ARTEMIS GOLD BLACKWATER MINE PROJECT Q4 BRIEF

February 2, 2024

Blackwater Plant site – January 2024. @artemisgoldinc.com

PRINCE GEORGEArtemis Gold Blackwater Mine Project, southwest of Prince George, has released their Q4 construction progress.

At the end of Q4, December 31st the project was 59 per cent complete with about $389-million in initial capital expenditure.

Phase 1 construction is reaching completion with the all access roads operable and construction of site water management facilities. Work is progressing according to expected schedule.

According to their recent release: “Process plant construction progressed well on a number of fronts, including the mill building foundation preparation, reagents building foundations, ball mill pedestals, carbon in leach (CIL) and detox tank erection, advancement of the primary, secondary, and tertiary crushers structures, and the reclaim tunnel civil works. Hydro testing within the  CIL tank area commenced.”

The mine currently employs approximately 550 people including staff and contractors. Of those employed, 20 per cent of the team are female, over 30 per cent identify as Indigenous and over 80 per cent are BC residents.

Artemis Gold President and COO Jeremy Langford commented: “The fourth quarter was highlighted by our workforce eclipsing one million hours worked without an LTI – an important achievement that reflects the hard work and commitment of our dedicated workforce. As we enter Q1 2024, our short-term priorities will be to further progress the TSF infrastructure areas, advance the construction of the 225Kv transmission line and complete all essential concrete works within the process facility. In parallel with this the teams will look to progress the structural, mechanical, platework, piping and electrical construction activities within the process plant and electrical substation areas. Operations team members are scheduled to commence pre-production planning, which will prepare the teams for initial mining operations and plant commissioning.”

See full report here.

Source: Artemis Gold Inc

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