Artemis Gold Inc. reported its financial and operation results for Q2 and Year To Date (YTD) 2025.
The company saw its total production at 50,623 ounces of gold for Q2 2025, bringing the YTD total to 63,343 ounces.
“This quarter marked a major milestone for Artemis Gold, as we transitioned the Blackwater Mine from development to production, and celebrated the opening of Canada’s newest gold mine together with our First Nations partners and other stakeholders.” said CEO Dale Andres.
Blackwater Mine, around 160 kilometres southwest of Prince George, completed its first pour of of gold and silver on January 29th, and officially opened on May 30th.
The company recorded a revenue of $231.1 million and $272.1 million in Q2 and YTD 2025, which they said was driven by the initial sales of gold and silver following the start of production at the mine.
It’s on track to achieve the previously stated production guidance for fiscal 2025 of 190,000 to 230,000 ounces of gold, with all-in sustaining costs expected trend down in the second half of the year as operating efficiencies improve and production increases.
The full report can be found on Artemis Gold Inc.’s website here.
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