Artemis Gold Inc · TSXV:ARTG
Artemis Gold — Q2 2026 Earnings Presentation
19 slides from Artemis Gold's earnings presentation, Aug 6, 2026
Slide 1: Q2 2026 Results Conference Call
TSX-V: ARTG | artemisgoldinc.com Q2 2026 Results Conference Call AUGUST 6, 2026
Slide 2: Forward Looking and Cautionary Statements
Forward Looking and Cautionary Statements This presentation 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 stateme
Slide 3: On Today’s Call
On Today’s Call DALE ANDRES ERIK MARCHAND TONY SCOTT Chief Executive Officer & Director Chief Business Development Officer Chief Financial Officer and Corporate Secretary CANDACE ALDERSON MEG BROWN Chief ESG Officer VP Investor Relations 3
Slide 4: Q2 Highlights
Q2 Highlights Record Q2 results – driven by record production and low AISC¹ Declared inaugural quarterly dividend – returning capital to shareholders Advanced Phase 1A – 57% complete and on track for Q4 2026 commissioning Early start to EP2 major works – on track for completion in H2 2028 Significan
Slide 5: Inaugural Quarterly Dividend Declared
Inaugural Quarterly Dividend Declared Strong margins powering both growth and capital returns 40% of free cash flow2 for Shareholder return framework1 shareholder returns (2028+) Base Dividend • Inaugural quarterly dividend of $0.05 per share declared on August 5, 2026 • Expected to increase to $0.0
Slide 6: Q2 2026 Operating Results
Q2 2026 Operating Results Mining operations performed well; record production and sales • Record production of 74,063 oz gold Select operating results Q1 2026 Q2 2026 YTD 2026 • Record sales of 78,126 oz gold Total mined (t) 12,535,515 11,420,095 23,955,611 • Gold grades reached record 1.86 g/t Ore
Slide 7: Q2 2026 Operating Highlights
Q2 2026 Operating Highlights Open pit development progressing on plan • Continued development of pit phases 2 and 3 • Arrival and assembly of new mine fleet additions ongoing • ~23 Mt stockpiled low and medium grade ore Recoveries continue to trend higher • Improved to 92.2% in Q2, a new quarterly r
Slide 8: Mine Well Prepared to Support Phase 1A and EP2 Expansions
Mine Well Prepared to Support Phase 1A and EP2 Expansions Low- and medium-grade stockpile – 23 Mt One of five new 240-tonne haul trucks 8
Slide 9: Industry-leading Growth Profile; Disciplined Project Delivery
Industry-leading Growth Profile; Disciplined Project Delivery Production of >500,000 ounces of gold per year by 2029 Production guidance (190,000-230,000oz of gold) Meaningful and near-term organic growth Capital efficient, staged expansions funded through Original guidance maintained, but expect in
Slide 10: Phase 1A Progress – Growth from 6 Mtpa to 8 Mtpa
Phase 1A Progress – Growth from 6 Mtpa to 8 Mtpa Phase 1A 57% complete at the end of Q2 2026 The following milestones have been achieved: • Vertimill building structural steel erection well advanced and Vertimill components arriving at site; • New cyclone cluster enroute to site; • New pre-aeration
Slide 11: Phase 1A Progress – Growth from 6 Mtpa to 8 Mtpa
Phase 1A Progress – Growth from 6 Mtpa to 8 Mtpa Vertimill building construction – July 2026 Shear reactor foundations – July 2026 11
Slide 12: EP2 Progress – Transforming Blackwater into one of Canada’s largest gold mines
EP2 Progress – Transforming Blackwater into one of Canada’s largest gold mines Major works construction commenced ahead of schedule Early works program nearing completion; de-risks schedule The following milestones have been achieved: • First concrete pour for the ball mill foundations complete • Al
Slide 13: EP2 Progress – Transforming Blackwater into one of Canada’s largest gold mines
EP2 Progress – Transforming Blackwater into one of Canada’s largest gold mines Bulk earthworks for new primary crusher – July 2026 First concrete pour for EP2 ball mill foundation – July 2026 13
Slide 14: Q2 2026 Financial Highlights
Q2 2026 Financial Highlights Strong AISC margins1; record operating cash flow Select Financial Information • Record 78,126 oz gold sold in Q2 2026 ($millions except AISC and per share information)2 Q1 2026 Q2 2026 • 49,052 oz sold into spot market at realized price of US$4,392/oz Revenue $315.4 $433
Slide 15: 2026 Guidance
2026 Guidance Production guidance 265,000-290,000 oz gold; trending toward higher end of cost guidance range Production guidance (190,000-230,000oz of gold) Original guidance maintained, but expect in the lower half of the range 2026 Guidance Gold production (oz) 265,000 – 290,000 AISC1 (US$/oz sold
Slide 16: Financial Highlights: Balance Sheet Strengthened
Financial Highlights: Balance Sheet Strengthened Total available liquidity $879M Balance Sheet Q2 2026: • Record cash flow from operations of $208M • Phase 1A and EP2 expected to be funded from operating $179M cash flows • Purchased gold put options providing downside gold price Total available prot
Slide 17: Further Growth, Optionality and Upside – 2026 Focus
Further Growth, Optionality and Upside – 2026 Focus Optimization studies planned • Mine design and scheduling – update for current prices and with cutoff grade optimization • Mining equipment – shovel electrification and haulage automation options • Alternative waste movement – conveyors and stackin
Slide 18: Q2 2026 Summary
Q2 2026 Summary Record Q2 results – continuing to optimize plant and cost performance Robust balance sheet – strong liquidity and operating cash flow with downside price protection for next 12 months Phase 1A on track – construction 57% complete; Q4 2026 commissioning Strong start to EP2 – major wor
Slide 19: Q2 2026 Results Conference Call
TSX-V: ARTG | artemisgoldinc.com Q2 2026 Results Conference Call AUGUST 6, 2026