IRW-PRESS: Artemis Resources Ltd. : Artemis Resources Ltd.: Tiefere Bohrungen bei Carlow Castle
zeigen Tiefenpotenzial auf

Tiefere Bohrungen bei Carlow Castle zeigen Tiefenpotenzial auf 

25 m mit 3,38g/t Au, 0,24 % Co, 0,77 % Cu ab 228 m Tiefe (ARC184) 
einschließlich: 5 m mit 9,62g/t Au, 0,65 % Co, 0,79 % Cu ab 238 m Tiefe (ARC 184)

25. September 2018, Artemis Resources Limited (Artemis oder das Unternehmen) (ASX:ARV,
Frankfurt:ATY, US OTC:ARTTF) freut sich, die aktuellen Bohrergebnisse aus dem unternehmenseigenen
Projekt Carlow Castle im Westen der Region Pilbara in Western Australia bekannt zu geben. 
 
WICHTIGSTE FAKTEN

Aus dem unternehmenseigenen Projekt Carlow Castle warden weiterhin hochgradige Gold-, Kobalt- und
Kupferproben aus flachen und tieferen Bohrlöchern gewonnen, wobei die neuen Durchschneidungen
das Tiefenpotenzial des Systems in der mineralisierten Scherzone hervorheben. 

Zu den besten Abschnitten aus dem Bereich von Carlow Castle South East zählen:

- 25 m mit 3,38g/t Au, 0,24 % Co, 0,77 % Cu ab 228 m Tiefe (ARC184) 
- einschließlich:  5 m mit 9,62g/t Au, 0,65 % Co, 0,79 % Cu ab 238 m Tiefe (ARC 184)
- 43 m mit 0,99g/t Au, 0,16 % Co and 1,05 % Cu ab 66 m Tiefe (ARC 175) 
- einschließlich: 2 m mit 4,71g/t Au, 1,04 % Co, 1,44 % Cu ab 65 m Tiefe
- 34 m mit 1,27g/t Au, 0,06 % Co, 1,34 % Cu ab 47 m Tiefe (ARC 164)
- einschließlich: 5 m mit 4g/t Au, 0,03 % Co, 2,48 % Cu ab 71 m Tiefe
- 9 m mit 3,45g/t Au, 0,21 % Co and 0,83 % Cu ab 50 m Tiefe (ARC 177)
- einschließlich: 3 m mit 7,86g/t Au, 0,45 % Co and 1,42 % Cu ab 55 m Tiefe
- 24 m mit 0,77g/t Au, 0,05 % Co and 1,80 % Cu ab 4 m Tiefe (ARC 162)
- 14 m mit 3,21g/t Au, 0,07 % Co and 1,55 % Cu ab 25 m Tiefe (ARC 173)
- Zusätzliche Analyseergebnisse stehen noch aus.

Wayne Bramwell, Chief Executive Officer von Artemis, erklärt:

Die aktuellen Ergebnisse bestätigen uns weiterhin in unserer Einschätzung, dass
innerhalb des umfassenderen Systems bei Carlow Castle mehrere Mineralisierungsereignisse stattfanden
und Erweiterungen in der Tiefe bestehen. 

Artemis liegt im Plan für eine aktuelle Ressourcenschätzung im vierten Quartal. Danach
sind zusätzliche Erweiterungs- und Ergänzungsbohrungen (Infill) geplant, um den breiteren
Umfang und die internen Ausgangsstrukturen dieser wachsenden Au-Co-Cu-Lagerstätte zu
definieren.

AKTUELLE BOHRERGEBNISSE

Das Au-Co-Cu-Projekt Carlow Castle umfasst derzeit drei Lagerstätten (Carlow Castle South,
Quod Est und Carlow Castle South East) und ist rund 35 km von der Verarbeitungsanlage Radio Hill
entfernt, die sich ebenfalls zu 100 % in Besitz von Artemis befindet. Die Mineralisierung bei Carlow
Castle ist innerhalb der vorwiegend aus dem Archaikum stammenden mafischen Gesteinssequenz in
Chlorit-Scherungszonen eingebettet. Die Erzzonen haben oberhalb von 20 m Tiefe zum Teil oxidischen
Charakter, während sich in der Tiefe die sulfidischen Erze ausbreiten.

Die sulfidischen Erze sind in erster Linie Kupferkies, Kobaltit und Pyrit, wobei in einigen
Proben auch Chalkosin und natives Kupfer zu finden ist, was auf eine supergene Anreicherung in den
oberen Bereichen der Sulfidzone hindeutet. 

Dieses Bohrprogramm bei Carlow Castle konzentrierte sich auf den ersten 1,2 km langen
Teilabschnitt eines 4 km langen Mineralisierungstrends, der mithilfe von geophysikalischen und
geochemischen SAM-Messungen (Sub Audio Magnetics) erfasst wurde. Die Mineralisierung wurde in
Nord-Süd-Richtung von Quod Est ausgehend bis Carlow Castle South (auf 500 Meter) durchteuft;
die Hauptstreichrichtung der Mineralisierung bei Carlow Castle ist Ost-West. 

Ziel der Bohrungen war es, ergänzende Löcher niederzubringen (Infill) und die
Streichlänge von 1,2 km in Ost-West-Richtung zu erweitern bzw. die Zonen Quod Est, Carlow
Castle South und Carlow Castle South East zu einer größeren Ressource zusammenzufassen
(Abbildung 1). Dieser in Ost-West-Richtung verlaufende Trend ist entlang des Streichens und in der
Tiefe offen und die hierin veröffentlichten Ergebnisse bestätigten das Tiefenpotenzial am
östlichen Ende des Systems.

Abbildung 1: Bohrplan für Carlow Castle
(mit Darstellung der jüngsten Abschnitte 507520mE und 507600mN)
https://www.irw-press.at/prcom/images/messages/2018/44675/20180925_ Carlow Castle Drilling
Update_v0_DE_PRCOM.001.png


Abschnitt 507600mE (Carlow Castle South East)

Mit zunehmendem Fortschreiten des Streichens von Carlow Castle South East nach Osten scheint die
Neigung nach Süden beständiger zu werden (siehe Abbildung 2). Wichtig ist, dass dieser
Streckenzug eine ausgeprägte Gold-Kupfer-Mineralisierung ab Oberflächenniveau in allen
Löchern durchteuft hat, wobei sich die Kobaltwerte mit zunehmender Tiefe zu verbessern
scheinen. Es wird angenommen, dass die Mineralisierung hier stark von einem ein Kupfermantel mit
1.000 ppm (0,1 %) definiert wird, ausgenommen in der Nähe der Oberfläche, wo ein
supergener Einfluss besteht. 

+Abbildung 2 - Carlow Castle South East (Abschnitt 507600mE)
(Neue Durchschneidungen sind gelb markiert)

https://www.irw-press.at/prcom/images/messages/2018/44675/20180925_ Carlow Castle Drilling
Update_v0_DE_PRCOM.002.jpeg


Abschnitt 507520mE (Carlow Castle South East)

Die zuvor gemeldete Mineralisierung, die in den Löchern ARC138 und ARC129 durchteuft wurde,
wurde durch ein Scherenloch (ARC184) entlang von Abschnitt 507520mE bestätigt. Die Bohrungen
deuten darauf hin, dass die hochgradigere Mineralisierung in eine breitere Scherzone eingebettet
ist, die vom Kupfermantel mit 1.000 ppm (0,1 %) definiert ist (siehe Abbildung 3). Es wird
angenommen, dass diese Scherzone linsenförmige Erzzonen mit variablen Neigungen erzeugt, wobei
die Mineralisierung in der Tiefe bei 200 m ab Oberflächenniveau offen ist. 

Die geplanten zukünftigen Bohrungen werden weitere Diamantscherlöcher beinhalten, um
die Mächtigkeit und Ausrichtung der Strukturen in dieser Scherzone besser definieren zu
können. 

Abbildung 3 - Carlow Castle South East (Abschnitt 507520mE )
(Neue Durchschneidungen sind gelb markiert)

https://www.irw-press.at/prcom/images/messages/2018/44675/20180925_ Carlow Castle Drilling
Update_v0_DE_PRCOM.003.jpeg


Alle wichtigen Durchschneidungen finden Sie in Appendix A.

BLICK IN DIE ZUKUNFT

Weitere Analyseergebnisse für diese Bohrrunde bei Carlow Castle stehen noch aus und werden
veröffentlicht, wenn diese vorliegen. Von den bisher bei Carlow Castle absolvierten Bohrungen
waren rund 6,5 % Diamantbohrungen; diese sollen weiter ausgebaut werden, um Datenmaterial für
künftige Struktur- und Geotechnikstudien zu liefern. Im Zuge künftiger Bohrungen (im
Anschluss an eine neue Ressourcenschätzung) wird gezielt untersucht, ob eine zusätzliche
Streichenerweiterung möglich ist, und in einigen Bereichen werden Ergänzungsbohrungen
niedergebracht, um die wichtigsten Ausgangsstrukturen der Mineralisierung zu definieren.

https://www.irw-press.at/prcom/images/messages/2018/44675/20180925_ Carlow Castle Drilling
Update_v0_DE_PRCOM.004.png

Abbildung 4: Regionaler Lageplan von Carlow Castle 

Weitere Informationen über diese Meldung oder das Unternehmen generell erhalten Sie auf
unserer Website unter www.artemisresources.com.au oder über: 

Edward Mead                                         
Executive Director                                              
Telefon: +61 407 445 351

Wayne Bramwell                                   
Chief Executive Officer                                      
Telefon: +61 417 953 073

David Tasker                                          
Berater - Chapter One                                      
Telefon : +61 433 112 936

ASX : ARV
FRANKFURT : ATY
US OTC : ARTTF

Basis-, Batterie- und Edelmetalle
aArtemis Resources Limited ist ein australisches Mineralerschließungsunternehmen, das seine
Basis-, Batterie- und Edelmetallprojekte im Westen der australischen Region Pilbara zu
Produktionsbetrieben erweitert.
Artemis hat ausgedehnte Konzessionsflächen im Westen der Region Pilbara zusammengelegt und
ist alleiniger Besitzer der Verarbeitungsanlage Radio Hill samt der dazugehörigen
Infrastruktur, die sich in 30 km Entfernung von der Stadt Karratha, dem wirtschaftlichen Zentrum der
Region Pilbara, befindet.

Sie wollen mehr über Artemis erfahren?

Dann kontaktieren Sie bitte:
 
Edward Mead - Executive Director
E: ed.mead@artemisresources.com.au

Wayne Bramwell - Chief Executive Officer
E: wayne.bramwell@artemisresources.com.au

David Tasker - Media Advisor
E: dtasker@chapteroneadvisors.com.au 
P : +61 433 112 936

oder besuchen Sie die Webseite von Artemis bzw.
folgen Sie uns auf Twitter.

Artemis Resources Limited

Suite 1, 11 Ventnor Ave
West Perth WA
Australien, 6005


Tel: +61 8 6319 0000
E-Mail: info@artemisresources.com.au 
 www.artemisresources.com.au 
Twitter - @Artemis_ARV

Stellungnahme der Sachverständigen

Die Informationen in dieser Mitteilung, die sich auf Explorationsergebnisse und Explorationsziele
beziehen, basieren auf Informationen, die von Allan Younger, Mitglied des Australasian Institute of
Mining and Metallurgy, zusammengestellt oder überprüft wurden.  Herr Younger ist Berater
des Unternehmens. Herr Younger verfügt über ausreichende Erfahrungen, wie sie für die
Art der hier dargestellten Mineralisierung bzw. Lagerstätte und auch für die von ihm
durchgeführten Tätigkeiten maßgeblich sind. Er hat somit die entsprechenden
Qualifikationen, die ihn zum Sachverständigen gemäß den einschlägigen
australischen Richtlinien der Berichterstattung (Australasian Code for Reporting of Exploration
Results, Mineral Resources and Ore Reserves, Ausgabe 2012) befähigen. 

Herr Younger stimmt zu, dass die von ihm vorgelegten Informationen in dieser Form und in diesem
Zusammenhang in der vorliegenden Meldung veröffentlicht werden.


HINTERGRUNDINFORMATIONEN ZU ARTEMIS RESOURCES


Artemis Resources Limited ist ein Explorations- und Erschließungsunternehmen, dessen
Hauptaugenmerk auf seine großen (~2.400 km2) und aussichtsreichen Basis-, Batterie- und
Edelmetallprojekte in der Region Pilbara in Western Australia gerichtet ist. 

Die Verarbeitungsanlage Radio Hill mit 500.000 Tonnen pro Tag Kapazität und die
dazugehörige Infrastruktur, die rund 35 km südlich der Stadt Karratha liegt, steht zu 100
% im Besitz von Artemis. Das Unternehmen bewertet die JORC Code-konformen Gold-, Nickel-,
Kupfer-Kobalt-, Platingruppenelement- und Zinkressourcen aus den Jahren 2004 und 2012, die sich
allesamt in einem Umkreis von 40 km von der Anlage Radio Hill befinden. 

Artemis hat mit Novo Resources Corp. (Novo), das an der kanadischen TSX Venture Exchange
(TSXV:NVO) notiert ist, definitive Vereinbarungen unterzeichnet. Gemäß diesen
Vereinbarungen hat Novo seine Ausgabeverpflichtung erfüllt und 50 % der Rechte an der
Goldmineralisierung (und anderen Mineralen, die notwendigerweise mit dem Gold abgebaut werden) aus
Konglomerat- und/oder Paläo-Seifenlagerstätten in den Konzessionen von Artemis innerhalb
eines Umkreises von 100 km von der Stadt Karratha, einschließlich Purdys Reward, erworben (die
Goldrechte). Die Goldrechte beinhalten nicht:

(i)-Goldmineralisierungen in den bestehenden (Stand: 18. Mai 2017) JORC Code-konformen Ressourcen
und Reserven von Artemis; oder
(ii)-Goldmineralisierungen, die nicht aus Konglomerat- und/oder
Paläo-Seifenlagerstätten stammen; oder
(iii)-andere Mineralienvorkommen als Gold. 

Die Konzession Mt Oscar von Artemis ist von den definitiven Vereinbarungen ausgenommen. Die
definitiven Vereinbarungen betreffen 36 Konzessionen/Konzessionsanträge, die sich zu 100 % im
Besitz von Artemis befinden. 
Nach dem erfolgreichen Earn-in von Novo wurden zwei 50:50-Joint Ventures zwischen Novos
Tochtergesellschaft, Karratha Gold Pty Ltd (Karratha Gold), und zwei Tochtergesellschaften von
Artemis (KML No 2 Pty Ltd und Fox Radio Hill Pty Ltd) gegründet. Die Joint Ventures werden von
Karratha Gold als ein Projekt verwaltet, wobei Artemis und Novo jeweils 50 % zur weiteren
Exploration oder der möglichen Förderung der Goldrechte beitragen. 

Zukunftsgerichtete Aussagen und wichtiger Hinweis

Diese Mitteilung enthält Prognosen, Vorhersagen und zukunftsgerichtete Informationen. Obwohl
das Unternehmen der Ansicht ist, dass seine Erwartungen, Schätzungen und Prognoseergebnisse auf
vernünftigen Annahmen beruhen, kann es nicht garantieren, dass diese erreicht werden.
Erwartungen, Schätzungen und Prognosen sowie vom Unternehmen bereitgestellte Informationen sind
keine Garantie für zukünftige Entwicklungen und beinhalten unbekannte Risiken und
Unsicherheiten, von denen viele nicht im Einflussbereich von Artemis liegen.

Die tatsächlichen Ergebnisse und Entwicklungen werden mit ziemlicher Sicherheit wesentlich
von den geäußerten oder implizierten Erwartungen abweichen. Artemis hat die Richtigkeit
und Vollständigkeit der in dieser Mitteilung enthaltenen Informationen, Aussagen und Meinungen
weder geprüft noch untersucht. Artemis gibt keine Zusicherungen, Garantien oder
Gewährleistungen, weder ausdrücklich noch stillschweigend, ab und übernimmt keine
Verantwortung oder Haftung für die Echtheit, Gültigkeit, Genauigkeit, Eignung oder
Vollständigkeit der in dieser Mitteilung enthaltenen Informationen, Aussagen oder Meinungen
sowie für die Allgemeingültigkeit des Vorstehenden, das Erreichen oder die Genauigkeit von
Prognosen, Vorhersagen oder anderen zukunftsgerichteten Informationen, auf die in dieser Mitteilung
Bezug genommen wird.

Anleger sollten eigene Auskünfte einholen und sich auf diese verlassen, bevor sie sich
für einen Erwerb von oder Handel mit Wertpapieren des Unternehmens entscheiden.

Die Ausgangssprache (in der Regel Englisch), in der der Originaltext veröffentlicht wird,
ist die offizielle, autorisierte und rechtsgültige Version. Diese Übersetzung wird zur
besseren Verständigung mitgeliefert. Die deutschsprachige Fassung kann gekürzt oder
zusammengefasst sein. Es wird keine Verantwortung oder Haftung für den Inhalt, die Richtigkeit,
die Angemessenheit oder die Genauigkeit dieser Übersetzung übernommen. Aus Sicht des
Übersetzers stellt die Meldung keine Kauf- oder Verkaufsempfehlung dar! Bitte beachten Sie die
englische Originalmeldung auf www.sedar.com, www.sec.gov, www.asx.com.au/ oder auf der
Firmenwebsite!

APPENDIX A
Table 1: Significant Intersections in Carlow Castle Project
Hole_CommentFrom To   m    Au   Co % Cu % Zn %
ID   s      (m)   (m)       g/t

ARC15       32   39   7    0.5  0.08 1.01
6

ARC15       143  146  3    3.88 0.37 0.02
6

ARC16       4    28   24   0.77 0.05 1.8
2

ARC16       24   56   32   0.93 0.03 1.25
3

ARC16       24   26   2    2.75 0.11 3.8
3

ARC16       47   81   34   1.27 0.06 1.34
4

ARC16includi71   76   5    4    0.03 2.48
4    ng

ARC16NSI
7

ARC17NSI
1

ARC17       5    9    4    0.43 0.07 0.61
2

ARC17       25   39   14   3.21 0.07 1.55
3

ARC17       43   52   9    0.84 0.1  2.54
4

ARC17       66   109  43   0.99 0.16 1.05
5

ARC17includi70   72   2    4.71 1.04 1.44
5    ng

ARC17includi105  108  3    2.67 0.11 2.71
5    ng

ARC17NSI
6

ARC17       50   59   9    3.45 0.21 0.83
7

ARC17includi55   58   3    7.86 0.45 1.42
7    ng

ARC17NSI
8

ARC17NSI
9

ARC18       100  101  1    1.41 0.1  1.12
0

ARC18NSI
1

ARC18       51   54   3    0.46 0.01 1.00
2

ARC18NSI
3

ARC18       228  263  25   3.38 0.24 0.77
4

ARC18includi230  231  1    16.050.4  2.18
4    ng

ARC18includi238  243  5    9.62 0.65 0.79
4    ng

ARC18NSI
5

ARC18NSI    92   95   3    -    -    -    1.06
6

ARC18NSI
7

ARC18NSI
8

ARC18Pending
9


Table 2: Drill Collar Locations
Hole Id   MGA East MGA NorthRL (m) Depth (m)Dip    Azimuth
ARC001    506929.957698920.040.28  72       -60    270
                   9

ARC002    506959.147698916.239.75  90       -60    270
                   7

ARC003    506909.937698896.839.14  54       -60    270
                   0

ARC004    506925.687698896.539.24  78       -60    270
                   0

ARC005    506888.517698919.840.25  60       -60    90
                   0

ARC006    506947.247698894.239.03  90       -60    270
                   6

ARC007    506911.187698937.741.59  48       -60    270
                   9

ARC008    506933.107698937.941.14  78       -60    270
                   4

ARC009    506904.797698960.542.71  48       -60    270
                   7

ARC010    506922.987698961.942.84  78       -60    270
                   3

ARC011    506917.247698917.540.60  48       -60    270
                   8

ARC012    506902.247698878.738.33  48       -60    270
                   3

ARC013    506922.617698879.338.36  72       -60    270
                   2

ARC014    506944.977698880.038.84  90       -60    270
                   9

ARC015    506899.237698837.938.58  48       -60    270
                   7

ARC016    506919.317698838.341.38  78       -60    270
                   2

ARC017    506869.797698799.036.64  48       -60    270
                   7

ARC018    506887.957698799.837.70  48       -60    270
                   3

ARC019    506906.807698800.939.10  60       -60    270
                   6

ARC020    506927.687698801.941.30  90       -60    270
                   1

ARC021    506868.387698761.935.54  48       -60    270
                   9

ARC022    506887.747698761.436.24  48       -60    270
                   4

ARC023    506907.537698760.637.49  78       -60    270
                   4

ARC024    506579.857698699.734.80  60       -60    180
                   7

ARC025    506619.197698698.134.79  66       -60    180
                   3

ARC026    506659.407698699.234.97  66       -60    180
                   9

ARC027    506699.067698699.634.80  60       -60    180
                   7

ARC028    506742.047698701.134.55  60       -60    180
                   8

ARC029    506944.147698957.642.43  84       -60    270
                   4

ARC030    506952.307698938.340.81  90       -60    270
                   3

ARC031    506973.277698916.839.68  102      -60    270
                   7

ARC032    506969.777698896.339.26  108      -60    270
                   4

ARC033    506895.777698937.541.27  23       -60    90
                   9

ARC033a   506893.237698937.441.35  90       -60    90
                   8

ARC034    506973.317698940.140.47  137      -60    270
                   6

ARC036    506579.187698677.434.66  60       -60    180
                   2

ARC037    506579.807698718.935.06  84       -60    180
                   5

ARC038    506579.567698740.735.44  120      -60    180
                   3

ARC039    506777.667698676.134.67  60       -60    180
                   5

ARC040    506778.787698700.734.92  84       -60    180
                   5

ARC041    506779.347698720.735.06  120      -60    180
                   4

ARC042    506780.187698740.835.26  150      -60    180
                   4

ARC043    506897.417698636.033.75  60       -60    180
                   5

ARC044    506898.757698660.934.02  84       -60    180
                   7

ARC045    506899.477698682.434.15  126      -60    180
                   7

ARC046    506900.757698701.734.15  162      -60    180
                   3

ARC047    507477.907698581.029.79  60       -60    180
                   8

ARC048    507478.817698623.530.78  114      -60    180
                   1

ARC049    507478.897698663.230.84  144      -60    180
                   1

ARC050    507321.287698921.035.26  120      -60    0
                   4

ARC051    507237.307699007.937.79  136      -60    0
                   7

ARC052    507119.907698982.038.80  162      -60    0
                   4

ARC053    507120.277699027.241.43  126      -60    0
                   2

ARC054    507239.937698930.536.32  102      -60    0
                   5

ARC055    506536.057698688.934.65  78       -60    180
                   0

ARC056    506537.237698708.534.91  90       -60    180
                   4

ARC057    506538.587698729.535.07  120      -60    180
                   7

ARC058    506619.047698677.534.60  60       -60    180
                   0

ARC059    506619.967698720.234.95  120      -60    180
                   7

ARC060    506659.807698720.735.00  84       -60    180
                   8

ARC061    506660.867698740.435.30  126      -60    180
                   6

ARC062    506700.167698720.635.02  84       -60    180
                   4

ARC063    506700.767698738.635.31  120      -60    180
                   1

ARC064    506741.507698676.034.75  60       -60    180
                   8

ARC065    506742.697698719.435.01  102      -60    180
                   9

ARC066    506743.537698738.335.25  126      -60    180
                   6

ARC067    506817.457698682.434.68  84       -60    180
                   0

ARC068    506818.237698698.134.79  120      -60    180
                   2

ARC069    506819.537698717.735.00  24       -60    180
                   9

ARC069a   506821.177698740.735.24  162      -59    180
                   4

ARC070    506859.977698659.934.30  60       -60    180
                   5

ARC071    506860.657698679.634.44  84       -60    180
                   7

ARC072    506861.287698695.734.57  126      -60    180
                   3

ARC073    506935.817698638.233.73  60       -60    180
                   3

ARC074    506937.987698657.333.72  84       -60    180
                   2

ARC075    506941.877698698.133.99  150      -60    180
                   5

ARC076    507400.587698609.330.48  66       -60    180
                   0

ARC077    507400.507698650.731.23  162      -60    180
                   7

ARC078    506815.367698661.734.44  60       -60    180
                   3

ARC079    507478.027698559.529.86  108      -60    0
                   4

ARC080    507262.217698939.035.53  84       -60    270
                   0

ARC081    506781.507698779.736.00  264      -60    180
                   5

ARC082    506620.497698740.635.31  150      -60    180
                   7

ARC083    506934.497698679.833.85  150      -60    180
                   1

ARC084    506979.137698619.133.21  72       -60    180
                   5

ARC085    506979.647698641.433.61  112      -60    180
                   4

ARC086    506980.157698660.833.67  142      -60    180
                   8

ARC087    506980.267698682.033.58  196      -60    180
                   7

ARC088    507016.437698621.533.25  70       -60    180
                   0

ARC089    507017.157698642.733.28  112      -60    180
                   2

ARC090    507018.637698663.133.48  150      -60    180
                   3

ARC091    507019.247698682.133.39  192      -60    180
                   5

ARC092    507056.177698600.932.85  72       -60    180
                   9

ARC093    507056.247698620.132.91  114      -60    180
                   3

ARC094    507057.267698639.333.03  150      -60    180
                   1

ARC095    507058.557698659.633.05  204      -60    180
                   5

ARC096    507399.317698630.430.83  168      -60    180
                   8

ARC097    507398.347698593.030.44  108      -60    180
                   1

ARC098    507476.267698602.429.74  96       -60    180
                   9

ARC099    506534.827698675.034.35  66       -60    180
                   9

ARC100    506533.667698649.434.61  42       -60    180
                   3

ARC101    506744.207698758.635.66  156      -60    180
                   5

18CCAD001 506701.457698757.335.65  151.9    -60    180
                   3

18CCAD002 506778.937698694.934.86  128.1    -60    180
                   2

18CCAD003 506698.197698680.934.86  119.7    -75    0
                   6

18CCAD004 506819.627698709.634.97  141      -60    180
                   8

18CCAD005 506863.167698712.434.65  123      -60    180
                   2

18CCAD006 506901.247698720.434.82  168.2    -60    180
                   2

18CCAD007 506857.877698633.233.98  117.3    -60    0
                   8

18CCAD008 506932.997698937.941.15  81.5     -60    270
                   3

18CCAD009 506942.277698937.241.00  79.5     -60    270
                   4

18CCAD010 507480.507698641.330.88  171      -60    180
                   9

18CCAD011 507476.277698549.630.03  100.4    -50    0
                   5

18CCAD012 506935.007698900.041.00  122.9    -60    270
                   0

ARC102    507480   7698490  30     186      -60    360
ARC103    507140   7698640  32     66       -60    360
ARC104    507140   7698620  32     100      -60    360
ARC105    507180   7698630  32     66       -60    360
ARC106    507180   7698610  32     100      -60    360
ARC107    507020   7698700  34     200      -60    180
ARC108    507060   7698680  33.5   180      -60    180
ARC109    507100   7698620  32.5   60       -60    180
ARC110    507100   7698640  32.5   100      -60    180
ARC111    507100   7698660  32.5   140      -60    180
ARC112    507100   7698680  34     192      -60    180
ARC113    507220   7698600  31.5   60       -60    180
ARC114    507220   7698620  31.5   100      -60    180
ARC115    507220   7698640  31.5   174      -60    180
ARC116    507220   7698660  31.5   198      -60    180
ARC117    507260   7698600  30.5   126      -60    180
ARC118    507260   7698620  31     126      -60    180
ARC119    507260   7698640  31     180      -60    180
ARC120    507260   7698660  31     222      -60    180
ARC121    507300   7698590  30.5   108      -60    180
ARC122    507300   7698610  30.5   144      -60    180
ARC123    507300   7698630  31     180      -60    180
ARC124    507300   7698650  31     234      -60    180
ARC125    507340   7698610  30.5   144      -60    180
ARC126    507340   7698630  30.5   180      -60    180
ARC127    507340   7698650  31     234      -60    180
ARC128    507340   7698670  31     240      -60    180
ARC129    507440   7698580  30     108      -60    180
ARC130    507440   7698600  30     102      -60    180
ARC131    507440   7698620  30.5   156      -60    180
ARC132    507440   7698640  30.5   204      -60    180
ARC133    507440   7698660  31.5   228      -60    180
ARC134    507400   7698670  31.5   204      -60    180
ARC135    507520   7698580  29.5   100      -60    180
ARC136    507520   7698600  29.5   108      -60    180
ARC137    507520   7698620  30.5   168      -60    180
ARC138    507520   7698640  30.5   228      -60    180
ARC139    507520   7698660  30.5   240      -60    180
ARC140    506460   7698640  34.5   150      -60    180
ARC141    506460   7698680  34.5   120      -60    180
ARC142    506460   7698720  35     120      -60    180
ARC143    506460   7698760  35.5   120      -60    180
ARC144    506540   7698600  34.5   120      -60    360
ARC145    506580   7698640  35     120      -60    360
ARC146    506580   7698620  34.5   162      -60    360
ARC147    507560   7698600  29.5   114      -60    180
ARC148    507560   7698620  29.5   192      -60    180
ARC149    507560   7698640  30.5   192      -60    180
ARC150    507560   7698660  30     179      -60    180
ARC151    506620   7698760  35.5   144      -60    180
ARC152    506620   7698780  36     174      -60    180
ARC153    506660   7698760  35.5   162      -60    180
ARC154    506660   7698780  36     198      -60    180
ARC155    506700   7698780  36     192      -60    180
ARC156    506740   7698780  36     200      -60    180
ARC157    506780   7698760  35.5   180      -60    180
ARC158    506820   7698760  35.5   200      -60    180
ARC159    506860   7698730  35     160      -60    180
ARC160    506940   7698720  35.5   180      -60    180
ARC161    506980   7698700  34     180      -60    180
ARC162    507260   7698580  29     90       -60    180
ARC163    507600   7698630  29     90       -60    360
ARC164    507600   7698610  29     120      -60    360
ARC165    507600   7698590  30.5   144      -60    360
ARC166    507300   7698570  30.5   150      -60    180
ARC167    507340   7698590  30.5   90       -60    180
ARC168    507015   7698940  40     100      -60    270
ARC169    507050   7698940  39     120      -60    270
ARC170    507090   7698940  38     120      -60    270
ARC171    507130   7698980  38     102      -60    270
ARC172    507140   7698640  29     84       -60    360
ARC173    507640   7698620  29     120      -60    360
ARC174    507640   7698600  29     130      -60    360
ARC175    507600   7698570  29     138      -60    360
ARC176    507180   7698600  33     150      -60    180
ARC177    507180   7698620  33     144      -60    180
ARC178    507180   7698640  33     186      -60    180
ARC179    507180   7698660  33     200      -60    180
ARC180    507640   7698580  33     114      -60    360
ARC181    507680   7698650  33     72       -60    360
ARC182    507680   7698630  33     90       -60    360
ARC183    507680   7698610  33     114      -60    360
ARC184    507520   7698420  33     330      -60    360
ARC185    507640   7698720  33     102      -60    360
ARC186    507640   7698700  33     114      -60    360
ARC187    507640   7698680  33     126      -60    360
ARC188    507640   7698660  33     102      -60    360
ARC189    507480   7698420  33     330      -60    360

Note: Holes ARC102 to ARC189 are GPS located only and subject to survey.

Table 3: Significant Assays: >0.5g/t Au, >500ppm Co (0.05%), >5000ppm Cu (0.5%).


Hole Sample FromTo Au   Co   Cu   Ag   As
 Id   No            g/t  ppm  ppm  ppm  ppm

ARC15ARV026217  18 1.34 142  1530 0.5  101
6    85

ARC15ARV026220  21 4.15 174  2000 1.1  128
6    88

ARC15ARV026224  25 0.73 126  3180 1.1  119
6    92

ARC15ARV026332  33 1.35 914  9140 1.9  3040
6    00

ARC15ARV026333  34 0.61 556  2740 0.25 814
6    03

ARC15ARV026334  35 0.15 1050 4650 0.7  817
6    04

ARC15ARV026335  36 0.16 1500 6240 1.1  577
6    05

ARC15ARV026336  37 0.29 534  167007    343
6    06

ARC15ARV026337  38 0.83 886  238007.1  389
6    07

ARC15ARV026338  39 0.1  699  7190 1.5  190
6    08

ARC15ARV026339  40 0.07 631  5870 1.3  142
6    09

ARC15ARV0263104 1050.91 390  153005    495
6    80

ARC15ARV0263107 1080.32 543  3480 0.9  702
6    85

ARC15ARV0263108 1090.65 1230 6820 2.5  1620
6    86

ARC15ARV0263110 1110.37 98   6240 1.9  72
6    88

ARC15ARV0263112 1130.82 1080 6800 3.8  1390
6    90

ARC15ARV0263113 1140.61 164  2710 0.8  87
6    91

ARC15ARV0264123 1240.53 592  856  0.25 743
6    03

ARC15ARV0264143 1449.01 8750 304  0.5  13050
6    25

ARC15ARV0264144 1451.19 997  128  0.25 1420
6    26

ARC15ARV0264145 1461.45 1330 197  0.5  1850
6    27

ARC15ARV0264169 1701.4  1120 1900 0.25 1380
6    53

ARC15ARV0264196 1971.06 176  1210 0.7  256
6    84

ARC15ARV026510  11 0.21 165  152004.5  82
7    16

ARC15ARV026511  12 3.18 166  259005.1  134
7    17

ARC15ARV026513  14 2.39 227  190002    503
7    19

ARC15ARV026525  26 0.12 977  372  0.6  757
7    33

ARC15ARV026693  94 0.72 258  3030 1.1  349
7    09

ARC15ARV026694  95 0.98 109  3250 1    110
7    10

ARC15ARV026695  96 2.5  198  3850 1.2  248
7    11

ARC15ARV0266100 1010.53 2660 1320 0.6  3460
7    16

ARC15ARV0266101 1021.37 3690 177005.4  4810
7    17

ARC15ARV0266103 1040.14 537  994  0.25 697
7    19

ARC15ARV0266108 1090.14 676  1140 0.25 945
7    26

ARC15ARV0266109 1104.69 4350 154005.3  5900
7    27

ARC15ARV0266110 11120.9 9410 6370022.1 12250
7    28

ARC15ARV0266111 11216.659730 7240023.9 12800
7    29

ARC15ARV0266112 1137.08 4800 3360011.9 6450
7    30

ARC15ARV0266113 1142.13 2570 153004.9  3360
7    31

ARC15ARV0266114 1151.05 2150 9480 3    2820
7    32

ARC15ARV0266115 1160.74 2720 4890 1.6  3520
7    33

ARC15ARV0266116 1171.42 7700 1990 0.8  10300
7    34

ARC15ARV0266117 1180.34 2760 1520 0.6  3470
7    35

ARC15ARV0266118 1190.64 323  4060 1.3  397
7    36

ARC15ARV0266119 1200.66 986  6100 2    1300
7    37

ARC15ARV0266122 1230.42 541  1670 0.6  690
7    40

ARC15ARV0266126 1271.12 632  1850 0.9  807
7    46

ARC15ARV0266127 1280.62 276  1130 0.25 334
7    47

ARC15ARV0266133 1342.76 3570 4180 1.3  4380
7    53

ARC15ARV0266134 1353.91 6160 6140 2    7800
7    54

ARC15ARV0266135 1360.97 1460 2140 0.7  1880
7    55

ARC15ARV0266136 1370.48 534  1270 0.6  695
7    56

ARC15ARV0266137 1380.59 695  1090 0.25 893
7    57

ARC15ARV0266139 1401.1  109  124004.2  75
7    59

ARC15ARV0266142 1431.22 1820 686  0.25 2310
7    64

ARC15ARV0266143 1440.57 167  3790 1.1  199
7    65

ARC15ARV0266147 1480.43 851  612  0.25 1085
7    69

ARC15ARV0266148 1490.27 610  503  0.25 818
7    70

ARC15ARV0266149 1500.64 2150 1120 0.6  2720
7    71

ARC15ARV0266151 1522.43 3250 3060 1.4  3980
7    73

ARC15ARV0266152 1531.24 984  1510 0.5  1230
7    74

ARC15ARV0266153 1541.5  1350 3610 1.3  1705
7    75

ARC15ARV0266154 1550.27 726  3950 1.4  940
7    76

ARC15ARV0266155 1560.15 195  5690 2    257
7    77

ARC15ARV0266156 1570.26 502  2940 1    659
7    78

ARC15ARV0266157 1580.74 931  2690 1.1  1190
7    79

ARC15ARV0266158 1592.48 469  7110 2.8  592
7    80

ARC15ARV026730  31 2.5  1795 5880 0.7  2170
8    46

ARC15ARV026744  45 0.13 109  5450 1.4  86
8    60

ARC15ARV026752  53 0.96 125  977  0.25 119
8    70

ARC15ARV0268101 1021    540  136003.8  648
8    25

ARC15ARV0268116 1172.32 313  3290 0.9  391
8    40

ARC15ARV0268117 1182.9  76   857  0.25 79
8    43

ARC15ARV0268129 1301.78 3940 3990 1    4860
8    55

ARC15ARV0268130 1310.35 621  1765 0.25 807
8    56

ARC15ARV0268131 1327.74 881  1930 0.25 1105
8    57

ARC15ARV0268133 1340.59 1310 1880 0.25 1605
8    59

ARC15ARV0268135 1362.86 1300 140003.6  1715
8    63

ARC15ARV0268136 1371.05 152  2440 0.6  213
8    64

ARC15ARV0268148 1497.02 1220 1065 0.8  1565
8    76

ARC15ARV0268149 1500.73 234  548  0.25 299
8    77

ARC15ARV0268157 1583.19 1880 134003.9  2380
8    87

ARC15ARV0268158 1590.92 591  2340 0.25 713
8    88

ARC15ARV0268161 1620.68 244  570  0.25 284
8    91

ARC15ARV0268162 1630.81 3040 488  0.25 3680
8    92

ARC15ARV0268164 1650.47 1055 536  0.25 1285
8    94

ARC15ARV0269175 1760.27 1060 1005 0.25 1285
8    07

ARC15ARV0269177 1780.23 433  7590 2.2  532
8    09

ARC15ARV0269179 1800.18 191  7380 2.2  195
8    11

ARC15ARV02693   4  0.07 178  5100 0.7  147
9    35

ARC15ARV026932  33 0.35 86   101002.1  79
9    68

ARC15ARV026933  34 1.65 221  191008.2  184
9    69

ARC15ARV026934  35 1.71 228  196007.8  115
9    70

ARC15ARV026935  36 0.33 107  7360 3.6  45
9    71

ARC15ARV026936  37 0.5  152  9880 3.4  74
9    72

ARC15ARV026959  60 0.69 304  116004.1  69
9    97

ARC15ARV027067  68 0.33 140  8950 3.3  112
9    07

ARC15ARV027068  69 0.79 1015 119003.7  1380
9    08

ARC15ARV027069  70 0.9  350  162005.5  360
9    09

ARC15ARV0270113 1140.09 620  1025 0.25 846
9    57

ARC15ARV0270114 1150.51 2960 5930 1.8  4140
9    58

ARC15ARV0270125 1260.44 1785 1675 0.6  2490
9    71

ARC15ARV0270141 1420.46 696  1790 0.7  892
9    89

ARC15ARV0270142 1430.5  115  5280 2.2  118
9    90

ARC16ARV027171  72 0.16 539  345  0.25 682
0    91

ARC16ARV027296  97 0.29 797  2110 0.6  1080
0    18

ARC16ARV027297  98 0.12 1530 877  0.25 2030
0    19

ARC16ARV0272130 1311.15 135  212005.7  68
0    56

ARC16ARV0272131 1320.88 227  122003.1  253
0    57

ARC16ARV0272133 1341.11 661  6720 2    871
0    59

ARC16ARV0272134 1352.74 686  2400 0.6  932
0    60

ARC16ARV0272138 1391.87 1290 8340 2.1  1720
0    66

ARC16ARV0272142 1430.93 2770 1885 0.9  3580
0    70

ARC16ARV0272155 1560.25 765  2960 0.8  1000
0    85

ARC16ARV0272163 1640.44 74   5390 1.8  36
0    93

ARC16ARV0274111 1120.2  816  1530 0.25 1080
1    35

ARC16ARV0274119 1201.52 756  2600 0.5  962
1    45

ARC16ARV0274122 1231.2  112  4730 1.2  97
1    48

ARC16ARV0274129 1305.01 606  8070 2.1  787
1    55

ARC16ARV0274130 1310.8  275  2150 0.5  351
1    56

ARC16ARV0274132 1332.66 601  3450 1.1  759
1    58

ARC16ARV0274133 1341.03 372  4850 1.2  467
1    59

ARC16ARV0274135 1360.62 158  1300 0.25 219
1    63

ARC16ARV0274136 1371.95 2150 5740 1.6  2800
1    64

ARC16ARV0274137 1381.6  1010 3340 0.8  1300
1    65

ARC16ARV02753   4  0.11 745  1610 0.25 255
2    16

ARC16ARV02754   5  0.4  1075 197002.5  174
2    17

ARC16ARV02755   6  0.61 438  102002.9  157
2    18

ARC16ARV02756   7  0.52 339  3410 1.2  183
2    19

ARC16ARV02758   9  1.09 803  159008.8  389
2    23

ARC16ARV02759   10 0.68 515  237005.9  402
2    24

ARC16ARV027510  11 0.94 938  271007.3  499
2    25

ARC16ARV027511  12 0.81 450  137003    329
2    26

ARC16ARV027512  13 1.3  166  185006    105
2    27

ARC16ARV027513  14 0.39 565  8550 1.6  373
2    28

ARC16ARV027514  15 0.35 375  9980 2.1  329
2    29

ARC16ARV027515  16 0.59 658  187003.8  619
2    30

ARC16ARV027516  17 0.53 231  103001.7  277
2    31

ARC16ARV027517  18 0.58 244  123002.7  244
2    32

ARC16ARV027518  19 0.85 518  206004.7  627
2    33

ARC16ARV027519  20 0.55 1355 170003.2  974
2    34

ARC16ARV027520  21 1.31 191  3650017.3 213
2    35

ARC16ARV027521  22 0.87 170  159004.4  259
2    36

ARC16ARV027522  23 0.46 163  9110 5.1  274
2    37

ARC16ARV027523  24 1.87 172  2310010.7 327
2    38

ARC16ARV027524  25 1.41 231  6170025.8 296
2    39

ARC16ARV027525  26 1.18 251  3380013.8 223
2    40

ARC16ARV027526  27 0.53 923  110004.6  1220
2    43

ARC16ARV027527  28 0.6  669  8940 2.3  797
2    44

ARC16ARV027619  20 0.99 585  2280 0.25 413
3    34

ARC16ARV027620  21 0.65 622  2660 0.6  566
3    35

ARC16ARV027624  25 4.1  1505 5130016.7 1230
3    39

ARC16ARV027625  26 1.41 785  2470010   484
3    40

ARC16ARV027626  27 0.57 249  9840 3.5  142
3    43

ARC16ARV027627  28 0.39 101  8310 1.3  86
3    44

ARC16ARV027629  30 3.73 86   4640 1.8  119
3    46

ARC16ARV027633  34 0.52 159  6400 1.2  211
3    50

ARC16ARV027635  36 0.19 176  5840 1.6  335
3    52

ARC16ARV027636  37 0.56 183  7730 3.2  138
3    53

ARC16ARV027638  39 0.28 204  6310 2.7  230
3    55

ARC16ARV027639  40 0.66 224  5890 2.4  193
3    56

ARC16ARV027640  41 0.4  174  7710 3.7  116
3    57

ARC16ARV027641  42 0.79 276  2490010.5 280
3    58

ARC16ARV027642  43 1.83 258  203009.3  99
3    59

ARC16ARV027643  44 2.11 180  110005.2  83
3    60

ARC16ARV027644  45 0.75 255  161006.7  204
3    63

ARC16ARV027645  46 0.8  210  135005.9  140
3    64

ARC16ARV027646  47 0.98 216  2620011.2 96
3    65

ARC16ARV027647  48 1.82 304  212009.5  191
3    66

ARC16ARV027648  49 0.73 156  195008.8  63
3    67

ARC16ARV027649  50 1.42 794  9800 4.5  929
3    68

ARC16ARV027650  51 0.5  129  6510 2.8  87
3    69

ARC16ARV027651  52 0.72 182  219009.1  123
3    70

ARC16ARV027652  53 0.78 171  140006.5  168
3    71

ARC16ARV027653  54 1.38 212  163007.4  171
3    72

ARC16ARV027654  55 0.86 689  8470 4.3  993
3    73

ARC16ARV027655  56 0.56 299  8320 3.3  498
3    74

ARC16ARV027656  57 0.2  378  5090 1.6  485
3    75

ARC16ARV027738  39 0.05 694  716  0.9  341
4    89

ARC16ARV027740  41 0.05 656  732  0.8  334
4    91

ARC16ARV027747  48 0.73 526  3670 1.4  742
4    98

ARC16ARV027748  49 7.36 3350 190006.4  4800
4    99

ARC16ARV027850  51 0.33 351  5240 1.4  75
4    03

ARC16ARV027852  53 0.7  1260 109004.4  1615
4    05

ARC16ARV027853  54 1.22 291  169006.3  252
4    06

ARC16ARV027854  55 0.28 174  5860 2.2  105
4    07

ARC16ARV027857  58 0.24 171  5530 1.6  126
4    10

ARC16ARV027858  59 0.94 1235 159005.5  1480
4    11

ARC16ARV027859  60 0.33 331  8500 2.8  343
4    12

ARC16ARV027860  61 0.37 207  7050 2.7  213
4    13

ARC16ARV027861  62 0.19 218  5780 2    281
4    14

ARC16ARV027862  63 0.76 2160 128004.7  2970
4    15

ARC16ARV027863  64 0.25 561  8220 3    729
4    16

ARC16ARV027864  65 0.23 436  5640 2.2  558
4    17

ARC16ARV027865  66 1.14 122  191007.5  91
4    18

ARC16ARV027867  68 0.22 329  150005.3  429
4    20

ARC16ARV027868  69 0.43 1040 2970010.8 1360
4    23

ARC16ARV027869  70 0.74 732  2560013.1 769
4    24

ARC16ARV027870  71 0.71 312  194008.2  229
4    25

ARC16ARV027871  72 6.78 492  3110014.2 196
4    26

ARC16ARV027872  73 0.19 134  210008.6  127
4    27

ARC16ARV027873  74 6.13 187  2530010.1 234
4    28

ARC16ARV027874  75 1.11 249  2930012.7 206
4    29

ARC16ARV027875  76 5.79 359  173007.4  192
4    30

ARC16ARV027876  77 0.83 346  213009.4  211
4    31

ARC16ARV027877  78 3.04 1270 226009.8  1380
4    32

ARC16ARV027878  79 0.77 159  115004.9  83
4    33

ARC16ARV027879  80 0.3  162  8730 3.9  98
4    34

ARC16ARV027880  81 0.3  556  7630 3.6  534
4    35

ARC16ARV027969  70 0.15 53   5780 1.6  63
5    84

ARC16ARV027970  71 0.2  62   6990 2    88
5    85

ARC16ARV028038  39 0.41 195  121005.2  273
6    49

ARC16ARV0281109 1100.47 77   7380 3.8  3590
6    28

ARC16ARV028110  11 1.26 109  5860 0.25 454
7    85

ARC16ARV028111  12 0.82 92   3110 0.25 392
7    86

ARC16ARV028112  13 0.18 122  109000.25 240
7    87

ARC16ARV028114  15 0.15 621  4970 2.5  660
7    89

ARC16ARV028115  16 0.08 625  3410 2.1  539
7    90

ARC16ARV028116  17 0.09 892  2540 1.1  629
7    91

ARC16ARV028118  19 0.04 794  1310 0.25 476
7    93

ARC16ARV028123  24 0.89 248  3790 0.6  299
7    98

ARC16ARV028226  27 0.24 1230 2010 0.9  744
7    03

ARC16ARV028238  39 0.35 531  763  0.25 451
7    15

ARC16ARV028239  40 2.92 906  5580 1.9  986
7    16

ARC16ARV028252  53 3.28 666  2520 0.7  221
7    31

ARC16ARV028267  68 0.78 69   976  0.25 67
7    48

ARC16ARV028291  92 0.26 112  9690 3.4  104
7    74

ARC16ARV028377  78 0.005585  198  0.25 263
8    72

ARC16ARV028388  89 1.15 8830 410  0.25 13300
8    85

ARC16ARV028389  90 9.71 32300378  1.3  44800
8    86

ARC16ARV028390  91 8.32 16100350  0.9  22400
8    87

ARC16ARV028391  92 1.76 3760 574  0.5  4780
8    88

ARC16ARV028392  93 0.16 553  385  0.25 743
8    89

ARC16ARV028395  96 0.98 3160 329  0.5  4140
8    92

ARC16ARV028396  97 5.75 241002080 1.3  36200
8    93

ARC16ARV028397  98 0.23 1600 157  0.25 2140
8    94

ARC16ARV028398  99 0.31 1970 181  0.25 2520
8    95

ARC16ARV028399  1000.18 953  368  0.25 1300
8    96

ARC16ARV0283101 1020.67 3090 390  0.25 3960
8    98

ARC16ARV0283102 1031.65 4920 836  0.6  6640
8    99

ARC16ARV0284103 1040.11 513  613  0.25 746
8    00

ARC16ARV0284104 1050.19 677  964  0.5  887
8    03

ARC16ARV0284109 1100.35 1555 178  0.25 1910
8    08

ARC16ARV028592  93 0.09 803  54   0.25 5930
9    15

ARC17ARV02852   3  0.04 531  1880 0.8  487
0    49

ARC17ARV02855   6  1.57 183  2940 0.25 217
0    52

ARC17ARV028535  36 0.01 59   5860 1.8  180
0    86

ARC17ARV028687  88 0.22 848  681  0.25 1190
0    44

ARC17ARV028692  93 9.79 2930 4250013.4 4360
0    49

ARC17ARV028693  94 2.03 830  155004.6  1340
0    50

ARC17ARV028694  95 0.77 509  7120 2.6  983
0    51

ARC17ARV028696  97 0.09 145  5920 2.1  223
0    53

ARC17ARV028698  99 0.17 208  124004.9  319
0    55

ARC17ARV028699  1000.12 350  5300 2    570
0    56

ARC17ARV0286101 1020.05 602  4390 1.7  907
0    58

ARC17ARV028745  46 0.64 92   1025 0.25 89
1    30

ARC17ARV028756  57 0.88 141  993  0.25 106
1    43

ARC17ARV028757  58 1.71 476  1500 0.25 524
1    44

ARC17ARV028797  98 0.34 1440 143  0.25 2030
1    88

ARC17ARV02874   5  0.06 687  2510 0.25 278
2    97

ARC17ARV02875   6  0.29 917  4690 0.25 331
2    98

ARC17ARV02876   7  0.27 617  6110 0.25 233
2    99

ARC17ARV02887   8  0.77 577  9110 0.25 772
2    00

ARC17ARV02888   9  0.37 762  4620 0.25 774
2    03

ARC17ARV028814  15 0.26 102  7080 0.8  164
2    09

ARC17ARV028823  24 0.22 327  8000 1.6  363
2    18

ARC17ARV028824  25 0.09 964  2910 1.3  519
2    19

ARC17ARV028834  35 0.28 170  5230 1    217
2    31

ARC17ARV028875  76 0.04 974  236  0.25 703
2    76

ARC17ARV028925  26 0.99 503  1120 0.25 827
3    14

ARC17ARV028926  27 0.44 562  6750 13.4 571
3    15

ARC17ARV028927  28 0.37 783  2840 0.25 1140
3    16

ARC17ARV028928  29 0.34 917  3650 0.25 1190
3    17

ARC17ARV028929  30 3.08 1370 225009.9  951
3    18

ARC17ARV028930  31 2.78 1530 4290019.7 891
3    19

ARC17ARV028931  32 6.24 604  151003.5  774
3    20

ARC17ARV028932  33 2.12 453  247006.8  494
3    23

ARC17ARV028933  34 11.9 404  304006.4  486
3    24

ARC17ARV028934  35 5.38 528  214008.1  353
3    25

ARC17ARV028935  36 10.4 650  277  11.4 1090
3    26

ARC17ARV028936  37 0.54 581  7450 3.4  1280
3    27

ARC17ARV028937  38 0.12 965  2930 0.8  1090
3    28

ARC17ARV028938  39 0.29 456  8290 4.4  476
3    29

ARC17ARV028946  47 0.55 92   5730 1.5  265
3    37

ARC17ARV029043  44 0.2  1100 4590 2    1050
4    60

ARC17ARV029045  46 1.02 1890 159007.1  2270
4    64

ARC17ARV029046  47 0.22 688  170007.1  259
4    65

ARC17ARV029047  48 0.54 1040 2320012.7 384
4    66

ARC17ARV029048  49 0.29 758  287007.5  840
4    67

ARC17ARV029049  50 1.29 1010 3730017.5 880
4    68

ARC17ARV029050  51 3.01 1300 7060023.1 1520
4    69

ARC17ARV029051  52 0.87 932  2890015   973
4    70

ARC17ARV029052  53 0.18 333  5340 2.5  349
4    71

ARC17ARV029189  90 0.94 193  465  0.25 967
4    12

ARC17ARV029190  91 1.74 148  338  0.25 782
4    13

ARC17ARV029266  67 0.57 2480 253006.6  2420
5    31

ARC17ARV029267  68 0.39 1710 4290 1.4  1995
5    32

ARC17ARV029268  69 1.1  2130 7350 3.4  2260
5    33

ARC17ARV029269  70 1.54 6880 9330 3.4  8040
5    34

ARC17ARV029270  71 5.27 12600128004    17500
5    35

ARC17ARV029271  72 4.14 8160 160005.5  11550
5    36

ARC17ARV029272  73 0.37 993  5500 2.5  740
5    37

ARC17ARV029273  74 0.42 1920 4760 1.8  1430
5    38

ARC17ARV029274  75 0.36 1190 7810 2.9  754
5    39

ARC17ARV029275  76 0.96 5970 6270 2.3  4970
5    40

ARC17ARV029276  77 0.39 2450 3380 1.4  1575
5    43

ARC17ARV029277  78 0.34 2220 4790 1.8  1070
5    44

ARC17ARV029278  79 0.72 1970 3370 1.3  951
5    45

ARC17ARV029279  80 0.36 1780 7270 2.7  1595
5    46

ARC17ARV029281  82 0.27 831  6450 2.5  1050
5    48

ARC17ARV029282  83 0.41 236  117003.9  290
5    49

ARC17ARV029283  84 0.73 412  225008.2  438
5    50

ARC17ARV029284  85 2.55 318  2730011.4 167
5    51

ARC17ARV029285  86 0.85 92   112004.1  53
5    52

ARC17ARV029288  89 1.56 1075 130006    1310
5    55

ARC17ARV029289  90 0.32 538  110003.7  587
5    56

ARC17ARV029290  91 0.54 2420 6330 2.4  3210
5    57

ARC17ARV029291  92 0.14 606  3850 1.5  789
5    58

ARC17ARV029292  93 0.13 486  6990 2.5  584
5    59

ARC17ARV029293  94 0.45 337  7410 4    124
5    60

ARC17ARV029294  95 0.58 368  210008    216
5    63

ARC17ARV029295  96 1.66 743  179007.5  628
5    64

ARC17ARV029296  97 1.44 713  137006.6  1360
5    65

ARC17ARV029297  98 1.29 559  121005.5  935
5    66

ARC17ARV029298  99 1.09 468  6710 3.9  1160
5    67

ARC17ARV029299  1001.24 579  9280 3.1  2090
5    68

ARC17ARV0292100 1010.42 687  5970 1.5  1735
5    69

ARC17ARV0292101 1020.21 554  3250 0.8  723
5    70

ARC17ARV0292102 1030.31 595  4420 1.2  1465
5    71

ARC17ARV0292103 1040.62 539  9380 2.9  1470
5    72

ARC17ARV0292104 1050.31 628  7590 4.7  2100
5    73

ARC17ARV0292105 1063.89 727  5030026.5 1905
5    74

ARC17ARV0292106 1070.76 944  178008.2  1120
5    75

ARC17ARV0292107 1083.35 1525 131006.2  1785
5    76

ARC17ARV0292108 1090.3  444  6130 1.6  1170
5    77

ARC17ARV0292112 1130.07 520  1965 0.5  311
5    83

ARC17ARV029311  12 0.52 123  3570 0.25 169
6    24

ARC17ARV029312  13 0.85 213  4860 0.25 122
6    25

ARC17ARV029314  15 0.59 380  2000 0.25 218
6    27

ARC17ARV029315  16 0.6  395  3840 0.25 195
6    28

ARC17ARV029489  90 0.44 93   2770010.3 48
6    10

ARC17ARV0294142 1430.03 56   113006.3  53
6    69

ARC17ARV029549  50 0.4  507  3760 1.4  611
7    32

ARC17ARV029550  51 0.5  738  5310 1.9  899
7    33

ARC17ARV029551  52 0.71 809  5500 2.2  983
7    34

ARC17ARV029552  53 0.56 664  5060 1.8  818
7    35

ARC17ARV029553  54 0.6  203  1360 0.7  293
7    36

ARC17ARV029554  55 0.88 610  5390 1.8  766
7    37

ARC17ARV029555  56 10.5 7620 144005.5  9940
7    38

ARC17ARV029556  57 3.18 1090 103003.7  1310
7    39

ARC17ARV029557  58 9.9  4900 179008.2  6490
7    40

ARC17ARV029558  59 4.22 1900 9600 3.9  2410
7    43

ARC17ARV0298174 1750.12 23   6890 4.1  2.5
8    31

ARC17ARV0298175 1760.12 41   7720 4.5  16
8    32

ARC17ARV0298176 1770.26 31   7280 4.2  2.5
8    33

ARC17ARV0298177 1780.09 37   6140 3.6  15
8    34

ARC17ARV0299111 1120.24 121  5650 1.4  12
9    68

ARC17ARV0300160 1610.85 165  4230 1.2  161
9    23

ARC17ARV0300161 1620.37 130  5950 1.8  40
9    24

ARC17ARV0300167 1680.17 48   6840 2    7
9    30

ARC18ARV0301100 1011.41 1040 112007.3  1470
0    95

ARC18ARV030351  52 0.46 126  8560 1.7  454
2    48

ARC18ARV030352  53 0.81 191  131004.2  404
2    49

ARC18ARV030353  54 0.12 114  8360 2.2  184
2    50

ARC18ARV030677  78 0.51 478  1300 1.6  869
4    04

ARC18ARV0307171 1720.18 51   6870 1.9  7
4    08

ARC18ARV0307172 1730.16 63   7560 2.2  12
4    09

ARC18ARV0307185 1862.58 113  3930 1.4  127
4    24

ARC18ARV0307226 2270.27 249  6660 1.6  308
4    69

ARC18ARV0307227 2280.28 235  7790 2.8  286
4    70

ARC18ARV0307228 2290.47 1560 121003.8  2050
4    71

ARC18ARV0307229 2301.33 3660 4230 0.9  4800
4    72

ARC18ARV0307230 23116.054000 218007.3  5360
4    73

ARC18ARV0307233 2340.39 430  9370 2.5  531
4    76

ARC18ARV0307234 2350.97 1130 133003.8  1485
4    77

ARC18ARV0307235 2360.37 110  9800 2.5  115
4    78

ARC18ARV0307236 2373.52 1340 156004    1690
4    79

ARC18ARV0307237 2382.03 1820 3590 0.7  2390
4    80

ARC18ARV0307238 2399.7  3600 9110 2.4  4740
4    83

ARC18ARV0307239 2402.29 926  4950 1.4  1195
4    84

ARC18ARV0307240 24115.55103507210 2.9  13800
4    85

ARC18ARV0307241 24214.6 12350136004.9  16550
4    86

ARC18ARV0307242 2435.95 5120 4790 1.5  6810
4    87

ARC18ARV0307243 2442.93 2540 123003.6  3280
4    88

ARC18ARV0307244 2452.38 2400 7080 2.1  3100
4    89

ARC18ARV0307245 2460.4  883  915  0.25 1170
4    90

ARC18ARV0307248 2491.82 5030 7790 2.5  6810
4    93

ARC18ARV0307249 2500.92 1220 9890 2.8  1580
4    94

ARC18ARV0307250 2510.31 246  7090 2.2  297
4    95

ARC18ARV0307251 2520.35 540  2250 0.5  686
4    96

ARC18ARV0307252 2530.78 506  5490 1.6  622
4    97

ARC18ARV0308256 2570.3  121  6680 1.6  84
4    03

ARC18ARV0308274 2750.15 109  6890 2.2  82
4    23

ARC18ARV0308292 2930.93 82   2820 0.8  72
4    43

ARC18ARV030942  43 0.21 185  5540 1.5  41
5    31

ARC18ARV030943  44 0.04 160  5400 1.2  42
5    32

ARC18ARV030982  83 0.31 845  652  0.25 1415
5    75

ARC18ARV030983  84 1.02 2400 121  0.25 3600
5    76

ARC18ARV031037  38 0.23 154  4990 0.8  175
6    38

ARC18ARV031156  57 0.63 59   432  0.25 93
7    87

ARC18ARV031159  60 0.93 58   1670 0.6  14
7    90

ORC Code, 2012 Edition - Table 1
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections.)
CriteriaJORC Code       Commentary
         explanation

Sampling· Nature and    · Reverse Circulation (RC) and
         quality of      diamond drilling were carried
         sampling        out on the Carlow Castle
techniqu (               Co-Cu-Au Project.
es      e.g. cut         
         channels,
         random chips,  · This RC component of the
         or specific     drilling was designed to obtain
         specialised     drill chip samples from one
         industry        metre intervals, from which a
         standard        2-4 kilogram sub-sample was
         measurement     collected for laboratory
         tools           multi-element analysis
         appropriate to  including:
         the minerals    
         under          Ag, Al, As, Ba, Be, Bi, Ca, Cd,
         investigation,  Co, Cr, Cu, Fe, Ga, K, La, Mg,
         such as down    Mn, Mo, Na, Ni, P, Pb, S, Sb,
                         Sc, Sr, Th, Ti, Tl, U, V, W,
        hole gamma       Zn
         sondes, or     .
         handheld XRF   · All samples were analysed using
         instruments,    a portable XRF instrument
         etc). These     (Innovex Delta). Initial
         examples        methodology
         should not be   
         taken as       trialling the units has been to
         limiting the    make a single randomly placed
         broad meaning   measurement on the drill sample
         of              bag. For more intensive
         sampling.       evaluation a minimum of 4
                         measurements at regular
        · Include        intervals around the sample bag
         reference to    will be required. Optimum
         measures taken  sampling time appears to be 90
         to ensure       seconds per
         sample          measurement.
         
        representivity  · Mineralised zones were
         and the         identified visually during
         appropriate     
         calibration of field logging, and sample
         any             intervals selected by the
         measurement     supervising
         tools or        geologist.
         systems
         used.          · Samples from each metre were
                         collected through a rig-mounted
        · Aspects of     cyclone and split using a
         the             rig-mounted static cone
         determination   splitter.
         of
         mineralisation · Field duplicates were taken
         that are        and submitted for
         Material to     analysis.
         the Public
         Report.        · Substantial historic drilling
                         has been completed in the
        · In cases       vicinity of the drilling
         where           completed by Artemis. The most
         industry       significant work was completed
         standard work  by Consolidated Gold Mining
         has been done   Areas (1969), Open Pit Mining
         this would be   Limited (Open Pit) between 1985
         relatively      and 1987, and Legend Mining NL
         simple          (Legend) between 1995 and 2008.
         (               Compilation of this data has
        e.g. reverse    been completed based on Annual
         circulation     Exploration Reports available
         drilling was    through WAMEX. Although limited
         used to obtain  information is available
         1 m samples     regarding procedures
         from which 3    implemented during this period,
         kg was          work completed by Artemis to
         pulverised to   date has validated much of this
         produce a 30 g  historic data. It is considered
         charge for      that the historic work was
         fire assay).   completed professionally, and
         In other        that certain assumptions can
                         reasonably be based on results
        cases, more      reported throughout this
         explanation     period.
         may be
         required, such
         as where there  
         is coarse gold
         that has
         inherent
         sampling
         problems.
         Unusual
         commodities or
         mineralisation
         types
         (
        e.g. submarine
         nodules) may
         warrant
         disclosure of
         detailed
         information.

Drilling· Drill type (e.· Reverse Circulation drilling
        g.               at Carlow Castle was completed
         core, reverse   by a truck-mounted Schramm T685
techniqu circulation,    RC drilling rig using a 5Πinch
es       open-hole       diameter face sampling hammer.
         hammer, rotary  
         air blast,
         auger, Bangka,
         sonic, etc)
         and details
         (
        e.g. core
         diameter,
         triple or
         standard tube,
         depth of
         diamond tails,
         face-sampling
         bit or other
         type, whether
         core is
         oriented and
         if so, by what
         method,
         etc).

Drill   · Method of     · Sample recoveries are recorded
 sample  recording and   by the geologist in the field
         assessing core  during logging and
         and chip        sampling.
recovery sample
         recoveries and · If poor sample recovery is
         results         encountered during drilling,
         assessed.       the supervising geologist and
                         driller
        · Measures       
         taken to       endeavour to rectify the problem
         maximise        to ensure maximum sample
         sample          recovery.
         recovery and
         ensure         · Visual assessments are made
         representative  for recovery, moisture, and
         nature of the   possible
         samples.        contamination.

        · Whether a     · A cyclone and static cone
         relationship    splitter were used to ensure
         exists between  representative
         sample          
         recovery and   sampling and were routinely
         grade and       inspected and
         whether sample  cleaned.
         bias may have
         occurred due   · Sample recoveries during
         to              drilling completed by Artemis
                         were high, and all samples were
        preferential     dry.
         loss/gain of    
         fine/coarse
         material.      · Insufficient data exists at
                         present to determine whether a
                         relationship exists between
                         grade and
                         
                        recovery. This will be assessed
                         once a statistically
                         representative amount of data
                         is
                         available.


Logging · Whether core  · All drill chip samples are
         and chip        geologically logged at 1m
         samples have    intervals from surface to the
         been            bottom of each
         geologically    
         and            drill hole. It is considered
         geotechnically  that geological logging is
         logged to a     completed at an adequate level
         level of        to allow appropriate future
         detail to       Mineral Resource
         support         estimation.
         appropriate
         Mineral        · Geological logging is
         Resource        considered semi-quantitative
         estimation,     due to the limited geological
         mining studies  information available from the
         and             Reverse Circulation method of
         metallurgical   drilling.
         studies.        

        · Whether       · All RC drill holes completed
         logging is      by Artemis during the current
         qualitative or  program have been logged in
         quantitative    full.
         in nature.
         Core (or       · All diamond core is
         costean,        lithologically logged and
         channel, etc)   sample intervals defined by
         photography.    mineralisation.

        · The total
         length and
         percentage of
         the relevant
         intersections
         logged.

Sub-samp· If core,      · The RC drilling rig was
ling     whether cut or  equipped with a rig-mounted
 techniq sawn and        cyclone and static cone
ues and  whether         splitter, which provided one
 sample  quarter, half   bulk sample of approximately
         or all core     20-30 kilograms, and a
         taken.          representative sub-sample of
preparat                 approximately 2-4 kilograms for
ion     · If non-core,   every metre
         whether         drilled.
         riffled, tube
         sampled,       · The sample size of 2-4
         rotary split,   kilograms
         etc and         
         whether        is appropriate and
         sampled wet or  representative of the grain
         dry.            size and mineralisation style
                         of the
        · For all        deposit.
         sample types,
         the nature,    · The majority of samples were
         quality and     dry. Where wet sample was
         appropriateness encountered, the cleanliness of
         of the sample   the cyclone and splitter were
         preparation     closely monitored by the
         technique.      supervising
                         
        · Quality       geologist and maintained to a
         control         satisfactory level to avoid
         procedures      contamination and ensure
         adopted for     representative samples were
         all             being
         sub-sampling    collected.
         stages to
         maximise       · Diamond core is cut in half
         representivity  with an Almondite automated
         of              core cutting machine using
         samples.        cradles.

        · Measures      · Duplicate samples were
         taken to        collected and submitted for
         ensure that     analysis. Reference standards
         the sampling    inserted during drilling.
         is              
         representative
         of the
         
        in-situ material
         collected,
         including for
         instance
         results for
         field
         duplicate/secon
        d-half
         sampling.

        · Whether
         sample sizes
         are
         appropriate to
         the grain size
         of the
         material being
         sampled.

Quality · The nature,   · ALS (Perth) were used for all
 of      quality and     analysis of drill samples
 assay   appropriateness submitted by Artemis. The
         of the          laboratory techniques
 data                    
 and    assaying and    below are for all samples
         laboratory      submitted to ALS and are
         procedures      considered appropriate for the
laborato used and        style of mineralisation defined
ry       whether the     within the Carlow Castle
 tests   technique is    Project
         considered      area:
         partial or
         total.         · Samples above 3Kg riffle split.
                        · Pulverise to 95% passing 75
        · For            microns
         geophysical
         tools,         · 50-gram Fire Assay (Au-AA26)
         spectrometers,  with ICP finish
         handheld XRF    
         instruments,   - Au.
         etc, the       · 4 Acid Digest ICP-AES Finish
         parameters      (ME-ICP61) -
         used in         
         determining    Ag, Al, As, Ba, Be, Bi, Ca, Cd,
         the analysis    Co, Cr, Cu, Fe, Ga, K, La, Mg,
         including       Mn, Mo, Na, Ni, P, Pb, S, Sb,
         instrument      Sc, Sr, Th, Ti, Tl, U, V, W,
         make and        Zn
         model, reading .
         times,         · Ore Grade 4 Acid Digest
         calibrations    ICP-AES Finish (ME-OG62)
         factors         
         applied and
         their          · Standards were used for
         derivation,     external laboratory checks by
         etc.            Artemis.

        · Nature of     · Duplicates were used for
         quality         external laboratory checks by
         control         Artemis.
         procedures
         adopted        · Portable XRF (pXRF) analysis
         (               was completed
        e.g. standards,  
         blanks,        using Innovex Delta unit. XRF
         duplicates,     analysis was completed on the
         external        single metre sample bulk drill
         laboratory      ample retained on site. Further
         checks) and     statistical analysis will be
         whether         completed to better determine
         acceptable      the accuracy and precision of
         levels of       the pXRF unit based on
         accuracy        laboratory assay
         (               results.
        i.e. lack of
         bias) and      · Portable XRF results are
         precision have  considered semi-quantitative
         been            and act as a guide to
         established.    mineralised zones and
                         sampling.

Verifica· The           · At least two company personnel
tion of  verification    verify all significant
 samplin of significant  results.
g and    intersections
 assayin by either      · All geological logging and
g        independent or  sampling information is
         alternative     completed firstly on to paper
         company         logs before being transferred
         personnel.      to Microsoft Excel
                         spreadsheets. Physical logs and
        · The use of     sampling data are returned to
         twinned         the Hastings head office for
         holes.          scanning and storage.
                         
        · Documentation
         of primary     · No adjustments of assay data
         data, data      are considered
         entry           necessary.
         procedures,
         data
         verification,
         data storage
         (physical and
         electronic)
         protocols.

        · Discuss any
         adjustment to
         assay
         data.

Location· Accuracy and  · A Garmin GPSMap62 hand-held
 of      quality of      GPS was used to define the
 data    surveys used    location of the
 points  to locate       
         drill holes    drill hole collars. Standard
         (collar and     practice is for the GPS to be
         down-hole       left at the site of the collar
         surveys),       for a period of 5 minutes to
         trenches, mine  obtain a steady reading. Collar
         workings and    locations are considered to be
         other           accurate to within 5m. Collars
         locations used  will be picked up by DGPS in
         in Mineral      the future.
         Resource        
         estimation.
                        · Downhole surveys were captured
        · Specification  at 30 metre intervals for the
         of the grid     
         system         drill holes completed by Artemis.
         used.          · The grid system used for all
                         Artemis drilling is GDA94 (MGA
        · Quality and    94 Zone
         adequacy of     50)
         topographic
         control.       · Topographic control is
                         obtained from surface profiles
                         created by
                         
                        drill hole collar data. 
Data    · Data spacing  · Current drill hole spacing is
 spacing for             variable and
                         
        reporting of    dependent on specific
and      Exploration     geological, and geophysical
 distrib Results.        targets, and access
ution                    requirements for each
        · Whether the    
         data spacing   drill hole. 
         and            · No sample compositing has been
         distribution    used for drilling completed by
         is sufficient   Artemis. All results reported
         to establish    are the result of 1 metre
         the degree of   downhole sample
         geological and  intervals.
         grade
         continuity
         appropriate
         for the
         Mineral
         Resource and
         Ore Reserve
         estimation
         procedure(s)
         and
         classifications
         applied.

        · Whether
         sample
         compositing
         has been
         applied.

Orientat· Whether the   · Drill holes were located in
ion of   orientation of  order to intersect the target
         sampling        at an angle perpendicular to
         achieves        strike direction. As the target
data in  unbiased        structures were considered to
 relatio sampling of     be steep to moderately dipping,
n        possible        all Artemis
         structures and  
         the extent to  drill holes were angled at -55
to       which this is   or -60 degrees.
 geologi known,           
cal      considering
 structu the deposit
re       type.

        · If the
         relationship
         between the
         drilling
         orientation
         and the
         orientation of
         key
         mineralised
         structures is
         considered to
         have
         introduced a
         sampling bias,
         this should be
         assessed and
         reported if
         material.

Sample  · The measures  · The chain of custody is
 securit taken to        managed by the supervising
y        ensure sample   geologist who places calico
         security.       sample bags in polyweave sacks.
                         Up to 10 calico sample bags are
                         placed in each sack. Each sack
                         is clearly labelled
                         with:

                        o Artemis Resources Ltd
                        o Address of laboratory
                        o Sample range
                        · Samples were delivered by
                         Artemis personnel to the
                         transport company in Karratha
                         and shrink wrapped onto
                         pallets.

                        · The transport company then
                         delivers the samples directly
                         to the
                         laboratory.


Audits  · The results   · Data is validated upon
 or      of any audits   up-loading into the master
 reviews or reviews of   database. Any validation issues
         sampling        identified are investigated
         techniques and  prior to reporting of
         data.           results.

Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)
Criteria  JORC Code       Commentary
           explanation

Mineral te· Type,         · RC drilling by Artemis was
nement     reference       carried out on
 and land                  
 tenure   name/number,    E47/1797 - 100% owned by
 status    location and    Artemis Resources Ltd. This
           ownership       tenement forms a part of a
           including       broader tenement package that
           agreements or   comprises the West Pilbara
           material        Project.
           issues with
           third parties  · This tenement is in good
           such as joint   standing and no known
           ventures,       impediments exist (see map
           partnerships,   provided in this report for
           overriding      location).
           royalties,
           native title
           interests,
           historical
           sites,
           wilderness or
           national park
           and
           environmental
           settings.

          · The security
           of the tenure
           held at the
           time of
           reporting
           along with any
           known
           impediments to
           obtaining a
           licence to
           operate in the
           area.

Exploratio· Acknowledgment· The most significant work to
n done by  and appraisal   have been completed
 other     of exploration  historically in the Carlow
 parties   by other        Castle area, including the
           parties.        Little Fortune and Good Luck
                           prospects, was completed by
                           Open Pit Mining Limited
                           between 1985 and 1987, and
                           subsequently Legend Mining NL
                           between 1995 and
                           2008.

                          · Work completed by Open Pit
                           consisted of geological
                           mapping, geophysical
                           surveying (IP), and RC
                           drilling and
                           sampling.

                          · Work completed by Legend
                           Mining Ltd consisted of
                           geological mapping and
                           further RC
                           drilling.

                          · Legend also completed an
                           airborne ATEM survey over the
                           project area, with follow up
                           ground-based FLTEM surveying.
                           Re-processing of this data
                           was completed by
                           
                          Artemis and was critical in
                           developing drill targets for
                           the completed RC
                           drilling.

                          · Compilation and assessment
                           of historic drilling and
                           mapping data completed by
                           both Open Pit and Legend has
                           indicated that this data is
                           compares well with data
                           collected to date by Artemis.
                           Validation and compilation of
                           historic data is
                           ongoing.

                          · All exploration and analysis
                           techniques conducted by both
                           Open Pit and Legend are
                           considered to have been
                           appropriate for the style of
                           deposit.

Geology   · Deposit type, · The Carlow Castle Co-Cu-Au
           geological      prospect includes a number of
           setting and     mineralised shear zones,
           style of        located on the northern
           mineralisation. margin of the Andover
                           Intrusive Complex.
                           Mineralisation is exposed in
                           numerous workings at surface
                           along numerous quartz rich
                           shear zones. Both oxide and
                           sulphide mineralisation
                           
                          are evident at surface
                           associated with these shear
                           zones.

                          · Sulphide mineralisation
                           appears to consist of
                           Chalcopyrite, chalcocite,
                           cobaltite and
                           pyrite

Drill     · A summary of  · Collar information for all dr
 hole      all            ill
 Informati                 holes
on        information      reported is provided in the
           material to     body of this report.
           the             
           understanding
           of the
           exploration
           results
           including a
           tabulation of
           the following
           information
           for all
           Material drill
           holes:

          o easting and
           northing of
           the drill hole
           collar

          o elevation or
           RL (Reduced
           Level -
           elevation
           above sea
           level in
           metres) of the
           drill hole
           collar

          o dip and
           azimuth of the
           hole

          o down hole
           length and
           interception
           depth

          o hole length.
          · If the
           exclusion of
           this
           information is
           justified on
           the basis that
           the
           information is
           not Material
           and this
           exclusion does
           not detract
           from the
           understanding
           of the report,
           the Competent
           Person should
           clearly
           explain why
           this is the
           case.

Data      · In reporting  · All intervals reported are
 aggregati Exploration     composed of 1 metre down
on         Results,        
 methods   weighting      hole intervals for Reverse
           averaging       Circulation
           techniques,     drilling
           maximum and/or , and lithologically intervals
           minimum grade   are used for Diamond
           truncations     core
           (               and are therefore length
          e.g. cutting of  weighted.
           high grades)    
           and cut-off
           grades are     · No upper or lower cut-off gra
           usually        des have been used in
           Material and    reporting
           should be       results.
           stated.
                          · No metal equivalent
          · Where          calculations are used in this
           aggregate       report.
           intercepts
           incorporate
           short lengths
           of high grade
           results and
           longer lengths
           of low grade
           results, the
           procedure used
           for such
           aggregation
           should be
           stated and
           some typical
           examples of
           such
           aggregations
           should be
           shown in
           detail.

          · The
           assumptions
           used for any
           reporting of
           metal
           equivalent
           values should
           be clearly
           stated.

Relationsh· These         · True widths of
ip         relationships   mineralisation have not been
 between   are             calculated for this report,
 mineralis particularly    and as such all intersections
ation      important in    reported are down-hole
 widths    the reporting   thicknesses.
 and       of Exploration
 intercept Results.       · A better understanding of
 lengths                   the deposit geometry will be
          · If the         achieved on thorough
           geometry of     interpretation of the data.
           the             True thicknesses may be
           mineralisation  reported at a later date if
           with respect    warranted. Due to the
           to the drill    moderately to steeply dipping
                           nature of the mineralised
          hole angle is    zones, it is expected that
           known, its      true thicknesses will be less
           nature should   than the reported down-hole
           be              thicknesses.
           reported.

          · If it is not
           known and only
           the down hole
           lengths are
           reported,
           there should
           be a clear
           statement to
           this effect
           (
          e.g. down hole
           length, true
           width not
           known).

Diagrams  · Appropriate   · Appropriate maps and
           maps and        sections are available in the
           sections (with  body of this
           scales) and     announcement.
           tabulations of
           intercepts
           should be
           included for
           any
           significant
           discovery
           being reported
           These should
           include, but
           not be limited
           to a plan view
           of drill hole
           collar
           locations and
           appropriate
           sectional
           views.

Balanced  · Where         · Reporting of results in this
 reporting comprehensive   report is considered
           reporting of    balanced.
           all
           Exploration
           Results is not
           practicable,
           representative
           reporting of
           both low and
           high grades
           and/or widths
           should be
           practiced to
           avoid
           misleading
           reporting of
           Exploration
           Results.

Other     · Other         · Targeting for the RC
 substanti exploration     drilling completed by Artemis
ve         data, if        was based on compilation of
 explorati meaningful and  historic exploration
on         material,       
 data      should be      data, and the surface expressio
           reported       n of the targeted
           including (but  mineralis
           not limited    ed shear zones and associated
           to):            historic workings.
           geological      
           observations;
           geophysical
           survey
           results;
           geochemical
           survey
           results; bulk
           samples - size
           and method of
           treatment;
           metallurgical
           test results;
           bulk density,
           groundwater,
           geotechnical
           and rock
           
          characteristics;
           potential
           deleterious or
           contaminating
           substances.

Further   · The nature    · The results at the Carlow
 work      and scale of    Castle Co-Cu-Au project
           planned         warrant further drilling.
           further work    
           (              The drill program results to
          e.g. tests for   date are considered
           lateral         excellent.
           extensions,
           depth
           extensions or
           large-scale
           step-out
           drilling).

          · Diagrams
           clearly
           highlighting
           the areas of
           possible
           extensions,
           including the
           main
           geological
           interpretations
           and future
           drilling
           areas,
           provided this
           information is
           not
           commercially
           sensitive.








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