Artemis Gold Reports Impressive Production for Q3 2025
Artemis Gold Inc. (TSXV: ARTG) has announced significant production results for the third quarter of the year 2025, reflecting the company’s ongoing development and performance at the renowned Blackwater Mine. The mine's output has been quite promising, showcasing the company’s operational efficiency and its commitment to optimizing production.
Production Statistics and Outcomes
During the third quarter, Blackwater Mine yielded a total of 60,985 ounces of gold. This figure aligns perfectly with Artemis Gold’s production expectations, resulting in an impressive cumulative production of 95,809 ounces of gold for the five months since commercial operations began. Overall, Blackwater has produced 124,328 ounces of gold year-to-date, with many excited for the potential growth.
Mill Operations and Capacity
The mill at Blackwater operated at an average throughput of 16,618 tonnes per day, hitting 101% of its designed capacity for the quarter. Notably, this was achieved despite a significant three-day shutdown in July to enhance overall operations. In response to upcoming demands, the mill recorded an even more pronounced performance from August into September, with an average throughput of 17,248 tonnes per day, showcasing a 105% design capacity. Additionally, gold recovery rates have seen improvements, increasing to approximately 87% in the last two months of the quarter.
Insights from Leadership
Dale Andres, the CEO of Artemis Gold, expressed his optimism regarding ongoing operations. "Our ramp-up and optimization strategies at Blackwater are showing positive results, particularly with our mill feed blending approach that focuses on optimizing gold recoveries," Andres noted. He further explained that the company's production for the year is increasingly concentrated in the fourth quarter, with expectations of enhanced mill throughput rates and superior feed grades compared to Q3 2025. The company is on track to reach its annual production goal of between 190,000 to 230,000 ounces of gold.
Upcoming Conference Call and Financial Insights
On the horizon, Artemis Gold plans to announce its financial and operational results for Q3 2025 on a Tuesday, shortly after markets close. Interested parties can tune into the conference call and webcast scheduled for the following Wednesday, starting at 8:00 AM PST (11:00 AM EST). This presentation is anticipated to provide further insights into the company’s performance and future strategies.
Accessing the Conference Call
For those wishing to participate in the conference call, the toll-free number for participants from Canada and the U.S. is 1-833-752-3746, while international participants can reach the call at +1-647-846-8723. This platform will allow stakeholders to engage directly with Artemis Gold's leadership, gaining a deeper understanding of the company’s outlook.
About Artemis Gold
Founded to identify, acquire, and develop mining opportunities, Artemis Gold is recognized as a well-financed and growth-oriented company in the gold and silver production sector. The company is particularly focused on its Blackwater Mine, located within a supportive mining community, approximately 160 kilometers southwest of Prince George. With a commitment to creating shareholder value through strategic developments, Artemis Gold continues to enhance its operational capabilities.
Frequently Asked Questions
What was the gold production output for Q3 2025?
In Q3 2025, the Blackwater Mine produced 60,985 ounces of gold.
What operating capacity did the mill achieve during the quarter?
The mill operated at an average throughput rate of 16,618 tonnes per day, achieving 101% of its design capacity.
When will Artemis Gold announce its financial results?
The company plans to announce its Q3 2025 financial results on a Tuesday, post market close.
How can I participate in the conference call?
Participants can call toll-free at 1-833-752-3746 in Canada and the U.S., or +1-647-846-8723 for international callers.
Where is the Blackwater Mine located?
Blackwater Mine is located approximately 160 kilometers southwest of Prince George, in a supportive region for mining operations.
