Artemis Resources Limited · ASX:ARV
Artemis Resources — Investor Presentation (January 2014)
29 slides from Artemis Resources's investor presentation, Jan 30, 2014
Slide 1: Artemis Resources Investor Update January 2014
Artemis Resources Ltd ANTIMONY AND GOLD EXPLORATION COMPANY ASX: ARV Investor Update January 2014 1
Slide 2: Disclaimer
Artemis Resources Ltd 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 subscribe for, or purchase any, securities in the Company or as an inducement to make an offer or invitation with respe
Slide 3: Highlights
ARTEMIS RESOURCES LIMITED (ASX:ARV) Highlights Portfolio of quality metals assets in proven producing regions of WA; Eastern Hills Antimony-Lead (Sb-Pb) Project: JORC Resource (Indicated and Inferred) Grades Contained Metal Tonnes Sb Pb Ag Au Sb (t) Pb (t) (%) (%) (g/t) (g/t) Total 1,300,000 1.7
Slide 4: ARV Corporate Snapshot
ARV Corporate Snapshot Issued Share Capital (at 31 Dec 2013) Board of Directors ASX Code ARV Guy Robertson (BCom(Hons), CA) Executive Director George Frangeskides (LLB) Non-executive Director Shares on Issue 755.0 million Shannon Coates (BA. LLB) Non-executive Director Options $0.040 Nov/Dec 2
Slide 5: ARV Senior Management
ARV Senior Management Senior Management Team Guy Robertson Executive Director - experienced director and CFO with mining and exploration companies. 25 years experience including CFO/Corporate positions in the exploration sector. Currently director of Metal Bank Ltd. Trevor Woolfe General Manager
Slide 6: ARV Strategy
ARV Strategy Artemis aims to achieve development stage projects through successful exploration and acquisition Feasibility Studies A strong portfolio with a pipeline to development: Eastern Hills (Sb) Mt Clement (Au) Exploration/discovery Resource Drilling West Pilb – Carlow Acquisitions Castle
Slide 7: ARV Antimony focus: Why antimony?
ARV Antimony focus Why antimony (Sb)? Antimony is a specialty metal Uses - in fire retardants, hardener in alloys, lead acid batteries, PET plastic production Strong demand since early 2000s Global output dominated by China (around 85%) Alternative, lower sovereign risk sources required
Slide 8: ARV Antimony focus: Why antimony? Pricing
ARV Antimony focus Why antimony (Sb)? Antimony price* - has surged in past ten years around U$10,000/t Increased by >400% Strong pricing relative to other base metals Commodity Latest Relative grades Relative price* per tonne ore value per ~45% higher than copper (U$7,000/t) tonne ore# Sb
Slide 9: Antimony-Lead: Eastern Hills Project
Antimony-Lead: Eastern Hills Project 9
Slide 10: Eastern Hills Location and Tenure
Eastern Hills Project: Antimony and Lead Location and Tenure Location in prospective Ashburton Basin; - 30km SE of 1Moz Paulsens Gold Mine - 20km from sealed Paraburdoo Hwy - <1km SE of Artemis’ Mt Clement Gold Project ARV holds 80:20 JV interest for gold: - with Northern Star Resources Limited
Slide 11: Eastern Hills History
Eastern Hills Project: Antimony and Lead History Discovered by Taipan Resources NL in 1996-97 14 RC historic drillholes defined a vein hosted deposit No further exploration until 2013 Artemis estimated (Jan13) Exploration Target in range: 410kt-1.25Mt @ at 1.5-1.9% Sb and 2.1-2.7% (Pb)1 - wi
Slide 12: Sep-Oct 2013 Drilling – Taipan Zone
Eastern Hills Project: Antimony and Lead Sep-Oct 2013 Drilling – Taipan Zone 1996-97 RC Drilling - 14 holes, total 1,469m - 600m strike - 120m vertical depth Sep-Oct 2013 RC Drilling - 15 holes, total 2,470m - 1,000m strike - 220m vertical depth - Open to the east - Open at depth 12
Slide 13: 2013 Artemis Drilling Results
Eastern Hills Project: Antimony and Lead 2013 Artemis Drilling Results Significant intercepts (>2% Sb) Drillhole No. From To Intersection Sb grade Pb grade Au grade Ag grade (m) (m) width (m) (%) (%) (g/t) (g/t) AREHRC002 101 102 1 1.9 2.2 0.01 7 164 168 4 2.1 2.5 0.06 38 incl. 164 165 1 3.3 3.9 0
Slide 14: 2013 Artemis Drilling Results
Eastern Hills Project: Antimony and Lead 2013 Artemis Drilling Results Results: Artemis drilling confirms simple geological model 2 twin holes validate historical holes Extended strike length by ~400m Mineralised zone deepened by up to 110m Remains open at depth and along strike to east
Slide 15: Taipan Zone JORC Resource
Eastern Hills Project: Antimony and Lead Taipan Zone INDICATED RESOURCE Grades Contained Sb % Category Tonnes Metal Cut-off Grade Sb (%) Pb (%) Ag (g/t) Au (g/t) (Sb) t. Maiden JORC Resource 2.00 Indicated 2.9 5.4 44 0.73 8,400 285,986 Strike length 850m (open to east) 1.50 Indicated 498,805 2.4
Slide 16: JORC Resource Block Model
Eastern Hills Project: Antimony and Lead JORC Resource Block Model Simple geology Good continuity Open at depth and along strike (to east) Bench Plan Cross sections 16
Slide 17: Additional potential to expand resource
Eastern Hills Project: Antimony and Lead Additional potential to expand resource4 3 new zones identified Sep 2013 - Dugite Zone - Gwardar Zone - Tiger Zone Similar alteration to Taipan Zone - Total strike up by 350% to 2.8km - Up to 35.7% antimony in rock chip samples - New drill targets identified
Slide 18: Additional potential to expand resource
Eastern Hills Project: Antimony and Lead Additional potential to expand resource4 Drilling to re-commence in 2014 Dugite (East) Zone - New very high grade zone - >150m strike length - 80m north of Taipan Zone Very high grade rock chip results - 35.7% Sb, 29.0% Pb, 1335g/t Ag - 33.0% Sb, 30.5% Pb, 15
Slide 19: Eastern Hills Proposed Timeline to PFS
Eastern Hills Project: Antimony and Lead Eastern Hills Proposed Timeline to PFS 19
Slide 20: Recent Antimony Transactions
Eastern Hills Project: Antimony and Lead Recent Antimony Transactions Date Deposit Country Acquirer Seller Value Sept 2009 Beaver Brook Canada Hunan Non-Ferrous Beaver Brook C$30m May 2011 Bielsdown Australia Shandong Jinshunda Anchor Res A$16m Mar 2013 Hillgrove Australia Bracken Pty Ltd Straits Re
Slide 21: Gold: Mt Clement Project
Port Heong, (7 Mtclement fae project cameron ¥ Meskatnans Y, Wyloo Homestead 22.7°S] Gold: Mt Clement Project 1 \ \ \ \ Key 08/1606 : ‘Artemis 100% Artemis 80%, Norther Star (Vo go) | 7 228°s-] MtClement Au ™M08/191~ ~ 08/193 ARTEMIS RESOURCES LTD a Mt Clement Project 0 28 5 =— PROJECT LOCALITY Kilo
Slide 22: Mt Clement Gold - Overview
Gold: Mount Clement Gold Project Mt Clement Gold - Overview 500m from Eastern Hills antimony-lead deposit ARV (80%) manages JV with Northern Star Resources JORC-compliant inferred gold-silver resource Potential to increase resources via further drilling. Northern Star operates the >100,000
Slide 23: Gold: Mount Clement Gold Project
Gold: Mount Clement Gold Project Artemis best drill results include: 6m at 8.81g/t Au 20m at 7.32g/t Au 4m at 9.33g/t Au 23
Slide 24: Gold: Yandal Project
eZ DPD >>> fe Gold: *Nutlagine | WESTERN AUSTRALIA Yandal Project — _/ \ Meekatharra ) Goraldton a che , | (Artemis 24
Slide 25: Yandal Project Overview
Gold: Yandal Project Overview Newmont’s Jundee (7Moz) mine 80km to NW Bronzewing (4Moz) gold mine 30km to the south Artemis holds… >28,000ha of greenstone belt (red) 17,000ha of tenements under application (blue) Much of the greenstone belt is under cover, hence significantly under-explo
Slide 26: Cu, Au, Ni, Fe: West Pilbara Project
Cu, Au, Ni, Fe : West Pilbara Project 26
Slide 27: ARV West Pilbara Tenements Overview
ARV West Pilbara Tenements Overview Significant land package acquired mid 2012 >40 prospective tenements covering ~700 sq km Prospective for gold, copper, nickel and iron ore targets Walk-up drill targets defined by VTEM and air-mag Gold projects include Carlow Castle: Exploration Target
Slide 28: ARV Strategy Overview
ARV Strategy Overview Short/Medium Term Objectives Preliminary metallurgical tests at Eastern Hills – Taipan Zone Rockchip results to define antimony drill targets on Dugite, Gwardar and Tiger Zones Scoping study to assess economic parameters of Eastern Hills antimony resource Stage 2 drilli
Slide 29: Artemis Resources Limited Contact
Artemis Resources Limited ASX Code: ARV Head Office: Website: Level 9, 50 Margaret Street www.artemisresources.com.au Sydney NSW 2000 Investor Contacts: Guy Robertson – Executive Director Trevor Woolfe – General Manager Exploration guy@artemisresources.com.au trevor@artemisresources.com.au T + 61 2
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