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Artemis Resources Limited Appoints Andrew Johnstone As Project Director

09.03.2011  |  ABN Newswire
13:11 AEST Mar 9, 2011 ABN Newswire (C) 2004-2011 Asia Business News PL. All Rights Reserved.

Sydney, Australia (ABN Newswire) - Australian resources company, Artemis Resources Limited (ASX: ARV), is pleased to announce the appointment of Andrew Johnstone as Project Director. Andrew will be responsible for leading all exploration and development of ARV projects. Andrew has previously held senior management positions at a number of ASX listed companies including Gulf Industrials Limited (ASX: GLF) and Discovery Metals Limited (ASX: DML) (PINK: DVYLF). Andrew brings to Artemis over 20 years experience working in exploration, resource development and mining. He also has a proven background in capital raisings and other corporate activities.

Andrew has a B.SC (Hon) Economic Geology and Geophysics from the University of Tasmania and a Graduate Diploma in Applied Finance and Investment, Equity Investment Analysis from the Securities Institute of Australia. He is a member of the Australian Institute of Geoscientists (MAIG) and a Fellow of the Financial Services Institute of Australia (FFin).

David Price is stepping down as Executive General Manager, but will continue to provide services to Artemis as a geological consultant for an interim period.

Andrew will focus on advancing exploration on the Company\'s core gold projects, Mt Clement and Yandal, and work on extracting shareholder value from the Company\'s other assets.


About Artemis Resources Limited:

Artemis Resources Limited (ASX: ARV) is a maturing resources exploration company with a focus on its prospective Mount Clement and Yandal gold projects in Western Australia. The Company also has exposure to rare earths through its Yangibana (Western Australia) and Buchanan's Creek (Queensland) projects and Uranium through its Mundong Well and TAG II/IV projects in Western Australian and West Africa respectively. Its projects were targeted because of their quality, exploration potential and close proximity to existing important deposits or producing mines.

The Mount Clement Gold project comprises three mining leases and two exploration licenses over 14.5km2 in the Ashburton area of Western Australia, approximately 35km from the operating Paulsen's Gold Mine owned by ASX-Listed Northern Star Resources Limited. As part of its recent acquisition of the nearby Paulsen's Gold Mine, Northern Star Resources also acquired a 20% free-carried interest (to Feasibility Stage) in the 3 Mining Leases at Mt. Clement.



Contact:

Andrew Johnstone
Project Director
Tel: +61-2-9078-7670
Email: info@artemisresources.com.au
http://www.artemisresources.com.au
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