“While still in commissioning, Blackwater’s crushing circuit has sustained operations above its nameplate throughput. The milling circuit is also performing as expected during commissioning and ramp-up,” said Artemis COO Jeremy Langford.
“Yesterday’s first gold pour at Blackwater is a positive, if expected, milestone after holiday startup delays,” BMO noted.
“Targeting commercial production in Q2 2025, Artemis stands out as a new, sizeable mine with the potential to produce approximately 500,000 oz./year in a top jurisdiction.”
BC’s first gold mine since 2017
The Blackwater mine, 160 km southwest of Prince George and 450 km northeast of Vancouver, is accessible via major highways and service roads. It will be the province’s first new gold mine since Brucejack in 2017.
Once operational, it is expected to produce 500,000 oz. gold equivalent annually for the first 10 years, generating C$500…
