Artemis Resources LtdA
Artemis Resources Ltd (ASX: ARV; AIM admission cancelled effective 13 Feb 2026, remains ASX-listed) is a gold, copper and lithium explorer in Western Australia. Its most advanced asset is the 100%-owned Carlow Castle gold-copper-cobalt deposit (Karratha Gold Project, West Pilbara, ~25km from Karratha with ready access to power, roads and an operational port), plus the Paterson Central project (East Pilbara) and the Osborne JV (recently discovered high-grade lithium pegmatites, West Pilbara). Artemis also owns the Radio Hill processing plant, the only processing facility in the West Pilbara region. Following an A$4M capital raise (firm commitments announced 16 Dec 2024 to fund Karratha Gold Project drilling and exploration), the company is undertaking a conceptual mining study (open pit and underground optimisation, led by Snowden-Optiro) at Carlow Castle; no updated resource estimate has been released since 2022. The board is chaired by Simon Lill, with Dr Matthew Greentree and Jozsef Patarica as Executive Directors; former Managing Director Julian Hanna stepped down from the board effective 1 Jan 2026.
Notable vs. Peers
- Trading within 0% of its 52-week low — weak recent price momentum.
Lifecycle Milestones
Not yet determined: mill, tailings facility.
Jurisdiction (40%)9/10
Western Australia: Fraser PPI 2025 is 88.53 of 100 (rank 13 of 68), which maps to 9 on this site's scale. The Karratha project (Greater Carlow Castle deposit) is in the West Pilbara of Western Australia, a Tier-1 mining jurisdiction.
Infrastructure (40%)7.9/10
Confirmed road access and confirmed grid power at Greater Carlow Castle Gold-Copper-Cobalt Deposit, Karratha Gold Project, Pilbara, Western Australia; existing mill and tailings facility not yet researched, counted at a neutral 5/10 until established.
Nearby producing mine (20%)Not yet researched
No producing mine within 50 km in our reference list (nearest listed: Wodgina (Mineral Resources Limited / Albemarle Corporation), 173 km). That list doesn't cover every mining district yet, so a longer distance isn't scored as remote.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score:0.9/10
Nearest producing mine: Wodgina (Mineral Resources Limited / Albemarle Corporation), 173 km
10 next to a producing mine, 8 at 20 km, 5 at 50 km, 0 beyond 200 km.
Weight 22.5% · 46% here - Lifecycle stageSub-score:3.5/10
Stage: Resource Definition
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 31% here - JurisdictionSub-score:9/10
Australia: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 14% here - CommoditySub-score:10/10
Primary commodity: Gold
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 9% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Non-Executive Chairman of Sierra Nevada Gold Inc.; also Non-Executive Chairman of Iron Bear Resources Ltd and Artemis Resources Ltd. Former Chairman of DeGrey Mining, which discovered the Hemi Gold deposit and was taken over by Northern Star Resources for roughly $5 billion in 2025. 35 years' experience in capital markets and resource-company leadership. Holds a BSc and MBA from the University of Western Australia.
Executive Director of Artemis Resources Ltd (ASX: ARV). Geologist and mining executive with 25+ years of industry experience; previously Managing Director and CEO of Ausgold Limited, where he expanded the Katanning Gold Project to 3.04Moz of gold with a defined 1.28Moz Ore Reserve. Expertise centres on structurally controlled gold systems relevant to Artemis' Pilbara gold portfolio. Holds a doctorate in geology; first author of peer-reviewed research on the Sibao orogenesis in western South China (Precambrian Research, 2006).
Non-Executive Director of Artemis Resources Ltd (ASX: ARV). Finance executive with 30+ years in mining and exploration and extensive Pilbara knowledge, having worked on large open-pit and underground mining operations globally; also Executive Chairman of West Coast Silver (ASX: WCE). Degree from the University of Natal, South Africa. Source: artemisresources.com.au/directors-and-management/.
Non-Executive Director of Artemis Resources Ltd (ASX: ARV). Mining geologist-engineer with 25+ years' experience across Australia, Europe, the Americas and Africa; Fellow of both the Australasian Institute of Mining and Metallurgy and the Australian Institute of Geoscientists, and Visiting Associate Professor at the Camborne School of Mines. Holds an MSc and a PhD. Expertise spans economic geology, geometallurgy, mine value-chain sampling, resource development, Mineral Resource and Ore Reserve estimation, project studies, mine operations and M&A due diligence. Sits on the Pan European Reporting Standard (PERC) committee, the Geological Society of London's Professional and Chartership and University Accreditation committees and the IOM3 Applied Earth Sciences committee; an Editorial Board member of the MDPI journals Minerals and Mining, and Co-Chair of the 12th World Conference on Sampling and Blending.
Executive Director of Artemis Resources Ltd (ASX: ARV). Mining executive with 30+ years developing projects in Australia and overseas; previously Chief Executive of Grand Cote Operations and managed development of the Fosterville Gold Mine. Degrees from Curtin University and La Trobe University plus a directors' diploma. Quoted in the company's own 17 Nov 2025 announcement launching the Carlow conceptual mining study. Source: artemisresources.com.au/directors-and-management/.
Non-Executive Director of Artemis Resources Ltd (ASX: ARV). International lawyer with 35+ years in corporate governance and professional services; Senior Partner at PwC 2007-2019, where she founded and led the UK firm's International Entrepreneurs business. Currently also a Non-Executive Director of Alien Metals, Future Metals Plc and Alba Mineral Resources Plc. Source: artemisresources.com.au/directors-and-management/.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
No smart-money tracking (institutional/large-investor activity) for this miner yet — this is a planned feature, not live data.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Artemis Resources, which left London's AIM market in February 2026 and remains listed on the ASX, explores for gold, copper and lithium in Western Australia. Its most advanced asset is the 100%-owned Carlow Castle gold-copper-cobalt deposit in the Karratha Gold Project, about 25km from Karratha, whose 2022 resource is entirely inferred at 374,000 oz of gold, 64,000 t of copper and 8,000 t of cobalt, and a conceptual open-pit and underground mining study led by Snowden-Optiro is under way. It also owns the Radio Hill processing plant, the only processing facility in the West Pilbara, plus the Paterson Central project in the East Pilbara and the Osborne joint venture, where high-grade lithium pegmatites were recently discovered.