Artemis Gold Reports Q3 Production Of 60,985 Ounces

Artemis Gold (TSXV: ARTG) has finally seen a full quarter of production for their flagship Blackwater Mine in British Columbia. The company yesterday evening indicated that the mine produced 60,985 ounces of gold in the third quarter.

The third quarter saw an average throughput of 16,618 tonnes per day at the mill, representing 101% of design capacity. Recoveries meanwhile improved to 87% over the months of August and September.

Gold production has hit 95,809 ounces for what the company is referring to as the “post commercial production period,” being the five months ended September 30. Year to date gold production meanwhile has hit 124,328 ounces of gold, with the company on a path to achieve guidance of between 190,000 to 230,000 ounces of gold.

Production for the year continues to be weighted to the fourth quarter.

Full financial results are slated to be released November 4 after markets close.

Artemis Gold last traded at $35.84 on the TSX Venture.


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

Leave a Reply

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

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Artemis Gold Delays First Gold Pour At Blackwater To January 2025

Artemis Gold (TSXV: ARTG) is behind schedule at its Blackwater Mine in British Columbia. The...

Tuesday, December 31, 2024, 09:06:22 AM

Artemis Gold Posts First Profitable Quarter on Blackwater Ramp-Up In Q2 2025

Artemis Gold (TSXV: ARTG) reported its first profitable quarter following Blackwater’s transition to production. Revenue...

Wednesday, August 13, 2025, 10:06:47 AM

Artemis Gold Produces 63,343 Ounces In H1 2025

The results are in for the first two months of commercial production for Artemis Gold’s...

Monday, July 14, 2025, 08:17:00 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

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