VANCOUVER, BC, Oct. 30, 2025 (CNW Group via COMTEX) --
Artemis Gold Inc. (TSXV: ARTG) ("Artemis Gold" or the "Company") announces the commencement of a regional exploration drill program on its approximately 1,500 square kilometre land package in central British Columbia.
An initial $5 million program has started and will include 15,000 to 25,000 metres of drilling in up to 150 holes. The initial program will extend into early 2026 and will focus on high priority targets defined by prior regional exploration.
Artemis Gold CEO Dale Andres commented: "Now that the Blackwater Mine has achieved commercial production and is operating above nameplate capacity, we are turning our attention to the highly prospective region around the mine. Over 30 drill targets within economic trucking distance of the existing processing facilities have already been identified. This initial drill program is expected to be part of a broader and longer-term regional exploration strategy over the next 5 to 10 years to fully test our large and highly prospective land package. Regional exploration drilling, together with our continued optimization efforts and future expansion plans at the operation, aims to reveal the true potential at Blackwater and unlock further value for our shareholders."
Artemis Gold is a beneficiary of extensive prospecting activities conducted by prior owners, primarily between 2009 and 2014. The comprehensive database includes mapping, ground and airborne geophysics, regional structural analysis and over 40,000 rock, soil and till geochemical samples. The area is geologically prospective for epithermal deposits similar to Blackwater, as well as the potential for porphyry and VMS systems.
Through an integrated desktop review using conventional geoscience and AI-aided methods, the comprehensive historical data has been re-interpreted to assess prospectivity and prioritize follow-up targets within the Blackwater area based on the lithological, geophysical and geochemical datasets.
As part of this review, machine-learning algorithms were used to identify prospective patterns within these datasets and predict geological domains and potential zones of mineralization. This led to the identification and ranking of more than 30 epithermal and porphyry targets through this combined exercise and the recommendation to further drill test these targets.
About Artemis Gold
Artemis Gold is a well-financed, growth-oriented gold and silver producer and development company with a strong financial capacity aimed at creating shareholder value through the identification, acquisition, and development of gold properties in mining-friendly jurisdictions. The Company's current focus is the Blackwater Mine in central British Columbia approximately 160km southwest of Prince George and 450km northeast of Vancouver. The first gold and silver pour at Blackwater was achieved in January 2025 and commercial production was declared on May 1, 2025. Artemis Gold trades on the TSX-V under the symbol ARTG and the OTCQX under the symbol ARGTF. For more information visit www.artemisgoldinc.com.
Qualified Person
Artemis Gold Vice President, Mineral Resources Management, Klaus Popelka, P.Geo, a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical information in this press release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-looking Information
SOURCE Artemis Gold Inc.
SOURCE: Artemis Gold Inc.
Investor Relations contact: Meg Brown, Vice President, Investor Relations,
mbrown@artemisgoldinc.com, +1 778 899 0518; Media relations contact:
media@artemisgoldinc.com
COMTEX_469918460/2197/2025-10-30T17:00:00
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