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Workforce surpasses 550 at gold mine southwest of Prince George – Bowen Island Undercurrent

Jan 31, 2024

Artemis Gold Inc., project on target for first gold pour in second half of 2024

Construction of the Blackwater Gold mine, 160 kilometres southwest of Prince George, remains on target to begin extracting the first gold pour in the second half of this year.

In a mining report issued Tuesday, Artemis Gold said construction was 59 per cent complete as of Dec. 31 and the company had spent $389 million of its initial capital expenditure of $730-750 million. By the end of 2023, Artemis has entered into $615 million worth of contractual commitments.

A 640-hectare mine site has been logged and cleared. All access roads needed for the first phase of construction are now operable.

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