==> picture [221 x 66] intentionally omitted <==

Artemis Resources Limited and its controlled entities

Interim financial report for the 6 months ended 31 December 2013

ABN: 80 107 051 749

==> picture [63 x 64] intentionally omitted <==

Telephone: +61 2 9078 7670 Facsimile: +61 2 9078 7661 Email: [email protected] Address: Level 9, 50 Margaret Street, Sydney NSW 2000 Postal Address: PO Box R933, Royal Exchange NSW 2205

www.artemisresources.com.au

Page 2

DIRECTORS’ REPORT

The Directors present their report on the consolidated entity for the half year ended 31 December 2013.

Directors

The names of the Directors who held office during and since the end of the half-year:

Guy Robertson (Executive Director) Shannon Coates (Non-Executive Director) George Frangeskides (Non-Executive Director)

RESULT AND REVIEW OF OPERATIONS

EASTERN HILLS ANTIMONY-LEAD PROJECT

During the half year the Company achieved a significant milestone by releasing its maiden Mineral Resource reported in accordance with JORC (2012) for the Eastern Hills Antimony-Lead (Sb-Pb) Project1 located in the Ashburton region of Western Australia, following the completion of a successful 15 hole drilling program in October 2013.

The combined Indicated and Inferred Resource exceeded size expectations, comprising 1.3 million tonnes at 1.7% Sb and 2.5% Pb (see Table 1 and Figure 1). Importantly, the higher confidence Indicated Resource category returned higher grades than expected in antimony (2.0%), lead (3.1%) and gold (0.41g/t) compared to the Company’s Exploration Target estimated in January 2013[2] .

Table 1: Eastern Hills Mineral Resource estimate based on a 1.0% Sb cutoff grade ~~[1]~~

This resource estimate only includes mineralisation from the Taipan Zone, with drill testing of the new high grade Dugite Zone[3] (containing rock chip sample results up to 35.7% Sb, 36% Pb, 1500g/t Ag and 6.80g/t Au), scheduled for the 2014 field season.

The Total Mineral Resource for the Taipan Zone at a 1.0% Sb cutoff grade contains 22,400 tonnes of antimony (Table 2). Over 70% of the Total Mineral Resource[4] is within the Indicated category. The remaining 29% of the resource estimate is within the Inferred category, highlighting the potential for mineralisation to continue at depth. Antimony continues to trade at just under US$10,000/tonne.

Table 2: Eastern Hills Total Mineral Resource – contained metal ~~[1]~~

Detailed studies have yet to be completed to assess the viability of economically extracting and processing the Eastern Hills Mineral Resource however, the latest Mineral Resource estimate will form the basis of a Scoping Study which has now commenced.

1 ASX announcement dated 29 November 2013, some rounding has been applied to reported results

2 ASX announcements dated 16 and 18 January 2013

3 ASX announcement dated 12 November 2013

4 Calculated on the contained Sb metal tonnes at a 1% Sb lower cutoff grade – refer Table 2

Page 3

DIRECTORS’ REPORT

==> picture [432 x 304] intentionally omitted <==

Figure 1: Eastern Hills – Mineral Resource, antimony zones and drillhole locations

High grade potential resource additions (Dugite, Gwardar, Tiger Zones)

The Company announced in September[5] that it had identified three new zones of similar style mineralisation that appear to be part of a more widespread mineralised system – the Dugite, Gwardar and Tiger Zones (Figure 2).

Results from rock chip sampling, reported during the December quarter[3] from the Dugite Zone, located just north of the Taipan Zone (Figure 2), have returned up to 35.7% Sb - the highest antimony grade seen to date at the Eastern Hills Project . The same sample (Table 3) also included extremely high grades of 29.0% Pb, 1,335g/t silver (Ag) , as well as 0.56g/t gold (Au). Significant rock chip results (Table 3) provide further evidence that Eastern Hills is a significantly mineralised multi-vein system (Figure 2) predominantly containing antimony-lead with locally rich precious metals.

Table 3: Eastern Hills best reconnaissance sampling results[6] – October 2013[7]

5 ASX announcement dated 26 September 2013

6 Best results selected if Sb>1.0% or Au>2.0ppm

7 Laboratory analysis of samples undertaken by ALS Laboratories Perth and Brisbane. Analysis of individual elements, with relevant method, is Sb (ME–XRF05, ME–XRF15b on assays greater than 1% Sb, and ME_XRF-15c on assays greater than 20% Sb), Ag (ME-ICP61 and OG62 on assays greater than 100ppm Ag), Pb (ME-ICP61 and OG62 on assays greater than 1% Pb), Au (Au-AA23)

Page 4

DIRECTORS’ REPORT

==> picture [451 x 317] intentionally omitted <==

Figure 2: Eastern Hills - Latest sampling of new zones adjacent to Taipan Zone resource

Additional rock chip sampling and mapping of the Dugite-Gwardar-Tiger Zones was completed late in the December quarter, with final assay results revealing additional high grade results on new zones[8] .

The high grade results have elevated the Dugite Zone (Figure 2) to become a key focus in the Company’s quest for additional resources to add to the Mineral Resource reported in accordance with JORC (2012) at the adjacent Taipan Zone.

Dugite Zone

The Dugite Zone lies immediately to the north of the Taipan Zone (Figures 1, 2 and 3). The Dugite Zone currently has a mapped strike length of approximately 1.1km and is striking east-northeast. As mentioned above, further encouragement was obtained from the latest rock chip sampling campaign with one particularly high grade result (sample 238639 – Figure 3).

Artemis has also uncovered, and reviewed, historical rock chip sampling results along the Dugite Zone. Significant historical results (Sb>5%) are displayed on Figure 3 with best results up to 33.0% Sb, 36.0% Pb, 1,500g/t Ag & 6.80g/t Au within a 50m zone of Artemis’ high grade antimony result. The historical results provide further evidence that the eastern end of the Dugite Zone is highly prospective for exceptionally high grade antimony, lead, silver and gold. This particular zone of mineralisation is interpreted to be the result of northwest-southeast faults cross-cutting the Dugite silica alteration zone roughly perpendicular to its strike. This later stage cross-cutting fault zone is interpreted to provide the fluid pathway for the antimony-leadsilver-gold mineralisation seen at the Eastern Hills deposit. This model provides encouragement for further discoveries of mineralisation on both the Gwardar and Tiger Zones, which at this point have not been mapped or sampled to the same level of detail as the Dugite Zone.

8 ASX announcement dated 5 March 2014.

Page 5

DIRECTORS’ REPORT

==> picture [445 x 312] intentionally omitted <==

Figure 3: Dugite Zone (East) – Artemis and historic sampling results[9] (refer Fig 2)

Tiger Zone

The Tiger Zone is located 500 metres to the northeast of the Taipan Zone (Figure 2) and returned a high grade result of 5.0% Sb in the September quarter (JORC 2004). Follow-up work during October detailed further encouraging mineralisation with 3.8% Sb and 1.6% Sb results (JORC 2012) obtained from rock chips. The Tiger Zone has a northeast orientation which, although slightly different from the more central alteration zones, still shows evidence of a pathway for mineralisation along the fault structure.

Gwardar Zone

The Gwardar Zone lies to the north of the Dugite Zone (Figures 1 and 2) with an approximate strike length of 700m. Only one rock chip sample was taken by Artemis from the Gwardar Zone and an encouraging result of 0.4g/t Au was reported in the September quarter (JORC 2004). A gold result of this level is encouraging as it suggests a potential link between the nearby Mt Clement gold deposit and the western end of the Eastern Hills mineralisation. More systematic mapping and sampling of the Gwardar Zone was undertaken late in the December quarter with results pending.

Scoping Study Underway

With successful completion of the JORC resource estimation, planning is now underway for follow up activities to advance the Eastern Hills deposit. A field campaign to further map and sample zones identified adjacent to the Taipan Zone, including the new high grade Dugite Zone, was completed pre-Christmas. Results of this work revealed an extension to the high grade Dugite East Zone and will be followed up by drill target generation for potential resource expansion. A preliminary scoping study to assess the economic parameters around the deposit is scheduled for early 2014, while planning is underway for follow up drilling to commence in 2014 following the northern wet season, subject to available funding.

9 Best results shown if Sb>5.0%

Page 6

DIRECTORS’ REPORT

China – Corporate / Strategic Partners

With the Eastern Hills Antimony-Lead Project attaining its maiden JORC (2012) resource status in November 2013, Artemis attended the World Antimony Conference in Guilin, China in December 2013. Artemis subsequently went on to meet a number of key antimony corporates in Guangxi, Hunan and Guizhou Provinces in the southeast of China, including miners, antimony ingot and trioxide producers, traders, offtakers and investors.

Artemis will continue to develop these relationships with companies seeking off-take agreements and potential strategic partnerships in order to fund the advancement of the project.

WEST PILBARA PROJECT - High Grade Gold and Copper Targets

During the period, Artemis’ technical team conducted a short field visit to its West Pilbara Project to further evaluate its gold, copper, silver, nickel and iron potential, in particular the gold/copper mineralisation at the Carlow Castle Prospect. Further geological reviews of the project were also conducted and Artemis maintains its belief that the region is under-explored and has high potential for new base metal and gold discoveries.

A further exploration program is planned subject to achieving a Native Title Agreement and, in respect of tenement numbers E47/1745, E47/1746 and E47/1797, a Warden’s Court hearing in relation to a plaint against these tenements. The Company has made good progress in negotiations for a Native Title Agreement and expects a conclusion in March/April 2014 to enable exploration to proceed.

Artemis is also in discussions with several potential partners looking to invest in the West Pilbara Project (Figure 4), to assist the Company to explore its large and highly prospective project area.

==> picture [252 x 365] intentionally omitted <==

Figure 4: Key West Pilbara base and precious metal prospects

Page 7

DIRECTORS’ REPORT

CORPORATE

On 28th August 2013, the Company announced the successful closing of a renounceable Rights Issue with 79% of the renounceable Rights Issue being subscribed for by existing shareholders.

Under the Rights Issue the Company issued 155,262,206 shares raising $931,573. Attached to each share were one Short Dated option (1.2 cents expiring 31 March 2014) and one Long Dated option (2 cents expiring 31 August 2016).

The shortfall under the Rights Issue was placed with underwriters with the Company issuing 40,853,952 shares, raising $245,124. Options were attached on the same terms and conditions as above. With significant demand for the shortfall, the Company issued an additional 57,577,853 shares raising a further $369,712. Options were attached on the same terms and conditions as above.

Funds raised from the Rights Issue were used primarily to fund drilling of the Company’s Eastern Hills antimony project as well as planned exploration work at the West Pilbara (Base and Precious Metals) and Yandal (Gold) projects.

During the period, the Company entered into a farm out arrangement in respect of the Grants Gully/Buchanan’s Creek project (Tantalum/Lithium) with Strategic Metals Australia Pty Limited (SMA) who will earn 75% of the project by spending $525,000 during 2014. SMA will then have an option over the remaining 25% for a payment of $250,000, plus 250,000 shares in SMA and a 2% royalty on net sales receipts.

Competent Person Statement

The information in this document that relates to Exploration Results released to ASX prior to end September 2013 is based on information compiled or reviewed by Mr Trevor Woolfe, who is a Member of The Australasian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists. Mr Woolfe is a consultant to the Company, and is employed by Alexander Cable Pty Ltd. Mr Woolfe has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Woolfe consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. This information was prepared and first disclosed under the JORC Code 2004. It has not been updated since to comply with the JORC Code 2012 on the basis that the information has not materially changed since it was last reported.

Information in this document that relates to Exploration Results and Mineral Resources other than those released to ASX prior to end September 2013 was reported in accordance with the JORC Code 2012. The Company is not aware of any new information or data that materially affects the information included in the relevant market announcement, and in the case of the Mineral Resource estimate, all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed.

Page 8

DIRECTORS’ REPORT

Tenement Schedule (as at 31 December 2013)

Joint venture partners[1,2,3,4 ] are free carried or partially free carried by Artemis.

Page 9

DIRECTORS’ REPORT

OPERATING RESULTS

With this background, the loss after income tax for the period amounted to $1,354,166 (31 December 2012 loss: $470,758).

ANNOUNCEMENTS

The consolidated entity has made the following announcements since the close of the financial period:

30/01/2014 Quarterly Cashflow Report 30/01/2014 Quarterly Activities Report 11/02/2014 Artemis Presenting at Proactive Investor Forum 05/03/2014 High Antimony Grades Expand New Zone at Eastern Hills

SIGNIFICANT CHANGES IN STATE OF AFFAIRS

In the opinion of the Directors, other than the matters covered above in this report and the accounts and notes attached thereto, there were no significant changes in the state of affairs of the Company that occurred during the financial period under review.

DIVIDENDS

No dividends have been paid or declared since the end of the previous financial year to the date of this report.

AUDITOR’S INDEPENDENCE DECLARATION

The lead auditor’s independence declaration is set out on page 11 and forms part of the Directors’ Report for the half year ended 31 December 2013.

Signed in accordance with a resolution of the Directors

Guy Robertson

==> picture [127 x 93] intentionally omitted <==

Executive Director Dated at Sydney 14 March 2014

Page 10

==> picture [596 x 156] intentionally omitted <==

RSM Bird Cameron Partners

Level 12, 60 Castlereagh Street Sydney NSW 2000 GPO Box 5138 Sydney NSW 2001 T +61 2 8226 4500 F +61 2 8226 4501

AUDITOR’S INDEPENDENCE DECLARATION

As lead auditor for the review of the financial report of Artemis Resources Limited for the half year ended 31 December 2013, I declare that, to the best of my knowledge and belief, there have been no contraventions of:

• (i) the auditor independence requirements of the Corporations Act 2001 in relation to the review; and

• (ii) any applicable code of professional conduct in relation to the review.

RSM BIRD CAMERON PARTNERS

==> picture [118 x 69] intentionally omitted <==

C J HUME Partner

Sydney, NSW Dated: 14 March 2014

Liability limited by a Major Offices in: scheme approved Perth, Sydney, under Professional Melbourne, Adelaide, Standards Legislation Canberra and Brisbane ABN 36 965 185 036

Page 11

==> picture [34 x 55] intentionally omitted <==

RSM Bird Cameron Partners is a member of the RSM network. Each member of the RSM network is an independent accounting and advisory firm which practises in its own right. The RSM network is not itself a separate legal entity in any jurisdiction.

CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE HALF-YEAR ENDED 31 DECEMBER 2013

The consolidated statement of profit or loss and other comprehensive income is to be read in conjunction with the attached notes to the financial statements.

Page 12

CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2013

The consolidated statement of profit or loss and other comprehensive income is to be read in conjunction with the attached notes to the financial statements.

Page 13

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE HALF-YEAR ENDED 31 DECEMBER 2013

The consolidated statement of changes in equity is to be read in conjunction with the attached notes to the financial statements.

Page 14

FOR THE HALF-YEAR ENDED 31 DECEMBER 2013

CONSOLIDATED STATEMENT OF CASH FLOWS

The consolidated statement of cash flows is to be read in conjunction with the attached notes to the financial statements.

Page 15

NOTES TO THE FINANCIAL STATEMENTS

1. STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES

BASIS OF PREPARATION

The half year consolidated financial statements are a general purpose financial report which has been prepared in accordance with the requirements of the Corporations Act 2001 and Australian Accounting Standard AASB 134: Interim Financial Reporting .

The consolidated half year financial report does not include all of the information required for a full annual financial report. The half year financial report is to be read in conjunction with the most recent annual financial report for the year ended 30 June 2013. This report must also be read in conjunction with any public announcements made by Artemis Resources Limited and its controlled entities during the half year.

The financial statements have been prepared on an accruals basis and are based on historical costs, modified, where applicable, by the measurement at fair value of certain non-current assets, financial assets and financial liabilities.

The financial statements are presented in Australian dollars which is Artemis Resources Limited’s functional and presentation currency.

GOING CONCERN

The financial statements have been prepared on the going concern basis, which contemplates continuity of normal business activities and the realisation of assets and discharge of liabilities in the normal course of business.

As disclosed in the financial statements, the consolidated entity incurred a loss of $1,354,166 and had net cash outflows from operating activities and investing activities of $439,176 and $1,062,457 respectively for the half year ended 31 December 2013. The consolidated entity has prepared budgets and forecasts for the following 12 months, and has determined further capital is required if the company is to continue at the planned level of operations.

These factors indicate significant uncertainty as to whether the consolidated entity will continue as a going concern and therefore whether it will realise its assets and extinguish its liabilities in the normal course of business and at the amounts stated in the financial report.

The Directors believe that there are reasonable grounds to believe that the consolidated entity will be able to continue as a going concern, after consideration of the following factors:

• The company has been successful in raising capital whenever it has approached the markets in the past and the directors are confident in the ability to continue to raise additional funds on a timely basis, pursuant to the Corporations Act 2001;

• The consolidated entity has cash at bank at balance date of $678,841, net working capital of $483,929 and net assets of $8,415,553;

• The ability of the consolidated entity to further scale back certain parts of their activities that are nonessential so as to conserve cash should capital raising be delayed or not occur; and

• The consolidated entity retains the ability, if required, to wholly or in part dispose of interests in mineral exploration and development assets.

Page 16

NOTES TO THE FINANCIAL STATEMENTS

• STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Accordingly, the Directors believe that the consolidated entity will be able to continue as a going concern and that it is appropriate to adopt the going concern basis in the preparation of the financial report.

The financial report does not include any adjustments relating to the amounts or classification of recorded assets or liabilities that might be necessary if the consolidated entity does not continue as a going concern.

USE OF ESTIMATES AND JUDGEMENTS

The preparation of financial statements requires management to make judgements, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates. Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised and in any future periods affected.

Recovery of Capitalised Exploration and Evaluation Expenditure

The future recoverability of capitalised exploration and evaluation expenditure is dependent on a number of factors, including whether the consolidated entity decides to exploit the related site itself, or if not, whether it successfully recovers the related exploration and evaluation asset through sale.

Factors that could impact the future recoverability include the level of reserves and resources, future technological changes, which could impact the cost of mining, future legal changes (including changes to the environmental restoration obligations) and changes to commodity prices.

NEW AND REVISED STANDARDS AND AMENDMENTS THEREOF AND INTERPRETATIONS EFFECTIVE FOR THE CURRENT HALF-YEAR THAT ARE RELEVANT TO THE CONSOLIDATED ENTITY

The adoption of all the new and revised Standards and Interpretations has not resulted in any changes to the consolidated entity’s accounting policies and has no effect on the amounts reported for the current or prior half-years. Any new, revised or amending Accounting Standards or Interpretations that are not yet mandatory have not been early adopted.

2. EARNINGS PER SHARE

The calculation of basic earnings and diluted earnings per share at 31 December 2013 was based on the loss attributable to shareholders of the parent company of $1,354,166 (2012: Loss $470,758):

Page 17

NOTES TO THE FINANCIAL STATEMENTS

1. FINANCIAL ASSETS

(a) Exploration and Evaluation Phase Costs

Costs capitalised on areas of interest have been reviewed for impairment factors, such as resource prices, ability to meet expenditure going forward and potential resource downgrades. It is the Directors’ opinion that the Group has ownership or title to the areas of interest in respect of which it has capitalised expenditure and has reasonable expectations that its activities are ongoing.

(b) Reconciliation of movement during the period

Page 18

NOTES TO THE FINANCIAL STATEMENTS

6. SHARE CAPITAL (CONTINUED)

Terms of Issue:

Ordinary shares

Ordinary shares participate in dividends and are entitled to one vote per share at shareholders meetings. In the event of winding up the Company, ordinary shareholders rank after creditors and are entitled to any proceeds of liquidation in proportion to the number of shares held.

SHARE OPTIONS

The Company issued 126,846,952 listed options exercisable at 1.2 cents before 31 March 2014 and 126,846,952 listed options exercisable at 2 cents before 31 August 2016. The options were issued on the basis of one option of each class for every two shares issued in the September 2013 capital raise. 3,933,333 options expired during the period. The Company currently has the following outstanding options:

7. SEGMENT INFORMATION

The consolidated entity operates in Australia. The entity has three major projects, Yandal, West Pilbara and Mount Clement. Management reporting identifies these three segments and groups other exploration activities under Other Projects.

Page 19

NOTES TO THE FINANCIAL STATEMENTS

8. SEGMENT INFORMATION (CONTINUED)

31 December 2012

1. COMMITMENTS, CONTINGENT LIABILITIES AND CONTINGENT ASSETS

There are no contingent liabilities or contingent assets.

10. EVENTS SUBSEQUENT TO 31 DECEMBER 2013

The consolidated entity has made the following announcements since the close of the financial period:

30/01/2014 Quarterly Cashflow Report 30/01/2014 Quarterly Activities Report 11/02/2014 Artemis Presenting at Proactive Investor Forum 05/03/2014 High Antimony Grades Expand New Zone at Eastern Hills

There are no events subsequent to the end of the period that would have a material effect on the consolidated entity’s financial statements at 31 December 2013.

Page 20

DIRECTORS’ DECLARATION

The directors declare that:

• (a) the financial statements and notes, set out on pages 12 to 20, are in accordance with the Corporations Act 200 1, and:

• (i) comply with Accounting Standard AASB 134 Interim Financial Reporting ; and

• (ii) give a true and fair view of the consolidated entity’s financial position as at 31 December 2013 and its performance, for the half-year ended on that date.

• (b) there are reasonable grounds to believe that the company will be able to pay its debts as and when they become due and payable.

Signed in accordance with a resolution of the Directors

==> picture [127 x 93] intentionally omitted <==

Guy Robertson Executive Director

Dated at Sydney this 14 March 2014

Page 21

==> picture [596 x 156] intentionally omitted <==

RSM Bird Cameron Partners Level 12, 60 Castlereagh Street Sydney NSW 2000 GPO Box 5138 Sydney NSW 2001 T +61 2 8226 4500 F +61 2 8226 4501

INDEPENDENT AUDITOR’S REVIEW REPORT

TO THE MEMBERS OF

ARTEMIS RESOURCES LIMITED

Report on the Half-Year Financial Report

We have reviewed the accompanying half-year financial report of Artemis Resources Limited which comprises the condensed statement of financial position as at 31 December 2013, the condensed statement of comprehensive income, condensed statement of changes in equity and condensed statement of cash flows for the half-year ended on that date, notes comprising a summary of significant accounting policies and other explanatory information, and the directors’ declaration of the consolidated entity comprising the company and the entities it controlled at the half-year end or from time to time during the half-year.

Directors’ Responsibility for the Half-Year Financial Report

The directors of the company are responsible for the preparation of the half-year financial report that gives a true and fair view in accordance with Australian Accounting Standards and the Corporations Act 2001 and for such internal control as the directors determine is necessary to enable the preparation of the half-year financial report that is free from material misstatement, whether due to fraud or error.

Auditor’s Responsibility

Our responsibility is to express a conclusion on the half-year financial report based on our review. We conducted our review in accordance with Auditing Standard on Review Engagements ASRE 2410 Review of a Financial Report Performed by the Independent Auditor of the Entity , in order to state whether, on the basis of the procedures described, we have become aware of any matter that makes us believe that the half-year financial report is not in accordance with the Corporations Act 2001 including: giving a true and fair view of the company’s financial position as at 31 December 2013 and its performance for the half-year ended on that date; and complying with Accounting Standard AASB 134 Interim Financial Reporting and the Corporations Regulations 2001 . As the auditor of Artemis Resources Limited, ASRE 2410 requires that we comply with the ethical requirements relevant to the audit of the annual financial report.

A review of a half-year financial report consists of making enquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Australian Auditing Standards and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

==> picture [34 x 55] intentionally omitted <==

Page 22

Liability limited by a Major Offices in: scheme approved Perth, Sydney, under Professional Melbourne, Adelaide, Standards Legislation Canberra and Brisbane ABN 36 965 185 036

RSM Bird Cameron Partners is a member of the RSM network. Each member of the RSM network is an independent accounting and advisory firm which practises in its own right. The RSM network is not itself a separate legal entity in any jurisdiction.

Independence

In conducting our review, we have complied with the independence requirements of the Corporations Act 2001 . We confirm that the independence declaration required by the Corporations act 2001 , which has been given to the directors of Artemis Resources Limited, would be in the same terms if given to the directors as at the time of this auditor’s report.

Conclusion

Based on our review, which is not an audit, we have not become aware of any matter that makes us believe that the half-year financial report of Artemis Resources Limited is not in accordance with the Corporations Act 2001 including:

• (a) giving a true and fair view of the consolidated entity’s financial position as at 31 December 2013 and of its performance for the half-year ended on that date; and

• (b) complying with Accounting Standard AASB 134 Interim Financial Reporting and Corporations Regulations 2001 .

RSM BIRD CAMERON PARTNERS

Sydney, NSW Dated: 14 March 2014

C J HUME Partner

Page 23

CORPORATE DIRECTORY

DIRECTORS

Guy Robertson (Executive Director) George Frangeskides (Non-Executive Director) Shannon Coates (Non-Executive Director)

SENIOR MANAGEMENT

Trevor Woolfe (General Manager Exploration) Guy Robertson (Company Secretary)

REGISTERED OFFICE

Level 9, 50 Margaret Street SYDNEY NSW 2000

Ph: (02) 9078 7670 Fax: (02) 9078 7661

SHARE REGISTRY

Security Transfer Registrars Pty Limited 770 Canning Highway APPLECROSS WA 6953

Ph: (08) 9315-2333 Fax: (08) 9315-2233 www.securitytransfer.com.au

SOLICITORS DLA Phillips Fox

AUDITORS

RSM Bird Cameron Partners

BANKERS Westpac Limited

WEBSITE

www.artemisresources.com.au

Page 24