Artemis Gold Reports Q3 2025 Production Results

Executive Summary

• Artemis Gold reported Q3 2025 gold production of 60,985 oz from the Blackwater Mine, in line with guidance.
• Year‑to‑date (YTD) production reached 124,328 oz; five‑month total (May–Sept) was 95,809 oz.
• Mill throughput averaged 16,618 t/d (101% of design capacity) for the quarter and 17,248 t/d (105%) in Aug‑Sep, with gold recovery improving to ~87% in the last two months.

Key Details

• Q3 2025 Production: 60,985 oz of gold.
• Post‑commercial period (May–Sept 2025): 95,809 oz of gold produced.
• YTD production (through Sept 2025): 124,328 oz of gold.
• Mill throughput: Average 16,618 t/d for Q3 2025 (101% of design capacity).
• August‑September throughput: Average 17,248 t/d (105% of design capacity).
• Gold recovery: Approximately 87% in the last two months of the quarter.
• CEO Comment: “We continue to steadily progress our ramp‑up and optimization… production for the year is weighted to Q4 2025… we remain well positioned to achieve full‑year guidance of 190,000–230,000 oz.”
• Future Guidance: Full‑year production target remains 190,000–230,000 oz of gold.

Notable Quotes

“We continue to steadily progress our ramp‑up and optimization of the Blackwater operation… As planned, production for the year is weighted to Q4 2025… We remain well positioned to achieve full‑year production guidance of 190,000 to 230,000 ounces of gold.” – Dale Andres, CEO

The release includes a conference call/webcast announcement for detailed Q3 2025 financial and operating results on November 4–5, 2025.