Company Overview

Artemis Gold Inc. is a Canadian-based gold development company focused on the acquisition, development, and operation of high-quality gold assets. The company operates within the precious metals mining industry, with its primary emphasis on gold production. Artemis Gold’s core value proposition is the development of long-life, low-cost mining operations in politically stable jurisdictions, with a strong focus on disciplined capital allocation and operational efficiency.

The company’s principal asset and primary revenue driver is the Blackwater Mine, one of the largest undeveloped gold projects in Canada, located in British Columbia. Artemis Gold was founded in 2019 and rapidly advanced Blackwater from late-stage development into construction after acquiring the project from New Gold Inc. in 2020. Since its formation, the company has evolved from a project acquirer into a near-term gold producer, positioning itself as an emerging mid-tier gold company with a single flagship asset and a clear development-to-production strategy.

Business Operations

Artemis Gold’s business operations are centered on the development and future operation of the Blackwater Mine, which is expected to be a large-scale open-pit gold and silver operation. The company generates value through mine construction, optimization of mine planning, and preparation for commercial production, with future revenues expected to be derived from gold and silver sales. The project benefits from established infrastructure, including road access and proximity to power, which supports lower operating risk relative to remote greenfield developments.

Operations are currently concentrated in Canada, with no producing international assets as of the most recent public disclosures. Artemis Gold controls the Blackwater project through wholly owned subsidiaries and does not rely on joint ventures for its core operations. The company employs conventional mining and processing technologies, including crushing, grinding, and carbon-in-leach processing, which are widely used and technically de-risked within the industry.

Strategic Position & Investments

Strategically, Artemis Gold is focused on transitioning from developer to producer while maintaining a conservative financial structure. The company’s primary growth initiative is the construction and ramp-up of the Blackwater Mine, supported by project financing, equity investments, and long-term production planning aimed at achieving competitive all-in sustaining costs. Management has emphasized capital discipline and scale, targeting Blackwater’s potential to become one of the largest gold mines in Canada by annual production.

Artemis Gold’s most significant acquisition to date is New Gold Inc.’s Blackwater Project, which transformed the company into a single-asset, development-stage miner with substantial reserve and resource potential. While the company does not currently maintain a diversified portfolio of producing subsidiaries, it retains exposure to exploration upside within the broader Blackwater land package and continues to evaluate optimization opportunities that could extend mine life or enhance production economics.

Geographic Footprint

Artemis Gold’s operational footprint is concentrated in British Columbia, a jurisdiction recognized for established mining regulations, skilled labor availability, and access to infrastructure. The company is headquartered in Vancouver, Canada, which serves as its corporate and administrative center. All material assets and operational activities are located within North America, minimizing geopolitical risk relative to companies with exposure to emerging markets.

Although Artemis Gold does not currently operate across multiple continents, its strategic focus on Canada provides it with strong access to North American capital markets and institutional investors. The company’s influence is primarily domestic, with international exposure limited to global gold pricing and the participation of non-Canadian shareholders in its publicly traded equity.

Leadership & Governance

Artemis Gold is led by a management team with extensive experience in mine development, construction, and capital markets. The company’s leadership philosophy emphasizes owner-operator alignment, technical rigor, and transparent engagement with regulators, Indigenous groups, and local communities. Governance practices are aligned with Canadian public company standards, with oversight provided by an independent board of directors.

Key executives include:

• Steven Dean – Chair and Chief Executive Officer
• Dale Andres – President
• Jeremy Langford – Chief Operating Officer
• David Ottewell – Chief Financial Officer

The leadership team’s strategic vision centers on delivering Blackwater on schedule and within budget, establishing Artemis Gold as a reliable gold producer with the potential for future organic growth.