Artemis Resources Limited · ASX:ARV
Artemis Resources — Investor Presentation (March 2012)
32 slides from Artemis Resources's investor presentation, March 2012
Slide 1: Artemis Resources Ltd - Gold Explorer
Artemis Resources Ltd GOLD EXPLORER March 2012
Slide 2: Disclaimer
Artemis Resources Ltd Disclaimer This presentation has been prepared by Artemis Resources Limited (“ARV” or the “Company”). It should not be considered as an offer or invitation to subscribe for, or purchase any, securities in the Company or as an inducement to make an offer or invitation with respe
Slide 3: Presentation Focus
ARTEMIS (ASX CODE:ARV) - Presentation Focus Company Snapshot Corporate Information Current Projects/Status Artemis – Gold Projects Yandal Mt Clement Project - Technical Plans Artemis – Growth Growth - Acquisition Strategy Paulsens Gold Mine Carbon-in-leach gold processing plant owned by
Slide 4: ARV Corporate Snapshot - Experienced Board and Management Team
ARV Corporate Snapshot ASX: ARV Experienced Board and Management Team Market Capitalisation Guy Robertson Executive Director $9 million (B Com Hons. CA) Shares on Issue Frans Voermans Technical Director 325 million (Geologist) Shannon Coates Non-executive Director Cash, receivables and (Mining Corpo
Slide 5: Gold Prices
$US $0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 $1,800 $2,000 Oct-01 Jan-02 Apr-02 Jul-02 Oct-02 Jan-03 Apr-03 Jul-03 Oct-03 Jan-04 Apr-04 Jul-04 Oct-04 Gold Prices – 2010 to 2011 Jan-05 Apr-05 Jul-05 Oct-05 Jan-06 Apr-06 Jul-06 Oct-06 Jan-07 Apr-07 Jul-07 Oct-07 Jan-08 Apr-08 Jul-08 Oct-08 J
Slide 6: Strong Outlook for Gold
Strong Outlook for Gold EU economic and regional geopolitical concerns ↙ EU sovereign debt concerns (Greece, Italy, Spain, Ireland) ↙ North African and Middle Eastern political turmoil ↙ Driving safe haven investment US economic and inflationary concerns ↙ Federal Reserve quantitative easing (printi
Slide 7: ARV Gold Strategy
ARV Gold Strategy Artemis aims to build a large gold resource inventory through exploration and acquisition Increase value of Gold Assets Increase gold Production via Exploration resources through nearby mines exploration Development & Production Acquisitions Mount Increase company cash positi
Slide 8: ARV Projects capable of delivering large high grade gold deposits
ARV Projects capable of delivering large high grade gold deposits Two advanced gold deposits in WA with substantial potential for growth, Artemis Projects are capable of delivering large high grade gold deposits Mt Clement and Yandal gold projects both lie within multi-million ounce gold belts
Slide 9: Gold: Yandal Project
Gold: Yandal Project Located in Yandal Gold Belt (12 million oz gold produced) Yandal Gold Belt hosts operating gold mines at Jundee (7 million oz) and Bronzewing (4 million) Artemis tenements cover multiple drilled gold deposits, yet belt is relatively underexplored Yandal project sited on
Slide 10: Western Australia's Eastern Goldfields: 126 M ounces gold to date
Western Australia’s Eastern Goldfields: 126 M ounces gold to date Western Australia’s Eastern Goldfields +126M ounces gold mined to date Yandal Greenstone Belt “...a world class gold province...”
Slide 11: Gold: Yandal Greenstone Belt
Gold: Yandal Greenstone Belt A Premier Gold Producing Province Jundee +13 Moz of gold discovered 5.4Moz since 1987 Artemis Lowlands • Extensive transported cover • Under-explored for Au deposits Bronzewing • Potential for +Moz Mt McClure Au discoveries 2.3Moz • Existing infrastructure • Multiple Au
Slide 12: Gold: Yandal Project - Drilling Results
Gold: Yandal Project Historical drilling results SNC05 returned 4m @ 3.90g/t Au from 20 – 24m inclined depth at Slav Well BRC029 returned 7m @ 11.44g/t Au from 17 – 24m inclined depth at Forked Stick BRC043 returned 2m @ 4.15g/t Au from 51 – 53m depth at International BRC037 returned 2m @ 3.75g/t Au
Slide 13: Yandal Project - Mafic & Ultramafic Intrusives
Gold: Yandal Project – Mafic & Ultramafic Intrusives Multiple targets identified following comprehensive review of geological setting, geophysics and drilling data Geological setting similar to Bronzewing and Jundee gold deposits Targets include: • a north south dolerite feature east of Lowlan
Slide 14: Yandal Project - Exploration Plan
Gold: Yandal Project – Exploration Plan 2011 Build and review complete database of geological setting, geophysics and drill data Understand surface geology, regolith, structure, and undertake comprehensive mapping Identify the target areas Use geophysics to narrow the search zone, magnetics/
Slide 15: Yandal Project - Palaeochannel Areas
Gold: Yandal Project – Palaeochannel Areas The aeromagnetic data shows the In many cases in the Eastern Goldfields, the existence of two large palaeochannels primary gold deposits are hidden below (Lowlands image) depressions containing transported These favourable structural settings overburd
Slide 16: Yandal Project - Yandal v Bronzewing Example
Gold: Yandal Project – Yandal v Bronzewing Example BRONZEWING Success under 70m barren transported cover Gold Load YANDAL Lowlands Deposit Cross Section All drilling between 50m and 70m Prospect contains the highest drill grades of gold mineralisation in the Yandal project. High Grade Zone Lowland
Slide 17: Discovery of major WA gold mines using IP
Gold: Yandal Project – Discovery of major WA gold mines using “IP” Induced Polarisation “IP” detects • Pyrite/Sulphide Bodies • Bedrock Sources eg: Centenary deposit discovered at dept of 320m eg: Darlot discovered at 75m
Slide 18: Lowlands 2011 IP Survey - One Target
Gold: Yandal – Lowlands 2011 IP Survey – One Target Chargeability – Line 7007650mN Au associated with pyrite Bedrock Source Basement Conductive Pyrite/sulphide Cover Complex multiple sources Sources +200m width Minimal Drilling Anomaly A to be drilled In Q2 2012 2m @3.64g/t from 225m (10%
Slide 19: Lowlands 2011 IP Survey - IP Lines on Magnetic Image
Gold: Yandal – Lowlands 2011 IP Survey IP Lines on Magnetic VD1 Image Lowlands Oxide Au IP Chargeability Pyrite/sulphide bodies
Slide 20: Yandal Project - Lowlands 2011 IP Survey
Gold: Yandal Project – Lowlands 2011 IP Survey Dolerite Corridor – Target B Slav Well Lowlands Corridor Target A Lowlands Paleo-channel areas, stacked resistivity sections Nine lines over 33 km with 47 target holes
Slide 21: Yandal Project - Lowlands 2012 Drill Targets
Gold: Yandal Project – Lowlands 2012 Drill Targets Lowlands Pronounced chargeability anomaly along all 4 IP traverses 17 RC holes planned Paleochannel Areas Eight IP anomalies detected below paleochannels at 3 locations between Forked Stick and Sandalwood. 4 RC holes planned, area not previous
Slide 22: Nickel: Yandal Project - Sandlewood Nickel Gossans
Nickel: Yandal Project – Sandlewood Nickel Gossans The occurrence of potentially nickeliferous A TEM survey conducted earlier gossans outcropping some 500 metres in the year found four conductive bodies north of the Sandalwood prospect has Recent detailed geological mapping been known since 20
Slide 23: Sandlewood Nickel Gossan Target
Nickel: Yandal Project – Sandlewood Nickel Gossan Target EM and Magnetic Targets EM Lines EM Models Magnetic Targets
Slide 24: Mount Clement Project Summary
Mount Clement Project Summary ARV holds 80% interest in three Mining Leases (20% Northern Star Resources Limited) ARV holds 100% interest in two Exploration Licences Total area of 14.55 square kilometres Located in prospective Ashburton Basin with area achieving increased exploration success
Slide 25: Regional Geology & Gold Projects - Ashburton Gold Basin
Regional Geology & Gold Projects Ashburton Gold Basin, WA
Slide 26: Mt Clement Project - Development Vision
Gold: Mt Clement Project - Development Vision Mt Clement Mt Clement Paulsens CIP Plant ~30km from Mt Clement Mt Clement Gold Project, 4,114m drilled by Artemis 2010 (Owned by 20% JV partner Northern Star Resources Ltd) ASX: 16 March 2011 Intersection Metres g/t Gold g/t Silver % Copper Paulsens – In
Slide 27: Mount Clement Project
Mount Clement Project |ARMCRCD009} o ARMCRCOO7 20m @ 7.32g/t gold) ARMCRC008 era 24m @ 3.40g/t gold} ARMCRCO01 Oy he 6m @ 8.81g/t gold je ea ARMCRC002 vo 9 2m @ 3.22g/t gold ‘ \ ARMCRCO06 J ARMCRC003 ARMCRCO04/5 _Yyl2m @ 3.48q/t gold 13m @ 1.46g/t gold jal 8m @ 1.53g/t gold (Hoe ID) ———= ARTEMIS RES
Slide 28: Mount Clement Project - Resource Lenses
Mount Clement Project 1 Plan showing the resource lenses as interpreted for the 2011 resource estimation Isometric diagram viewing towards the north showing topography and the resource lenses as interpreted for the 2011 resource estimation
Slide 29: Mount Clement Project Resources
Mount Clement Project Resources Approximately 1,006,000 tonnes at 1.65g/tAu (53,500 oz Au) and 9.7g/tAg (314,500 oz Ag) in near surface oxidised material Approximately 125,000 tonnes at 2.71g/tAu (10,900 oz Au) and 75.6g/tAg (304,000 oz Ag) in deeper, sulphide lenses Targets to expand resource
Slide 30: Mt Clement Targets - Large Silver Gold Systems
Gold: Mt Clement Targets – Large Silver Gold Systems Exploration Model Mt Clement The preferred gold exploration model for the Ashburton Gold Project is sediment hosted Carlin-style. The Ashburton shares a number of similarities with the Carlin trend (> 110 million ounces of past Proposed VTEM Surve
Slide 31: Artemis Resources 2012 Project Plan
ARTEMIS RESOURCES 2012 Project Plan GOLD - Yandal GOLD - Mt Clement Finalise IP Survey over Palaeochannels and Define extensions of high grade zone for Phase 3 drilling; Lowlands extensions (February) Electro-magnetics (VTEM, Smartem) Processing & Modelling IP anomalies and define Field mappin
Slide 32: Artemis Resources Limited ASX Code: ARV
Artemis Resources Limited ASX Code: ARV Level 9, 50 Margaret Street Sydney NSW 2000 Investor Contact: Guy Robertson – Executive Director [email protected] T + 612 9078 7671
Artemis Resources — Investor Presentation (March 2012) on 6ix