OrbitonOpen research workspace →
Artemis Gold Inc. logo

Artemis Gold Inc.

TSXV:ARTGLive AI agent

Artemis Gold Inc.

Investor website: https://artemisgoldinc.com/

About

Artemis Gold Inc. is focused on the disciplined development of the Blackwater Mine in British Columbia, Canada. The company is committed to conducting its business in accordance with all applicable laws and regulations while maintaining a high level of corporate governance.

Verified company data

Cash position
$179M
Shares outstanding
233M
Fully diluted shares
242M
Mineral resource
The Mineral Resource Estimate for the Blackwater Project is effectively unchanged from the estimate incorporated into the 2020 PFS. The Mineral Resource is estimated from a drill hole database containing 1,002 drill holes and 288,738 assay intervals. Three domains were generated based on the major north-south fault and changes in orientation of the mineralization. The block model has a 10 x 10 x 10 m selective mining unit, with interpolation of gold done by multiple indicator kriging (“MIK”) and interpolation of silver using ordinary kriging (“OK”). The interpolations were limited by domain boundaries and were clipped to the overburden surface. Blocks were assigned a preliminary classification based on variography and drill hole spacing by domain, with Measured and Indicated confidence classifications then adjusted for block continuity. The base case cut-off grade, within the "reasonable prospects of eventual economic extraction” pit shell is 0.20 g/t gold equivalent (“AuEq”), where the AuEq is calculated as AuEq = Au g/t + (Ag g/t x 0.006). At the base case prices, exchange rate and smelter terms a 0.20g/t AuEq cut-off covers the processing costs of C$9.00/t processed. At a 0.20 g/t AuEq cut-off, the total Measured and Indicated Mineral Resource is estimated at 597 Mt at 0.65 g/t AuEq, 0.61 g/t Au, and 6.4 g/t Ag for a total of 12.4 million AuEq ounces. Of the total Measured and Indicated Mineral Resources, 75% are in the Measured category. Table 6 summarizes the Mineral Resource estimate and includes sensitivity cases to show the estimate sensitivity to changes in cut-off grade.
Projects
["Artemis Gold Inc. is focused on the operation and further development of the Blackwater Mine in central British Columbia approximately 160km southwest of Prince George and 450 kilometres northeast of Vancouver. The first gold and silver pour at Blackwater was achieved in January 2025 and commercial production was declared on May 1, 2025. In Q3 2025, the Company initiated construction activities for the Phase 1A expansion of the Blackwater Mine, which is expected to increase throughput capacity from 6.0 million tonnes per annum to 8.0 Mtpa by Q4 2026. In December 2025, the Company announced the EP2 development of the Blackwater Mine, a plan to increase processing plant capacity to 21 Mtpa before the end of 2028."]
Leadership
Dale Andres (CEO, Seasoned mining executive with over 30 years of international experience in the resource industry, previously CEO of Gatos Silver, Inc.), Steven Dean (Executive Chair, Founder of the Company), Jeremy Langford (President, Focused on business growth, asset optimization, and development), Tony Scott (Chief Business Development Officer, Over 25 years of experience in the metals and mining industry, previously held senior positions at Placer Dome and Teck Resources.), James Woeller (Vice President Business Development and Improvement, Experienced in corporate development and business improvement, previously Vice President at Gatos Silver.)

Verified data last updated:

Recent filings