture by Greentech
                                                                   agreements or material issues with third parties such as joint ventures,         Metals (51) and Artemis Resources 49%.
                                                                   partnerships, overriding royalties, native title interests, historical sites,

                                                                   wilderness or national park and environmental settings.                          ·    The tenement is in good standing.

                                                                   ·    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 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           ·    Not applicable.
                                                                   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.
 Data aggregation methods                                          ·    In reporting Exploration Results, weighting averaging techniques,           ·    Not applicable.
                                                                   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.
 Relationship between mineralisation widths and intercept lengths  ·    These relationships are particularly important in the reporting of          ·    Not applicable as surface sampling is reconnaissance in nature.
                                                                   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').
 Diagrams                                                          ·    Appropriate maps and sections (with scales) and tabulations of              ·    All the appropriate maps are provided in the body of this
                                                                   intercepts should be included for any significant discovery being reported       announcement.
                                                                   These should include, but not be limited to a plan view of drill hole collar
                                                                   locations and appropriate sectional views.
 Balanced reporting                                                ·    Where comprehensive reporting of all Exploration Results is not             ·    This announcement discusses the findings of recent reconnaissance
                                                                   practicable, representative reporting of both low and high grades and/or         sampling and associated assays by Greentech Metals (ASX: GRE)
                                                                   widths should be practiced to avoid misleading reporting of Exploration
                                                                   Results.
 Other substantive exploration data                                ·    Other exploration data, if meaningful and material, should be               ·    All meaningful exploration has been included in the body of this
                                                                   reported including (but not limited to): geological observations; geophysical    announcement.
                                                                   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.
 Further work                                                      ·    The nature and scale of planned further work (eg tests for lateral          ·    Further ground reconnaissance and sampling in the short term to be
                                                                   extensions or depth extensions or large-scale step-out drilling).                determine the surface extent both laterally and along strike and the economic

                                                                                potential of the prospect. Trenching and drilling will also be undertaken if
                                                                   ·    Diagrams clearly highlighting the areas of possible extensions,             warranted.
                                                                   including the main geological interpretations and future drilling areas,
                                                                   provided this information is not commercially sensitive.

 

 

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           •   The soil samples were uniformly collected from 15cm, with colour,
                                                          specific specialised industry standard measurement tools appropriate to the      moisture and general topography recorded.
                                                          minerals under investigation, such as down hole gamma sondes, or handheld XRF

                                                          instruments, etc). These examples should not be taken as limiting the broad      •  Two forms of analysis were conducted for the soils, conventional
                                                          meaning of sampling.                                                             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.
                                                          ·    Include reference to measures taken to ensure sample representivity

                                                          and the appropriate calibration of any measurement tools or systems used.        •  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,
                                                          ·    Aspects of the determination of mineralisation that are Material to         Cu, Fe, Ga, K, La, Mg, Mn, Mo, Na, Ni, P, Pb, Pd, Pt, S, Sb, Sc, Sr, Th, Ti,
                                                          the Public Report.                                                               Tl, U, V, W, Zn. Samples are pulverised to 95% passing 75 microns for maximum

                                                                                digestion.
                                                          ·    In cases where 'industry standard' work has been done this would be

                                                          relatively simple (eg 'reverse circulation drilling was used to obtain 1 m       •  Ionic LeachTM  uses a cyanide leach in a buffered solution digest with
                                                          samples from which 3 kg was pulverised to produce a 30 g charge for fire         ICP-MS finish for ultra-low level detection levels for elements including: Au,
                                                          assay'). In other cases more explanation may be required, such as where there    Ag, Al, As, Ba, Be, Bi, Ca, Cd, Co, Cr, Cu, Fe, Ga, K, La, Mg, Mn, Mo, Na, Ni,
                                                          is coarse gold that has inherent sampling problems. Unusual commodities or       P, Pb, Pd, Pt, S, Sb, Sc, Sr, Th, Ti, Tl, U, V, W, Zn, REE. Samples are
                                                          mineralisation types (eg submarine nodules) may warrant disclosure of detailed   unpulverized and the technique is known as a partial extraction approach.
                                                          information.

                                                                                                                                           •  Field duplicates were taken and submitted for analysis with the soil
                                                                                                                                           samples.
 Drilling techniques                                      ·    Drill type (eg core, reverse circulation, open-hole hammer, rotary          ·    Not applicable
                                                          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).
 Drill sample recovery                                    ·    Method of recording and assessing core and chip sample recoveries and       ·    Not applicable
                                                          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.
 Logging                                                  ·    Whether core and chip samples have been geologically and                    ·    The soil samples were uniformly collected from 15cm, with colour,
                                                          geotechnically logged to a level of detail to support appropriate Mineral        moisture and general topography recorded.
                                                          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.
 Sub-sampling techniques and sample preparation           ·    If core, whether cut or sawn and whether quarter, half or all core          ·    Not drilling data.
                                                          taken.

                                                                                ·    Duplicate samples were collected and submitted for analysis with
                                                          ·    If non-core, whether riffled, tube sampled, rotary split, etc and           Reference standards inserted during soil sampling.
                                                          whether sampled wet or dry.

                                                                                ·    Reference samples were inserted with rock chip samples.
                                                          ·    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.
 Quality of assay data and laboratory tests               ·    The nature, quality and appropriateness of the assaying and                 ·    ALS (Perth) were used for all analysis of samples submitted by
                                                          laboratory procedures used and whether the technique is considered partial or    Artemis. The laboratory techniques below are for all samples submitted to ALS
                                                          total.                                                                           and are considered appropriate for the styles of mineralisation within the

                                                                                Karratha region.
                                                          ·    For geophysical tools, spectrometers, handheld XRF instruments, etc,

                                                          the parameters used in determining the analysis including instrument make and    ·    The AuME-ST44 is an aqua regia digest with ICP-MS finish for
                                                          model, reading times, calibrations factors applied and their derivation, etc.    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,
                                                          ·    Nature of quality control procedures adopted (eg standards, blanks,         Tl, U, V, W, Zn. Samples are pulverised to 95% passing 75 microns for maximum
                                                          duplicates, external laboratory checks) and whether acceptable levels of         digestion.
                                                          accuracy (ie lack of bias) and precision have been established.

                                                                                                                                           ·    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         ·    At least two company personnel verified all significant results
                                                          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.
 Location of data points                                  ·    Accuracy and quality of surveys used to locate drill holes (collar          ·    A Garmin GXL12 hand-held GPS was used to define the location of the
                                                          and down-hole surveys), trenches, mine workings and other locations used in      soil samples.
                                                          Mineral Resource estimation.

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

                                                          ·    Quality and adequacy of topographic control.
 Data spacing and distribution                            ·    Data spacing for reporting of Exploration Results.                          ·    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
                                                          ·    Whether the data spacing and distribution is sufficient to establish        spacing along the lines.
                                                          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.
 Orientation of data in relation to geological structure  ·    Whether the orientation of sampling achieves unbiased sampling of           ·    No drilling completed
                                                          possible structures and the extent to which this is known, considering the

                                                          deposit type.                                                                    ·    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
                                                          ·    If the relationship between the drilling orientation and the                spacing along the lines.
                                                          orientation of key mineralised structures is considered to have introduced a
                                                          sampling bias, this should be assessed and reported if material.
 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               ·    The 2018 soil sample program was completed across a substantial
                                                                   agreements or material issues with third parties such as joint ventures,         portion of Artemis Resources West Pilara tenure including E47/1797, E47/1746
                                                                   partnerships, overriding royalties, native title interests, historical sites,    and E47/3719
                                                                   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 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           ·    No drilling undertaken as part of this program.
                                                                   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.
 Data aggregation methods                                          ·    In reporting Exploration Results, weighting averaging techniques,           ·    No data aggregation or intercept calculations are included in this
                                                                   maximum and/or minimum grade truncations (eg cutting of high grades) and         release
                                                                   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          ·    No drilling undertaken as part of this program.
                                                                   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').
 Diagrams                                                          ·    Appropriate maps and sections (with scales) and tabulations of              ·    Representative plans are provided in this report.
                                                                   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.
 Balanced reporting                                                ·    Where comprehensive reporting of all Exploration Results is not             ·    The report is considered balanced and provided in context.
                                                                   practicable, representative reporting of both low and high grades and/or

                                                                   widths should be practiced to avoid misleading reporting of Exploration          ·    Further exploration including geophysical surveys, mapping, sampling,
                                                                   Results.                                                                         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               ·    The 2018 regional soil exploration program was to establish the
                                                                   reported including (but not limited to): geological observations; geophysical    baseline information.
                                                                   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.
 Further work                                                      ·    The nature and scale of planned further work (eg tests for lateral          ·    Follow-up of the numerous identified anomalous areas will continue.
                                                                   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.

 

 

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           ·    Soil samples were collected in the field by removing any surface
                                                          specific specialised industry standard measurement tools appropriate to the      vegetation and topsoil and then digging down to the horizon change (generally
                                                          minerals under investigation, such as down hole gamma sondes, or handheld XRF    10 - 15 cm) from which the sample was taken.
                                                          instruments, etc). These examples should not be taken as limiting the broad

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

                                                                                ·    Each sample soil type was logged, and coordinates recorded against
                                                          ·    Aspects of the determination of mineralisation that are Material to         the sample number with a handheld GPS receiver.
                                                          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.
 Drilling techniques                                      ·    Drill type (eg core, reverse circulation, open-hole hammer, rotary          ·    No drilling undertaken as part of this program.
                                                          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).
 Drill sample recovery                                    ·    Method of recording and assessing core and chip sample recoveries and       ·    No drilling undertaken as part of this program.
                                                          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.
 Logging                                                  ·    Whether core and chip samples have been geologically and                    ·    No drilling undertaken as part of this program Soil Sample type was
                                                          geotechnically logged to a level of detail to support appropriate Mineral        recorded, and coordinates of each sample site recorded against unique sample
                                                          Resource estimation, mining studies and metallurgical studies.                   identification number.

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

                                                          ·    The total length and percentage of the relevant intersections logged.
 Sub-sampling techniques and sample preparation           ·    If core, whether cut or sawn and whether quarter, half or all core          ·    UFF+ soil sampling is used to obtain an ultrafine fraction of the
                                                          taken.                                                                           soil (-2µm), this is analysed to identify elemental concentrations.

                                                          ·    If non-core, whether riffled, tube sampled, rotary split, etc and           ·    Soil samples are collected using a steel shovel, these samples are
                                                          whether sampled wet or dry.                                                      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
                                                          ·    For all sample types, the nature, quality and appropriateness of the        fraction to analyse for gold and multi-elements. The sample preparation
                                                          sample preparation technique.                                                    employed by LabWest has been developed in collaboration with CSIRO.

                                                          ·    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.
 Quality of assay data and laboratory tests               ·    The nature, quality and appropriateness of the assaying and                 ·    Samples were submitted to Labwest for processing and analysis with
                                                          laboratory procedures used and whether the technique is considered partial or    standards being inserted by the company in-house.
                                                          total.

                                                                                ·    LabWest is a commercial independent certified laboratory in Perth,
                                                          ·    For geophysical tools, spectrometers, handheld XRF instruments, etc,        Western Australia.
                                                          the parameters used in determining the analysis including instrument make and

                                                          model, reading times, calibrations factors applied and their derivation, etc.    ·    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,
                                                          ·    Nature of quality control procedures adopted (eg standards, blanks,         

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