Artemis Resources Limited provided update on Lithium Exploration. Karratha Lithium Project (ARV 100%) Various programs of ground reconnaissance were completed during the half year. Numerous swarms of pegmatites were identified within and along the margins of the Andover mafic intrusive complex within 100% Artemis tenement E47/1746.

Six sets of pegmatites were identified which featured elevated levels of lithium-caesium-tantalum (LCT) and rubidium mineralisation, including four pegmatite clusters considered highly prospective for economic mineralisation. Over 90 outcrops of pegmatites have been identified to date with the largest outcropping pegmatite having a strike of 200m and average width more than 45m. Mt Marie Lithium Prospect: Drone surveys were undertaken in the northern sector of tenement E47/1746 late in 2023 and subsequently a ground reconnaissance program was designed and conducted.

21 rock chip samples were submitted to the laboratory for assays with results peaking at 1.82% and 1.62% Li2O. Further ground work is planned for Current year 2024. Ground work continued on the Osborne JV tenement (ARV:49%, GRE:51%) with various soil and rock chip sampling programs having been completed.

Two new pegmatite zones were identified within the Osborne JV next to the Osborne trend, 5km south-east of the Kobe lithium pegmatite discovery. Newly discovered trends, Wally and Maddox both extend over 1km with outcrops up to 100m Wide. Significant mineralised lithium samples from the Osborne trend included:2.4% Li2Ofrom sample 23GT20-155; 2.4% Li2Ofrom sample 23GT30-232; 2.36% Li2O, from sample 23GT24-021;1.64% Li2O, from sample 23GT20-693; 1.5% Li2Ofrom sample 23GT20-233; 1.15% Li2O, from sample 23GT24-026  These results are further evidence of the consistency of the high grade lithium mineralisation on the Osborne JV tenement which provides the Company with confidence for the next phase of exploration activity.

The Kobe trend currently extends 1.5km into the Osborne JV tenure and the combined Osborne trends feature +4km of lithium strike mineralisation. Greater Carlow Project (ARV 100%) Lulu Creek IP - Gold Target An Exploration Incentive Scheme (EIS) grant of $82,500 was awarded from the West Australian State Government to assist with drilling RC holes at the Lulu Creek gold project. Through a previously conducted high-resolution dipole - dipole IP (induced polarisation) geophysics survey at Lulu Creek, high level chargeability anomalies that may represent disseminated sulphides within the exploration area were identified.

Subject to further modelling and interpretation of the IP chargeability and resistivity bodies and a heritage survey across the prospect, drilling can be undertaken and is anticipated to be completed within first half 2024, once relevant approvals have been received. Paterson Gold Project A detailed strategic review of the Company's 100% owned Paterson Gold Project in Western Australia commenced with the aim of establishing a development pathway to extract maximum value for shareholders. An independent technical review identified a new priority target, Apollo North.  The review also identified that drill hole 22PTMRD011 intercepted the same lithotypes and similar mineralisation as Havieron and was considered to be typical of a 'near miss' at Havieron.

Multiple options are currently being considered to advance the Project, including joint ventures and third party funding.