Artemis Resources Limited provide this update to shareholders on recent drill core and rock chip sample results. Stratigraphic holes are designed to test the geology of the subterranean structure and to assist with the determination of follow up exploration. What has been learnt from the initial diamond drill holes on the joint venture tenement is that the pegmatite trends appear to be sub vertical and the initial drill hole (23GTDD001) may have stopped short of the Osborne target.

These holes were drilled from sub-optimal locations due to having previously approved heritage clearances. However, all relevant clearances for optimal drilling locations have now been received and will be used for future drilling programs. The initial holes were planned and programmed to achieve best geological understanding and importantly, geometry of the structures that lay beneath the surface. Once the geometrical orientation has been better identified, follow up exploration and drilling can be better planned and be more relevant.

In the context of further exploration efforts, this new information is vital and allows the technical team to design follow up drill holes with new heritage clearances to better intersect this key area. Infill rock chip sampling along the western portion of the Osborne trend provides further confirmation of the persistence of high grade Li2Owith highlight results as follows; 2.36% Li2O, 32ppm Ta2O5 and 92 ppm Nb2O5 (sample 23GT24-021); 1.64% Li2O, 3ppm Ta2O5 and 14 ppm Nb2O5 (sample 23GT24-033); 1.22% Li2O, 45ppm Ta2O5 and 76 ppm Nb2O5 (sample 23GT20-693); 1.15% Li2O, 38ppm Ta2O5 and 102 ppm Nb2O5 (sample 23GT24-026). These results extend the Osborne mineralisation 600 metres further west for a total strike length of 700 metres and remains open.

The JV has approved programs of work (PoW's) and heritage clearances which facilitate current and future drill programs on the project tenements. The JV also aims to complete RC "scissor" drill holes at the Osborne trend as part of the maiden RC drilling program. Ground work will also continue at the Mt Marie prospect which is situated to the north east of the Osborne JV.

The initial rock chip sampling program delivered encouraging results including rock chip assays of 1.82% Li2O and 1.62% Li2O1. Further drone surveying and rock chip sampling is currently underway and results will be reported in due course.