Slide 1: Investor Update October 2013
For personal use only Artemis Resources Ltd ANTIMONY AND GOLD EXPLORATION COMPANY ASX: ARV Investor Update October 2013 1
Slide 2: Disclaimer
For personal use only 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
Slide 3: Highlights
ARTEMIS RESOURCES LIMITED (ASX:ARV) Highlights For personal use only Portfolio of quality metals assets in proven producing regions of WA; Eastern Hills Antimony-Lead (Sb-Pb) Project: Exploration Target1 410kt-1.25Mt @ 1.5-1.9% Sb & 2.1-2.7% Pb Mt Clement Gold Project: JORC Inferred Resource2
Slide 4: ARV Corporate Snapshot
ARV Corporate Snapshot Board of Directors For personal use only Issued Share Capital (at 30 Sept 2013) ASX Code ARV Guy Robertson (BCom(Hons), CA) Executive Director George Frangeskides (LLB) Non-executive Director Shares on Issue 744.0 million Shannon Coates (BA. LLB) Non-executive Director O
Slide 5: ARV Senior Management
ARV Senior Management For personal use only 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. Current directorships include Hastings Rare Met
Slide 6: ARV Strategy
ARV Strategy For personal use only Artemis aims to achieve development stage projects through successful exploration and acquisition Feasibility Studies A strong portfolio with a pipeline to development: Mt Clement (Au) Exploration/discovery West Pilbara - Carlow Resource Drilling Castle (Au) Ac
Slide 7: ARV Antimony focus: Why antimony (Sb)?
ARV Antimony focus Why antimony (Sb)? For personal use only 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 ri
Slide 8: ARV Antimony focus: antimony price
ARV Antimony focus For personal use only Why antimony (Sb)? Antimony price* - has surged in past ten years around U$10,500/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
Slide 9: Antimony-Lead: Eastern Hills Project
For personal use only Antimony-Lead: Eastern Hills Project 9
Slide 10: Eastern Hills Project: Location and Tenure
Eastern Hills Project: Antimony and Lead For personal use only 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 S
Slide 11: Eastern Hills Project: Overview
Eastern Hills Project: Antimony and Lead Overview For personal use only Discovered by Taipan Resources NL in 1996-97 Artemis estimated (Jan13) Exploration Target in range: 410kt-1.25Mt @ at 1.5-1.9% Sb and 2.1-2.7% (Pb)1 - with precious metal credits - 0.22g/t Au & 26g/t Ag 14 RC historic dril
Slide 12: Eastern Hills Project: Artemis Results – early 2013
Eastern Hills Project: Antimony and Lead Artemis Results – early 2013 For personal use only Rockchip sampling in March returned high grade antimony, lead and silver results Antimony: maximum 7.5% Sb Lead: maximum 16.8% Pb Silver: maximum 115 g/t Ag Gold: maximum value 0.7 g/t Au Sample 238
Slide 13: Sep-Oct '13 Artemis Drilling
Eastern Hills Project: Antimony and Lead Sep-Oct ‘13 Artemis Drilling For personal use only 2,470m RC drill program with objectives to: i. Confirm historical drill results and geology ii. Obtain a maiden JORC compliant resource iii. Expand known mineralisation, both down dip and along strike iv. T
Slide 14: Sep-Oct '13 Drilling – Taipan Zone
Eastern Hills Project: Antimony and Lead Sep-Oct ‘13 Drilling – Taipan Zone For personal use only Jan 13 “Exploration Target” - 14 historical RC holes - 600m strike - 120m vertical depth Sep-Oct 13 RC Drilling - 15 holes, total 2,470m - 1,000m strike - 220m vertical depth - Assays from 9 holes -
Slide 15: Sep-Oct '13 Artemis Drilling: Results to date
Eastern Hills Project: Antimony and Lead Sep-Oct ‘13 Artemis Drilling For personal use only Results to date: Artemis geological model confirmed All holes have hit the mineralised zone Confirms simple geology 2 twin holes validate historical holes - grades enhanced by ~35% Extended strike
Slide 16: Sep-Oct '13 Artemis Drilling Results
Eastern Hills Project: Antimony and Lead Sep-Oct ‘13 Artemis Drilling Results For personal use only Significant intercepts (>1.0% Sb) Drillhole No. From To Intersection Sb Pb Au Ag (m) (m) width (m) grade grade grade grade (%) (%) (g/t) (g/t) AREHRC001 57 59 2 1.8 2.6 0.09 4 AREHRC002 101 102 1 1.
Slide 17: Additional potential to expand mineralisation
Eastern Hills Project: Antimony and Lead Additional potential to expand mineralisation For personal use only 3 new zones identified Sep 13 - Dugite Zone - Gwardar Zone - Tiger Zone Similar alteration to Taipan Zone - Increased total strike by 350% - Up to 5% antimony in rock chip samples - Requires
Slide 18: Eastern Hills Proposed Timeline to PFS
Eastern Hills Project: Antimony and Lead Eastern Hills Proposed Timeline to PFS For personal use only 18
Slide 19: Gold: Mt Clement Project
For personal use only Gold: Mt Clement Project 19
Slide 20: Mt Clement Gold - Overview
Gold: Mount Clement Gold Project Mt Clement Gold - Overview For personal use only 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 >100,000oz pa Paulsens gold mine (
Slide 21: Mount Clement Gold Project drill results
Gold: Mount Clement Gold Project For personal use only Artemis best drill results include: 6m at 8.81g/t Au 20m at 7.32g/t Au 4m at 9.33g/t Au 21
Slide 22: Gold: Yandal Project
For personal use only Gold: Yandal Project 22
Slide 23: Gold: Yandal Project Overview
Gold: Yandal Project For personal use only Overview Newmont’s Jundee (7Moz) mine 80km to NW Bronzewing (4Moz) gold mine 30km to the Sth Artemis holds… >28,000ha of greenstone belt (red) 17,000ha of tenements under application (blue) Much of the greenstone belt is under cover, hence signi
Slide 24: Cu, Au, Ni, Fe: West Pilbara Project
For personal use only Cu, Au, Ni, Fe : West Pilbara Project 24
Slide 25: ARV West Pilbara Tenements
ARV West Pilbara Tenements Overview For personal use only Significant land package acquired mid 2012 >40 prospective tenements covering ~700 sq km Prospective for gold, copper, iron ore and nickel targets Walk-up drill targets defined by VTEM and air-mag Gold projects include Carlow Castle
Slide 26: ARV Strategy Overview
ARV Strategy Overview For personal use only Short/Medium Term Objectives Achieve maiden JORC compliant resource at Eastern Hills (Q4 2013) Generate new antimony drill targets on Dugite, Gwardar and Tiger Zones Scoping study to assess economic parameters of Eastern Hills antimony resource Sta
Slide 27: Artemis Resources Limited Contacts
Artemis Resources Limited ASX Code: ARV For personal use only Head Office: Level 9, 50 Margaret Street 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 9078 7671 T + 6