News Summary

Artemis Gold Inc. has officially opened the Blackwater Mine in British Columbia, marking it as Canada’s newest gold and silver mine. Located southwest of Vanderhoof, the mine represents a significant resource development project in the Cariboo region, employing over 400 individuals, with a focus on Indigenous and local employment. The mine is expected to produce between 190,000 to 230,000 ounces of gold in the financial year 2025. Artemis Gold has invested over $1 billion since 2022 in Canadian contractors, with a substantial portion benefiting local and Indigenous companies. The Blackwater Mine features a fully-electrified processing facility aimed at minimizing greenhouse gas emissions, aligning with high environmental standards. Future phases of development could significantly increase job opportunities in the region.