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Artemis Gold Announces Receipt of Fisheries Act Authorization

Press Release

July 4, 2023

Vancouver, British Columbia – Artemis Gold Inc. (TSX-V: ARTG) (“Artemis Gold” or the “Company”) announces receipt of the Fisheries Act Authorization for development of the Blackwater Mine (“Blackwater”). The Fisheries Act Authorization is the Government of Canada’s approval of the Company’s plan to avoid, mitigate and offset impacts to fish habitat in and around the Blackwater area. In particular, it facilitates the commencement of in-stream construction works including the building of water diversion structures and dams in the Davidson Creek valley which runs though the basin of the Blackwater tailings storage facility.

Steven Dean, Chairman and CEO of Artemis Gold, said: “This represents yet another important milestone in the construction of Blackwater, which will be one of B.C.’s largest gold mines and a significant contributor to the local, provincial, and federal economies. Our senior management and construction teams are focused on completing Phase 1 construction on schedule to pour first gold in H2 2024.”

About Artemis Gold Inc.

Artemis Gold Inc. is a well-financed, growth-oriented gold 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 construction of the Blackwater Mine project in central British Columbia approximately 160km southwest of Prince George and 450km northeast of Vancouver. The project is one of the largest capital investments in the Bulkley-Nechako, Fraser-Fort George and Cariboo regions of B.C. in the last decade. The first pour of gold and silver from Blackwater Mine is expected H2 2024 and the mine is expected to be in production for a minimum of 22 years. Artemis Gold trades on the TSX-V under the symbol “ARTG”. For more information visit: artemisgoldinc.com

Qualified Person

Jeremy Langford, FAUSIMM, a Qualified Person as defined by National Instrument 43-101, has reviewed, and approved the scientific and technical information in this news release.

On behalf of the Board of Directors

Steven Dean
Chairman and Chief Executive Officer
+1 604 558 1107

For further information

Investor Relations contact
Meghan Brown
Vice President, Investor Relations
mbrown@artemisgoldinc.com
+1 778 899 0518

Media relations contact
media@artemisgoldinc.com

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