REG - Artemis Resources Ld - Titan RC Drilling Program Underway

Artemis ResourcesAnnouncement

24/09/2025 08:30

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RNS Number : 6062A  Artemis Resources Limited  24 September 2025

 

 
 
24 September 2025

 

Artemis Resources Limited

 

("Artemis" or the "Company")

 

Karratha Gold Project - Titan RC Drilling Program Underway

 

      Highlights

 

·      1,600 meter Reverse Circulation (RC) drilling program is underway
to test three shallow gold targets at Titan

·      Drilling  will test:

Ø widely spaced outcrops of ferruginous and brecciated chert with high grade
surface gold results from selective sampling reported during 2024 1 

Ø two undrilled gravity anomalies (G1 and G2) associated with major
structures.  G1 includes small outcrops of chert with surface gold reported
during 2024 2 

Ø strike extensions to elevated gold assay (peak assay of 1m @ 16.4g/t Au 3 )
intersected in all three holes drilled at Titan East during March Quarter 2025

·      Artemis is also planning a diamond drilling program to test
potential extensions to the Carlow Resource 4 , initially along a 600 meter
zone east of the Resource

Artemis Resources Limited (ASX/AIM: ARV) is pleased to inform shareholders
that a RC drilling program is underway to test three shallow high priority
gold targets within the extensive Titan prospect.

Apart from three shallow diamond holes completed by Artemis at Titan East
during the March Quarter 2025 there is no previous drilling of the Titan
Prospect.  The potential for gold mineralisation at Titan is supported by:

·    major structural disruption interpretated from magnetic and detailed
gravity data

·    adjoins the Regal Thrust Zone, associated with Carlow gold/copper
mineralisation

·    proximity to the Carlow resource 5 , one of the largest in the
district

Titan is located within (and probably below) the Regal Thrust disrupted by
crosscutting faults which appear to control high-grade gold/copper
quartz/sulphide lodes at Carlow.

 

 

 

Julian Hanna, Managing Director, commented:

 

"I am happy to report the Artemis team is excited that drilling is now
underway as an initial test of the shallow gold potential interpreted to exist
at Titan.  In addition to testing three specific targets, this initial RC
program should also provide valuable geological and geochemical data over the
wider area which is largely obscured by transported cover and is undrilled.

We look forward to reporting results from this drilling program in coming
weeks".

 

Figure 1: Simplified geological interpretation showing outline of Carlow
resource and Titan Prospect

 

Figure 2: Looking northwest across G1 (gravity target) towards interpreted
repetition of Regal Thrust chert

Figure 3: Titan Prospect: Satellite image showing location of planned RC drill
holes at Titan East, G1 and G2

 

 

Figure 4: Titan Prospect: Inversion model of detailed gravity data showing
location of three current targets

 

 

This announcement was approved for release by the Board

 

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

 

 Artemis Resources Ltd
 Guy Robertson, Chairman           info@artemisresources.com.au

 Julian Hanna, Managing Director
 Zeus (Nomad & Broker)
 Antonio Bossi / James Bavister /   Tel:  +44 20 3829 5000

 Gabriella Zwarts

 
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
Managing Director of Artemis Resources Ltd and has sufficient experience that
is relevant to the style of mineralisation and type of deposit under
consideration and to the activity being undertaken to qualify as a Competent
Person as defined in the 2012 Edition of the 'Australasian Code for Reporting
of Exploration Results, Mineral Resources and Ore Reserves". Mr Hanna consents
to the inclusion in this report of the matters based on his information in the
form and context in which it appears.

No New Information

To the extent that this announcement contains references to prior exploration
results which have been cross referenced to previous market announcements made
by the Company, unless explicitly stated, no new information is contained. The
Company confirms that it is not aware of any new information or data that
materially affects the information included in the relevant market
announcements and, in the case of estimates of Mineral Resources, that all
material assumptions and technical parameters underpinning the estimates in
the relevant market announcements continue to apply and have not materially
changed.

 

Forward Looking Statements

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

________________________________________________________________________________________

 

 

 

 

 

 

 

 

 

 

About Artemis Resources

Artemis Resources (ASX/AIM:ARV) is a gold, copper and lithium focused
resources company with a highly attractive suite of projects including
projects in Western Australia's underexplored North Pilbara Gold Province and
the Cassowary copper/gold exploration project 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 Intrusion Exploration Project - large IOCG type
targets

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

o  Lithium - Artemis/Greentech Metals Limited (ASX:GRE) Lithium JV: Mt Marie,
Kobe, Osborne

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

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

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

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

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

 1  Refer to Artemis ASX announcement on 28 January 2025

 2  Refer to Artemis ASX announcement on 3 June 2025

 3  Refer to Artemis ASX announcement on 28 April 2025

4 Refer to Artemis ASX announcement on 3 June 2025

5 Refer to Artemis ASX announcement on 3 June 2025

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