Artemis drilling raises confidence in high-grade starter pit at Blackwater gold project
The mining camp at Artemis Gold s Blackwater project in central British Columbia. Credit: Artemis Gold.
Posted By: Alisha Hiyate
May 4, 2021
Grade control drilling at
Artemis Gold‘s (TSXV: ARTG) Blackwater project in central B.C. has confirmed that the starter pit outlined in a 2020 prefeasibility study contains wide, near-surface intervals of elevated gold grades.
Highlights of the reverse-circulation drill program include: 27 metres of 12.5 grams gold per tonne starting at 24 metres depth; 33 metres of 10.4 grams gold per tonne starting at 33 metres; and 21 metres of 12.4 grams gold per tonne starting at 18 metres.
Grade control drilling at
Artemis Gold‘s (TSXV: ARTG) Blackwater project in central B.C. has confirmed that the starter pit outlined in a 2020 prefeasibility study contains wide, near-surface intervals of elevated gold grades.
Highlights of the reverse-circulation drill program include: 27 metres of 12.5 g/t gold starting at 24 metres depth; 33 metres of 10.4 g/t gold starting at 33 metres; and 21 metres of 12.4 g/t gold starting at 18 metres.
The 561-hole, 33,216-metre program brought drill density down to 12.5 by 12.5 metres spacing (from 50-metre centres previously) and was focused on early stage mine planning.
“These initial results from the grade control drilling program indicate the potential for more tonnage and more contained ounces within the high-grade starter zone, which could also potentially reduce the strip ratio at the beginning of the mine life,” said Artemis chairman and CEO Steven Dean in a release.
Artemis Appoints Elise Rees to Board of Directors
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Artemis or, the
Company ) is pleased to announce the appointment of Elise Rees to the Company s board of directors.
Ms. Rees is an experienced director, having served on the boards of a number of profit and not-for profit organizations, including as board chair, treasurer, and audit and finance committee chair. She currently sits on the boards of Enmax Corporation and Great Panther Mining, where she chairs the audit committee.
Ms. Rees retired from Ernst & Young LLP in June 2016 after a 35-year career in professional accountancy. She spent eighteen years as a partner with Ernst & Young, LLP with the last 14 years of her tenure focused on acquisitions, mergers and corporate reorganizations. She has a breadth of experience in a large variety of industries with specific focus on mining, infrastructure, transportation, technology, real estate, retail and distribution.
Artemis Engages the Terron Group in Support of ESG Commitment
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Artemis or the Terron ) to provide integrated Environmental Social Governance (
ESG ) services and management training to Artemis in support of the Blackwater Gold Project (
Blackwater or the
Project ) in Central British Columbia. Terron s support services are targeted to help Artemis advance Blackwater in adherence with the Equator Principles (
EP ) and International Finance Corporation (
IFC ) performance standards and to develop and align the Company s ESG practices and protocols in accordance with such standards.
Steven Dean, Chairman and CEO commented We are very happy to be working with The Terron Group to help provide essential support to develop the Company s ESG practices and protocols as we grow the Company and advance Blackwater to production.
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