Artemis Gold Inc

Artemis Gold Inc. is a Canadian mining company focused on the development of the Blackwater Gold Project, one of the largest undeveloped gold mines in Canada, situated in British Columbia. With a proven track record of responsible project execution, Artemis is advancing Blackwater to establish it as a premier gold production asset in a Tier-1 jurisdiction. The project boasts substantial mineral reserves of approximately 8 million ounces of gold and an estimated mine life of 17 years, positioning it as a generational asset with long-term production potential.

The Blackwater Project benefits from access to existing regional infrastructure, along with Artemis’s commitment to sustainability and environmental stewardship. Artemis aims to implement best-in-class ESG practices by integrating renewable hydroelectric power into operations and exploring the deployment of a zero-emission fleet by 2029. With a focus on capital efficiency and community partnerships, Artemis Gold is poised to deliver sustainable growth and value for shareholders, building on its reputation as a responsible and innovative mining company.

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Artemis Gold Inc. presents a unique investment opportunity with its Blackwater Gold Project, one of Canada’s largest undeveloped gold projects, projected to produce over 500,000 ounces of gold equivalent annually during its first decade. Located in British Columbia, a top-tier mining jurisdiction, Blackwater combines substantial gold reserves with a favorable regulatory environment and strong government and community support.

Artemis’s commitment to operational efficiency, demonstrated by a low all-in sustaining cost (AISC), places the Blackwater Project among Canada’s most cost-effective gold producers. With phase one of construction nearing completion, Artemis expects initial gold production by late 2024, offering near-term revenue potential and the ability to self-fund further expansion.

Artemis’s strategic approach includes the use of renewable hydroelectric power and future plans for a zero-emission fleet, positioning Blackwater as a leader in sustainable mining practices. As demand for gold remains strong, Artemis Gold is poised to deliver long-term value for shareholders through sustainable, high-return growth, making it an attractive investment for those seeking exposure to large-scale, environmentally responsible mining.

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Artemis Gold Inc. is led by a highly experienced management team with deep expertise in mining development, project execution, and corporate finance. Chairman and CEO Steven Dean brings over three decades of mining industry leadership, having previously served as President of Teck Cominco Limited and as founder of Atlantic Gold, which he led to a successful acquisition. Under his guidance, Artemis is focused on advancing Blackwater with disciplined capital efficiency and strong shareholder alignment.

President and COO Jeremy Langford, a seasoned executive in large-scale gold mining projects, oversees the operational and technical development of Blackwater. With prior leadership roles at Centamin Plc and Endeavour Mining, Langford has a proven track record in delivering major gold projects on time and within budget.

The team is further strengthened by CFO Gerrie van der Westhuizen, a chartered accountant with over 20 years of financial expertise in the mining sector, who ensures Artemis’s fiscal discipline and capital strategy. Chief ESG Officer Candice Alderson, with extensive experience in project management and sustainable development, leads Artemis’s environmental and social governance initiatives, supporting the company’s commitment to responsible mining.

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Artemis Gold Inc. is executing a strategic growth plan centered on the phased development of its flagship Blackwater Gold Project. With construction for Phase 1 nearing completion and the first gold pour expected in late 2024, Artemis is positioned for near-term production while setting the stage for long-term operational growth. The company’s phased expansion strategy will progressively increase Blackwater’s processing capacity, ultimately reaching a throughput of 25 million tonnes per annum, enabling consistent annual production.

A core pillar of Artemis’s growth strategy is its commitment to capital efficiency. The company leverages Blackwater’s existing infrastructure and benefits from its proximity to low-cost, renewable hydroelectric power, which significantly reduces operational expenses and carbon emissions. Artemis is also focused on integrating a zero-emission mining fleet by 2029, further strengthening its environmental stewardship.

In addition to optimizing operations, Artemis is committed to building long-lasting relationships with Indigenous communities and local stakeholders. By prioritizing responsible mining practices and continuously exploring opportunities for resource expansion within its extensive land package, Artemis aims to maximize Blackwater’s potential while creating sustainable value for shareholders. Through this disciplined and responsible growth strategy, Artemis Gold is set to become a leading player in Canada’s gold mining industry.

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Artemis Gold Inc. is well-positioned financially to advance the Blackwater Gold Project, leveraging its strong capital base and efficient use of funds. Since acquiring Blackwater in 2020, Artemis has secured significant funding through equity offerings, strategic financing arrangements, and partnerships. This disciplined approach has supported the progress of Phase 1 construction, which is over 95% complete and on track for initial gold production by late 2024.

The 2024 expansion study projects a compelling financial outlook, with an after-tax net present value (NPV) of C$3.25 billion and an attractive internal rate of return (IRR). Artemis’s commitment to cost control is evident in Blackwater’s projected all-in sustaining cost (AISC), making it one of Canada’s most cost-efficient gold operations. Artemis has also structured financing for future expansions, minimizing shareholder dilution by funding Phases 2 and 3 through operational cash flows.

Backed by a financially disciplined management team, Artemis Gold’s sound financial foundation supports sustainable growth, operational excellence, and long-term shareholder value. By focusing on capital-efficient project execution and maintaining financial flexibility, Artemis is well-equipped to establish Blackwater as a premier, low-cost gold producer in Canada.

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Artemis Gold Inc. is on the path to becoming a prominent player in Canada’s mining industry, with its flagship Blackwater Gold Project positioned as one of the country’s largest undeveloped gold assets. With a projected mine life of 17 years, substantial gold reserves, and a focus on operational efficiency, Artemis offers a compelling investment opportunity in a top-tier jurisdiction.

Driven by a highly experienced management team and a disciplined, capital-efficient approach, Artemis is set to begin gold production at Blackwater by late 2024. The company’s commitment to best-in-class ESG practices and proactive engagement with Indigenous and local communities underscores its dedication to responsible mining.

As Artemis advances through key development milestones and expands its production capacity in future phases, the Blackwater Project is poised to deliver strong, sustainable returns. For investors seeking exposure to a high-quality, environmentally conscious mining company with significant growth potential, Artemis Gold Inc. represents an attractive opportunity in the evolving global gold market.

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