Artemis Gold Reports Unplanned Mill Shutdown at Blackwater

Executive Summary

• Artemis Gold announced an unplanned shutdown of the ball mill at its Blackwater Mine due to a gearbox failure on March 11, 2026.
• Repairs are expected to take 8‑10 days; mining activities continue while milling is halted.
• Q1 2026 production will be lower than previously anticipated, though full‑year gold production guidance (265,000–290,000 oz) remains unchanged pending mitigation plans.

Key Details

• Failure: Ball mill gearbox malfunction on 11 Mar 2026.
• Replacement: Suitable spare gearbox is on hand; repair work scheduled for 8–10 days.
• Maintenance: Planned Q2‑2026 maintenance activities will be performed during the outage.
• Operations: Mining continues normally; only milling is affected.
• Production Impact: Q1 2026 output expected to fall short of original estimates; no revision to full‑year guidance at this time.
• Guidance: Full‑year gold production still projected at 265,000–290,000 oz pending make‑up plans for the Q1 shortfall.

Notable Quotes

(No direct quotes were provided in the release.)