Artemis Resources Limited · ASX:ARV
Artemis Resources — Investor Presentation (November 2019)
28 slides from Artemis Resources's investor presentation, Nov 21, 2019
Slide 1: Investor Deck – November 2019
Artemis Resources Limited For personal use only A WEST PILBARA and PATERSON RANGE FOCUSSED GOLD and COPPER COMPANY ASX: ARV U.S. OTCQB: ARTTF Investor Deck – November 2019 Frankfurt: ATY
Slide 2: Corporate Structure
Corporate Structure Artemis Resources Limited Board of Directors Non-executive Chairman: Sheikh Maktoum Hasher al Maktoum For personal use only ASX Ticker ARV • Chairman of Dubai International Holding • President of Al Fajer Investments Frankfurt Ticker ATY Executive Director / Interim CEO: Edward M
Slide 3: Artemis – Our Value Proposition and Strategy
Artemis – Our Value Proposition and Strategy § Artemis Resources Limited (Artemis – ASX: ARV / OTCQB: ARTTF / Frankfurt: ATY) - the first West Pilbara company to consolidate a significant portfolio of prospective gold assets with a strategically located processing For personal use only plant. § Arte
Slide 4: Investment Highlights
Investment Highlights Artemis is focussed on advancing and expanding its Pilbara and Paterson Range gold and copper For personal use only resource base to support the transition to cashflow from the Radio Hill assets. § 100% Owned Radio Hill Flotation and Gravity Gold Processing Plant, 25km south of
Slide 5: Artemis – 2019/2020 Operational Plan
Artemis – 2019/2020 Operational Plan Primary Focus - Carlow Castle Au-Cu-Co Project is the lead development asset For personal use only § Work program of 9 diamond drill holes and acid soluble copper assays required to increase resource classification to indicated Dec 2019/early 2020. § Detailed met
Slide 6: Artemis – Centred Around the Radio Hill Plant
Artemis – Centred Around the Radio Hill Plant Blue Tenements are within the Novo Resources Corp 50/50 Conglomerate hosted Gold JV. For personal use only Artemis owns 100% of all other commodities and styles of mineralisation. We own Carlow Castle 100%. 71 tenements 60 live 11 pending ≈2,400km2 6
Slide 7: Radio Hill – Strategic Asset Processing Plant
For personal use only Radio Hill Strategic Asset Processing Plant
Slide 8: Radio Hill – New Gold Circuit to complement base metal ability
Radio Hill – New Gold Circuit to complement base metal ability For personal use only Existing base metal flotation and gold concentrator 35km from City of Karratha in the West Pilbara; § 100% owned by ARV § Built in 1986. Operated by Agip, Titan Resources and Fox Resources who collectively invested
Slide 9: Radio Hill Stage – Approved for 0.5Mtpa of Gold Ore
Radio Hill Stage 1 Approved for 0.5Mtpa of Gold Ore For personal use only 9
Slide 10: Carlow Castle Project
For personal use only Carlow Castle Project Prime Au-Cu-Co Development 418,000 Oz Au Asset 48kt Cu 7kt Co
Slide 11: Carlow Castle - Significant Resource Increase
Carlow Castle - Significant Resource Increase For personal use only JORC Inferred resource grows significantly by: § 60% to 418koz Au § 25% to 48kt Cu § 15% to 7kt Co Global Resource at 0.3% Cu cut-off 8Mt @ 0.6% Cu, 1.6 g/t Au and 0.08% Co. Positive Optimisation completed. Work program to convert r
Slide 12: Carlow Castle - Significant Resource Increase
Carlow Castle - Significant Resource Increase Plan view of the interpreted mineralisation wireframe showing drillhole by Cu ppm over 1.2km Strike. For personal use only Drillholes coloured by Cu ppm ranges: blue = 0–500; green = 500–1,000; yellow = 1,000–2,000; orange = 2,000– 5,000; red = 5,000–10,
Slide 13: Carlow Castle - Significant Resource Increase
Carlow Castle - Significant Resource Increase Example of 20m thick section at 506,700 mE through interpreted Carlow Main mineralisation lode and geology. For personal use only Drillholes and SMU coloured by Cu ppm ranges: blue = 0–500; green = 500–1,000; yellow = 1,000–2,000; orange = 2,000–5,000; r
Slide 14: Carlow Castle – Outstanding High Grade Au-Cu-Co Diamond Drilling program
Carlow Castle – Outstanding High Grade Au-Cu-Co 9 hole Diamond Drilling program is planned to move resource to JORC Indicated, allow a scoping study and For personal use only financial model and move the project towards feasibility. § Fully funded 9 Diamond hole (1,800 meters) work program planned t
Slide 15: Carlow Castle – Outstanding Metallurgical Results
Carlow Castle – Outstanding Metallurgical Results Objective of programme was to determine amenability of Carlow Castle Au-Cu-Co Project to conventional gravity, flotation and leach processes: For personal use only § Results confirm effective separation and high recoveries of Gold, Copper and Cobalt
Slide 16: Carlow Castle – Resource Reporting
Carlow Castle – Resource Reporting Oblique view of the block For personal use only model showing copper grades looking northeast, and the pit optimisation shells (in white) above which Mineral Resources were reported for Carlow East, Carlow West and Quod Est. Block model by copper grades for the Car
Slide 17: Carlow Castle Project – Upcoming Work Programs
Carlow Castle Project – Upcoming Work Programs Immediate work programs For personal use only § 9 diamond drill holes for 1,800m at Carlow East – Convert inferred resource to Indicated. § Assay a select number of pulps for acid soluble copper – Convert inferred resource to Indicated. § On indicated r
Slide 18: Carlow Castle
Carlow Castle For personal use only 8Mt@ 0.6%Cu, 1.6 g/t Au & 0.08% Co 418 Oz Au, 48Kt Cu & 7Kt Co Carlow Castle Geology, SAM survey results with 21 anomalies, drilling and resource area to date, which indicates mineralisation is open to the west and east. 18
Slide 19: Armada Project – Paterson Range Asset
For personal use only Armada Project Paterson Range Asset
Slide 20: Armada E45/5276 (100% ARV)
Armada E45/5276 (100% ARV) § Granted ~605km2 exploration lease in the Paterson Ranges of WA. For personal use only § Surrounding the Greatland Gold PLC (AIM:GGP) Haverion Project on 3 sides. § GGP/Newcrest drilling (through US$65m JV to earn 70%) at Haverion has intersected high grade Au and Cu* and
Slide 21: Purdy's Reward (ARV 50%) / K Patch (ARV 70%) Conglomerate Gold Assets
For personal use only Purdy’s Reward (ARV 50%) Conglomerate Gold 47 K Patch (ARV 70%) Assets
Slide 22: Advancing The Conglomerate Gold Projects
Advancing The Conglomerate Gold Projects Purdy’s Reward: For personal use only § Gold grades reported from bulk samples to date have Purdy’s Reward 47 K Patch been bonanza to low, making project assessment challenging. § Significant money has been spent understand this new style of mineralisation. P
Slide 23: Purdy's Reward Work Program
Purdy’s Reward Work Program Objectives: For personal use only § Further mapping and bulk sampling where appropriate to the North East of Purdy’s Reward. § Location of amenable large-scale bulk sampling areas as yellow squares. § Large bulk samples over the Comet Well to Purdy’s Reward trend in the o
Slide 24: 2019 and 2020 Objectives and News
For personal use only 2019 and 2020 Objectives and News
Slide 25: 2019 and 2020 Objectives
2019 and 2020 Objectives For personal use only § Start work programs on Carlow Castle resource to convert to JORC indicated. § Complete Scoping Study on Indicated resource and move towards feasibility. § Complete metallurgy on Carlow Castle to finalise process flowsheet for Radio Hill § Capitalise o
Slide 26: Investment Highlights
Investment Highlights Artemis is focussed on advancing and expanding its Pilbara gold and copper resource base to For personal use only support the transition to cashflow from the Radio Hill assets. § 100% Owned Radio Hill Flotation and Gravity Gold Processing Plant, 25km south of Karratha § Only to
Slide 27: Disclaimer
Disclaimer This presentation has been prepared by Artemis Resources Limited (“ARV” or the “Company”). It should not be considered as an offer or invitation to For personal use only subscribe for, or purchase any, securities in the Company or as an inducement to make an offer or invitation with respe
Slide 28: News Releases to ASX referred to within this presentation
News Releases to ASX referred to within this presentation: • 19th November 2019 “Significant Resource Increase Gold Up 60% & Copper Up 25%” For personal use only • 23rd September 2019 “Drilling Approved at Armada” • 16th September 2019 “21 New SAM Targets at Carlow Castle West” • 29th May 2019 “Purd
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