Artemis Resources Limited (ASX/AIM: ARV) has announced the appointment of Julian Hanna as Managing Director, subject to London Stock Exchange AIM market requirements.
Hanna, a seasoned geologist and mining executive, now steps into the role following his tenure as Senior Technical Advisor, where he played a crucial role in shaping the company’s exploration strategy.
The appointment comes as Artemis prepares to launch a comprehensive drilling campaign at its Karratha Gold Project in early 2025.
This initiative is backed by a recently completed $4 million capital raise, which will fund the company’s ambitious exploration objectives.
Chairman Guy Robertson expressed enthusiasm for Hanna’s appointment, citing his proven leadership in discovering and developing tier-one mineral deposits as key to driving Artemis’ ambitions forward.
Hanna brings a wealth of experience to the role, having previously led successful mining companies such as Western Areas Ltd and MOD Resources Ltd.
His track record includes transforming Western Areas from a start-up to a high-margin nickel producer, which was later acquired for approximately $1 billion.
“Artemis has a tremendous portfolio of highly prospective assets, particularly at the Karratha Gold Project,” Hanna stated.
He highlighted the potential for transformative discoveries in the upcoming drilling program, which will target high-priority prospects including the Carlow deposit extensions, the Marillion EM anomaly, and the Titan gold veins.
The company also announced the resignation of Executive Director George Ventouras, who is stepping down to pursue another professional opportunity.
Ventouras played a significant role in securing the recent capital raise and laying the groundwork for Artemis’ 2025 exploration activities.
Artemis’ 2025 drilling program will focus on several key targets within the Karratha Gold Project:
- Carlow Extensions: Testing for high-grade gold and copper at depth
- Marillion: Drilling a large conductive EM anomaly near the Carlow deposit
- Titan: Exploring high-grade gold targets identified through surface sampling
- Europa and Thorpe: Investigating new zones with promising structural and geophysical indicators
As of the announcement, Artemis Resources’ share price stood at 0.45 pence, up 5.2 per cent on Wednesday afternoon in London, with a 12-month change showing a 60 per cent decline.
