Artemis Gold's Executive Chair, Steven Dean, discusses the Blackwater mine's successful startup and future expansion plans. The mine boasts an all-in sustaining cost of $840 per ounce, yielding a margin of over $3,000 per ounce at current gold prices. Artemis is focused on a Phase 2 expansion to increase nameplate capacity from 8 million to over 20 million tons per annum, potentially making it a top-five processing facility. Dean also highlights a regional exploration program across their 1,500 square kilometer land tenure, aiming to discover additional deposits. Despite potential M&A vulnerability due to being undervalued, board and management control 38% of the company, allowing them to focus on achieving their goals.
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