Artemis Gold Announces Regional Exploration Drill Program Vancouver, British Columbia – Artemis Gold Inc. (TSX-V: ARTG) (“Artemis Gold” or the “Company”) announces the commencement of a regional exploration drill program on its approximately 1,500 square
Artemis Gold Inc. | 595 Burrard St., Suite 3083, Vancouver, BC V7X 1L3
Phone: 604.558.1107 [email protected] www.artemisgoldinc.com
October 30, 2025 TSXV: ARTG
PRESS RELEASE
Artemis Gold Announces Regional Exploration Drill Program
Vancouver, British Columbia – Artemis Gold Inc. (TSX-V: 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. Th e 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 m ore than 30 epithermal and porphyry targets through this combined
exercise and the recommendation to further drill test these targets.
Artemis Gold Inc. | 595 Burrard St., Suite 3083, Vancouver, BC V7X 1L3
Phone: 604.558.1107 [email protected] www.artemisgoldinc.com
Artemis Gold regional exploration priority 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.
Artemis Gold Inc. | 595 Burrard St., Suite 3083, Vancouver, BC V7X 1L3
Phone: 604.558.1107 [email protected] www.artemisgoldinc.com
Investor Relations contact
Meg Brown
Vice President, Investor Relations
+1 778 899 0518
Media relations contact
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
This press release contains certain forward -looking statements and forward -looking information as defined under applicable
Canadian and U.S. securities laws. Statements contained in this press release that are not historical facts are forward -looking
statements that involve known and unknown risks and uncertainties. Any statements that refer to expectations, projections or
other characterizations of future events or circumstances contain forward -looking statements. In certain cases, forward-looking
statements and information can be identified using forward -looking terminology such as “may”, “will”, “expect”, “intend”,
“estimate”, “anticipate”, “believe”, “continue”, “plans”, “potential” or similar terminology. Forward -looking statements and
information are made as of the date of this press release and include, but are not limited to, statements regarding strategy, plans,
future financial and operating performance of the Blackwater Mine; the contribution of the mine to the economy; opinions of the
Province of British Columbia regarding the mine and the region; agreements and relationships with Indigenous partners; the
future of mining in British Columbia; the extent and timing of the exploration program; the plans of the Company with respect to
the next phase of expansion, including construction, site preparation, consultation with indigenous groups, and other plans a nd
expectations of the Company with respect to the mine, future production and anticipated timing of expansion works.
These forward-looking statements represent management’s current beliefs, expectations, estimates and projections regarding
future events and operating performance, which are based on information currently available to management, management’s
historical experience, perception of trends and current business conditions, expected future developments and other factors
which management considers appropriate. Such forward -looking statements involve numerous risks and uncertainties, and
actual results may vary. Important risks and other factors that may cause actual results to vary include, without limitation: risks
related to ability of the Company to accomplish its plans and objectives with respect to the exploration program or the operations
and expansion of the Blackwater Mine within the expected timing or at all, the timing and receipt of certain required approva ls,
changes in commodity prices, changes in interest and currency exchange rates, litigation risks, risks inherent in mineral resource
and mineral reserves estimates and results, risks inherent in exploration and development activities, changes in exploration,
mining or expansion plans due to changes in logistical, technical or other factors, unanticipated operational difficulties (including
failure of plant, equipment or processes to operate in accordance with specifications, cost escalation, unavailability of materials,
equipment or third party contractors, delays in the receipt of government approvals, industrial disturbances, job action, and
unanticipated events related to heath, safety and environmental matters), changes in governmental regulation of mining
operations, political risk, social unrest, changes in general economic conditions or conditions in the financial markets, and other
risks related to the ability of the Company to proceed with its plans for the Mine and other risks set out in the Company’s most
recent MD&A, which is available on the Company’s website at www.artemisgoldinc.com and on SEDAR+ at www.sedarplus.ca
In making the forward-looking statements in this press release, the Company has applied several material assumptions, including
without limitation, the assumptions that: (1) market fundamentals will result in sustained mineral demand and prices; (2) any
necessary approvals and consents in connection with the exploration program or the operations and expansion of the Mine will
be obtained; (3) financing for the continued operation of the Blackwater Mine and future expansion activities will continue t o be
available on terms suitable to the Company; (4) sustained commodity prices will continue to make the Mine economically viable;
and (5) there will not be any unfavourable changes to the economic, political, permitting and legal climate in which the Company
operates. Although the Company has attempted to identify important factors that coul d affect the Company and may cause
actual actions, events, or results to differ materially from those described in forward -looking statements, there may be other
factors that cause the actual results or performance by the Company to differ materially from those expressed in or implied by
any forward-looking statements. Accordingly, no assurances can be given that any of the events anticipated by the forward -
looking statements will transpire or occur, or if any of them do so, what impact they will have on th e results of operations or the
financial condition of the Company. Investors should therefore not place undue reliance on forward -looking statements. The
Company is under no obligation and expressly disclaims any obligation to update, alter or otherwise revise any forward-looking
statement, whether written or oral, that may be made from time to time, whether because of new information, future events or
otherwise, except as may be required under applicable securities laws.