This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

8 January 2025

Artemis Resources Limited

("Artemis" or the "Company")

Directorate Changes

HIGHLIGHTS

·    Mr Julian Hanna to be appointed Managing Director

·    Highly experienced geologist and gold, copper and nickel industry executive, Julian Hanna to be appointed Managing Director of Artemis, subject to LSE AIM market procedures.

·    Mr Hanna has been involved in a technical consulting role with Artemis to assist the development of the Pilbara gold exploration strategy which will culminate in a number of high quality targets planned to be drilled starting early 2025.

·    Mr George Ventouras, the Company's Executive Director, has resigned with immediate effect to take up a role in another company.

Artemis (ASX/AIM: ARV) Artemis is pleased to announce that, further to the announcement dated 5 December 2024, it proposes to appoint Mr. Julian Hanna, a highly experienced and accomplished mining industry executive, as the Company's Managing Director elect, subject to required AIM Market procedures.

Artemis also announces that George Ventouras, Executive Director, has tendered his resignation from Artemis with immediate effect in order to take up another role.

Guy Robertson, Chairman of Artemis, commented:

"Having now worked with Julian for a number of months, we are confident that he has the experience and leadership skills to make substantial contributions to Artemis going forward, as Artemis embarks on an extensive drilling campaign, following the successful fundraising at the back of last year.

I take this opportunity to thank George Ventouras for his contribution to the Company over the last fourteen months and wish him well in his future endeavours."

Julian Hanna, Managing Director - elect, commented:

"I am delighted to accept the role of Managing Director at Artemis and look forward to working with the Board and technical team to build on previous results, notably at the Karratha Gold Project where drilling of a number of exciting targets will get underway soon.

Following the recent successful capital raise, the Company has significant opportunity to exploit the potential within its existing projects and to review new opportunities being presented. I look forward to a transformational year ahead with the initial objective to assist in delivering new mineral discoveries which may add significant value to the Company."

ENDS

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

About Artemis Resources

Artemis Resources (ASX/AIM:ARV) is a gold, copper and lithium focused resources company with projects in the north Pilbara region of Western Australia. The Company's main projects include;

·     Karratha Gold Project including the significant Carlow Castle gold/copper deposit

·     Karratha Lithium Project including the high-grade Mt Marie Lithium Prospect and the Osborne Lithium JV (Artemis 49%; GreenTech Metals (ASX:GRE 51%)

·     Paterson Central Gold/Copper project in the Paterson Province (adjacent to Greatland Gold's gold-copper discovery at Havieron and only ~42km from the Telfer gold mine)

·     Artemis also owns the Radio Hill processing plant, located 35km from Karratha

Artemis is focused on discovering multiple gold prospects within its +200km² tenement package that can build upon the initial Mineral Resource at Carlow. The majority of the tenement package has been lightly explored and is now the subject of methodical exploration programs to identify and drill test high priority targets associated with outcropping gold mineralized veins, adjacent alteration halos and EM anomalies associated with prospective geological structures.

Artemis will also continue to progress the Karratha Lithium Project to follow up encouraging early results within the highly fertile Andover lithium corridor which extends ~12 km across Artemis 100% and JV holdings.  This is expected to lead to drilling of the most advanced targets in due course.