Artemis Gold Announces Management Additions Vancouver, British Columbia – Artemis Gold Inc. (TSX-V: ARTG) (“Artemis Gold” or the “Company”) is pleased to announce the additions of Tony Scott as Chief Business Development Officer and James
Artemis Gold Inc. | 595 Burrard St., Suite 3083, Vancouver, BC V7X 1L3
Phone: 604.558.1107 [email protected] www.artemisgoldinc.com
October 14, 2025 TSXV: ARTG
PRESS RELEASE
Artemis Gold Announces Management Additions
Vancouver, British Columbia – Artemis Gold Inc. (TSX-V: ARTG) (“Artemis Gold” or the “Company”) is
pleased to announce the additions of Tony Scott as Chief Business Development Officer and James
Woeller as Vice President Business Development and Improvement, effective immediately.
Mr. Scott will be responsible for overseeing the business improvement, technical services, exploration
and corp orate development functions of the Company, including strategic business planning and
identifying future district growth options. Mr. Woeller will be responsible for leading the business
improvement and corporate development functions for the Company, with a focus on asset optimization,
business planning and future growth opportunities.
Artemis Gold CEO Dale Andres said: “Tony and James join Artemis Gold at a very exciting juncture as
we continue to optimize our Phase 1 operations, including the Phase 1A step-change to increase design
throughput by 33% by Q4 2026, and continue our planning toward an investment decision on the larger
Phase 2 expansion. These appointments will further strengthen our management capability and are in
keeping with our disciplined approach to executing on our optimization and strategic growth plans and
generating further shareholder value.”
Mr. Scott brings more than 25 years of experience to the Company and has enjoyed a notable career in
the metals and mining industry including increasingly senior positions with Placer Dome and Teck
Resources. Mr. Scott is also very familiar with the Blackwater Mine, having completed technical due
diligence on the project on behalf of Macquarie Bank Limited where he was a Managing Director in their
metals and energy group. Most recently, Mr. Scott was Senior Vice President Corporate Development
and Technical Services with Gatos Silver, Inc. (“Gatos”), where he worked closely with Artemis Gold’s
CEO, Dale Andres, until Gatos’ recent acquisition for US$970 million. Mr. Scott holds a Bachelor of
Engineering in Mining Geology from Curtin University’s Western Australian School of Mines, is a
Professional Geologist and a qualified person under National Instrument 43-101.
Mr. Woeller joins the Company after having most recently served as Vice President Corporate
Development and Business Improvement at Gatos. Mr. Woeller began his career with Teck Resources,
rising through the ranks to Director, Strategy and Business Analysis. Mr. Woeller holds a Bachelor of
Applied Science in Mining Engineering from Queen’s University, a Master of Science in Mineral
Economics from the Colorado School of Mines and is a CFA charter holder.
In conjunction with these appointments, the board of directors of the Company has approved the grant
of 36,000 incentive stock options (the “Options”) and 18,000 restricted share units pursuant to the
Company’s Omnibus Incentive Plan. The Options are priced at $34.92 (based on the closing price on
October 10, 2025) and will expire on October 14, 2030.
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 cen tral British Columbia approximately 160km southwest of Prince George and
Artemis Gold Inc. | 595 Burrard St., Suite 3083, Vancouver, BC V7X 1L3
Phone: 604.558.1107 [email protected] www.artemisgoldinc.com
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.
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, including the expected timing to commissioning, completion and payback of
Phase 1A, the expected cost and benefits of the work to be undertaken as part of Phase 1A, the timing of a decision
related to Phase 2, the contribution of the mine to various stakeholders or 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 plans of the Company with respect to optimizing and enhancing current
Phase 1 operations and the next phase(s) of expansion, including construction, site preparation, procurement of
plant and equipment, consultation with indigenous groups, and other plans and expectations of the Company with
respect to the mine, future production and anticipated timing and cost of optimization, enhancement and 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 operations , optimization, enhancement and expansion of the Blackwater Mine
within the expected timing or at all, the timing and receipt of certain required approvals, changes in commodity
prices, changes in interest and currency exchange rates, litigation risks (including the anticipated outcome or
resolution of ongoing or potential claims and counterclaims, the timing and success of such claims and
counterclaims), risks inherent in mineral resource and mineral reserves estimates and results, risks inherent in
exploration and development activities, changes in mining, optimization, enhancement 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 or unanticipated
delays to the delivery of materials, plant and equipment or third party contractors, delays in the receipt of
Artemis Gold Inc. | 595 Burrard St., Suite 3083, Vancouver, BC V7X 1L3
Phone: 604.558.1107 [email protected] www.artemisgoldinc.com
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 ne cessary approvals and consents in connection with 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 to 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 could 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 the 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.