Artemis Gold Targets Major Growth as Blackwater Delivers Record Margins

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.