Friday, October 10, 2025

Latest

Artemis Gold Begins Processing Ore At Blackwater

Artemis Gold (TSXV: ARTG) has reached a major milestone at its Blackwater Mine in British Columbia. The company has commenced milling of ore this week.

The achievement follows the advancement of commissioning of the grinding circuit, enabling ore to begin being sent through. Artemis has said the achievement puts the mine on track to complete its first gold pour this month.

The achievement however follows delays experienced in December related to the configuration and communication of the process control network. That delay resulted in the mine failing to meet its target of a first gold pour in the fourth quarter of 2024.

Phase one of the Blackwater Mine, once complete, is expected to see average annual production of 321,000 ounces of gold at an all in sustaining cost of just US$578 based on a 2021 feasibility study. A phase two expansion, slated for completion in year five of operations, will increase production to 381,000 ounces per year on average.

Artemis Gold last traded at $15.44 on the TSX Venture.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

First Majestic Posts Record Quarterly Silver Production In Q3

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

Related News

Canaccord Genuity Initiates Coverage On Artemis Gold With C$13 Price Target

Canaccord Genuity initiated coverage on Artemis Gold (TSXV: ARTG) this morning with a Speculative Buy...

Thursday, September 10, 2020, 03:00:12 PM

Artemis Gold Secures Financing For Blackwater Gold Project

Artemis Gold (TSXV: ARTG) has secured significant funding for its Blackwater Gold Project in British...

Thursday, February 24, 2022, 08:50:15 AM

Artemis Q2 Earnings: Strong Start For A New Operator

There’s a new low cost producer in town, who has posted strong numbers despite the...

Saturday, August 23, 2025, 11:35:00 AM

Artemis Gold: BMO Lifts Price Target After Streaming Deal

On December 14th, Wheaton Precious Metals Corp. (TSX:WPM) announced that it has entered into an...

Saturday, January 1, 2022, 12:31:00 PM

Artemis Gold Hits Commercial Production At Blackwater, Releases 2025 Guidance

Artemis Gold (TSXV: ARTG) has officially hit commercial production at their new Blackwater mine in...

Friday, May 2, 2025, 08:05:02 AM