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Artemis Gold Provides Q2 Update on Blackwater Mine Construction Progress
Artemis Gold Provides Q2 Update on Blackwater Mine Construction Progress Canada NewsWir...
About this update from Artemis Gold Inc
[{"type":"text","content":"\n\n\n\n Artemis Gold Provides Q2 Update on Blackwater Mine Construction Progress\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n TSXV: ARTG\n \n\n\n Project remains fully funded and on budget; 87% complete at the end of\n \n June 2024\n \n and on schedule to pour first gold in Q4 2024\n \n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n July 30, 2024\n \n\n /CNW/ - Artemis Gold Inc. (TSXV: ARTG) (\"Artemis Gold\" or the \"Company\") provides an update on Q2 construction progress at the Blackwater Mine in central\n \n British Columbia\n \n . The project remains fully funded and currently on schedule for first gold pour in Q4 2024.\n \n\n At\n \n June 30, 2024\n \n overall construction was approximately 87% complete, and approximately\n \n C$650 million\n \n of the capital budget of\n \n C$730\n \n to\n \n C$750 million\n \n had been spent.\n \n\n\n Steven Dean\n \n , Chairman and CEO of Artemis Gold, stated: \"Through to\n \n June 30, 2024\n \n , we continued to advance construction and progress our operational readiness plans in-line with our expected timelines. The development of gold mines is complex and requires multiple skill sets and disciplines including risk management. This month we were challenged again by wildfires in the area of the mine and I would like to recognize the Blackwater team's efforts to safely and orderly demobilize staff upon receipt of the recent wildfire evacuation order. Last week's response to the lifting of the order and commencement of an expedient return and ramp-up to full-scale construction was a credit to our team.\"\n \n\n\n Construction Update\n \n\n\n\n Construction of the water management pond, excavation of the cutoff trench through\n \n Mine Creek\n \n in ...