Artemis Resources Limited · ASX:ARV

Artemis Resources — Investor Presentation (January 2014)

29 slides from Artemis Resources's investor presentation, Jan 30, 2014

  1. Slide 1: Artemis Resources Investor Update January 2014

    Artemis Resources Ltd ANTIMONY AND GOLD EXPLORATION COMPANY ASX: ARV Investor Update January 2014 1

  2. 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

  3. 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

  4. 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

  5. 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

  6. 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

  7. 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 

  8. 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

  9. Slide 9: Antimony-Lead: Eastern Hills Project

    Antimony-Lead: Eastern Hills Project 9

  10. 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

  11. 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

  12. 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

  13. 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

  14. 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

  15. 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

  16. 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

  17. 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

  18. 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

  19. Slide 19: Eastern Hills Proposed Timeline to PFS

    Eastern Hills Project: Antimony and Lead Eastern Hills Proposed Timeline to PFS 19

  20. 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

  21. 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

  22. 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

  23. 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

  24. Slide 24: Gold: Yandal Project

    eZ DPD >>> fe Gold: *Nutlagine | WESTERN AUSTRALIA Yandal Project — _/ \ Meekatharra ) Goraldton a che , | (Artemis 24

  25. 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

  26. Slide 26: Cu, Au, Ni, Fe: West Pilbara Project

    Cu, Au, Ni, Fe : West Pilbara Project 26

  27. 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

  28. 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

  29. 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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