Artemis Gold drills significant mineralization in first two drill holes in resource expansion program at Blackwater mine, British Columbia

Original announcement by resourceworld on

Company
Artemis Gold Inc.
Ticker
ARTG
Exchange
Unavailable
Region
British Columbia
Primary commodity
Gold
Secondary commodities
Silver, Copper, Zinc
Document categories
Drill results, Resource update
Extracted
2026-08-24 20:19:03 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Artemis Gold reported significant gold mineralization from the first two holes of its resource expansion program at the Blackwater mine. The intercepts, including a 259m zone in BWDD-26-0001, extend below previous drilling and confirm the scale of the deposit at depth.

Reasoning: The drill results show significant gold mineralization at depth, extending the known footprint of the Blackwater deposit.

Positive factors

  • significant mineralization at depth
  • extension of deposit below previous drilling
  • large scale disseminated deposit

Negative factors

  • true width not calculated due to unknown orientation

Facts used in scoring: 7

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drill holes extended below any previous drilling on the deposit.

Evidence · text

“These drill holes extended below any previous drilling on the deposit”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Mineralized zone orientation at depth is not currently known and true widths cannot be calculated.

Evidence · text

“Mineralized zone orientation at depth is not currently known and therefore true widths cannot be calculated.”

Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

Drill Results (7)

BWDD-26-0001Blackwater · goldGrade: 1.22Grade Unit: g/tIntercept: 259 mView all details
Link to this fact

Identity

Hole ID
BWDD-26-0001
Project
Blackwater
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
ARTG

Geometry

Grade
1.22
Grade Unit
g/t
Intercept
259 m
From
309 m
To
568 m

Classification

Program
resource
Sample Type
drill
Group ID
BWDD-26-0001:309-568
Mining Method
open_pit

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-20T00:00:00.000Z

Reasoning: Large intercept at depth extending the deposit footprint.

Positive factors

  • significant width
  • extension at depth

Evidence · text

“BWDD-26-0001 intercepted 259 metres at 1.22 g/t Au from 309 metres downhole”
BWDD-26-0001Blackwater · goldGrade: 2.29Grade Unit: g/tIntercept: 85 mView all details
Link to this fact

Identity

Hole ID
BWDD-26-0001
Project
Blackwater
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
ARTG

Geometry

Grade
2.29
Grade Unit
g/t
Intercept
85 m
From
371 m
To
456 m

Classification

Program
resource
Sample Type
drill
Group ID
BWDD-26-0001:371-456
Mining Method
open_pit

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-20T00:00:00.000Z

Reasoning: Strong high-grade intercept within a larger mineralized zone.

Positive factors

  • high grade sub-interval

Evidence · text

“including 85 metres at 2.29 g/t Au from 371 metres downhole”
BWDD-26-0003Blackwater · goldGrade: 0.95Grade Unit: g/tIntercept: 191 mView all details
Link to this fact

Identity

Hole ID
BWDD-26-0003
Project
Blackwater
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
ARTG

Geometry

Grade
0.95
Grade Unit
g/t
Intercept
191 m
From
163 m
To
354 m

Classification

Program
resource
Sample Type
drill
Group ID
BWDD-26-0003:163-354
Mining Method
open_pit

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-20T00:00:00.000Z

Reasoning: Wide intercept confirming mineralization continuity.

Positive factors

  • significant width

Evidence · text

“BWDD-26-0003 intercepted 191 metres at 0.95g/t Au from 163 metres downhole”
BWDD-26-0003Blackwater · goldGrade: 1.33Grade Unit: g/tIntercept: 93 mView all details
Link to this fact

Identity

Hole ID
BWDD-26-0003
Project
Blackwater
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
ARTG

Geometry

Grade
1.33
Grade Unit
g/t
Intercept
93 m
From
228 m
To
321 m

Classification

Program
resource
Sample Type
drill
Group ID
BWDD-26-0003:228-321
Mining Method
open_pit

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-20T00:00:00.000Z

Reasoning: Higher grade portion of the intercept.

Positive factors

  • high grade sub-interval

Evidence · text

“including 93 metres at 1.33 g/t Au from 228 metres downhole”
BWDD-26-0003Blackwater · silverGrade: 25.6Grade Unit: g/tIntercept: 16 mView all details
Link to this fact

Identity

Hole ID
BWDD-26-0003
Project
Blackwater
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
ARTG

Geometry

Grade
25.6
Grade Unit
g/t
Intercept
16 m
From
1000 m
To
1016 m

Classification

Program
resource
Sample Type
drill
Group ID
BWDD-26-0003:1000-1016
Mining Method
open_pit

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-20T00:00:00.000Z

Reasoning: High silver intercept at the bottom of the hole.

Positive factors

  • notably high silver

Evidence · text

“The intercept from 1,000 to 1,016 metres was notably high in silver, copper and gold, averaging 25.6 g/t Ag, 0.22% Cu and 0.41g/t Au over the 16 metres”
BWDD-26-0003Blackwater · copperGrade: 0.22Grade Unit: %Intercept: 16 mView all details
Link to this fact

Identity

Hole ID
BWDD-26-0003
Project
Blackwater
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
ARTG

Geometry

Grade
0.22
Grade Unit
%
Intercept
16 m
From
1000 m
To
1016 m

Classification

Program
resource
Sample Type
drill
Group ID
BWDD-26-0003:1000-1016
Mining Method
open_pit

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-20T00:00:00.000Z

Reasoning: Trace copper intercept.

Evidence · text

“averaging 25.6 g/t Ag, 0.22% Cu and 0.41g/t Au over the 16 metres”
BWDD-26-0003Blackwater · goldGrade: 0.41Grade Unit: g/tIntercept: 16 mView all details
Link to this fact

Identity

Hole ID
BWDD-26-0003
Project
Blackwater
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
ARTG

Geometry

Grade
0.41
Grade Unit
g/t
Intercept
16 m
From
1000 m
To
1016 m

Classification

Program
resource
Sample Type
drill
Group ID
BWDD-26-0003:1000-1016
Mining Method
open_pit

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-20T00:00:00.000Z

Reasoning: Low grade gold intercept.

Evidence · text

“averaging 25.6 g/t Ag, 0.22% Cu and 0.41g/t Au over the 16 metres”

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.