Artemis Gold (TSE:ARTG) has released an update.
Artemis Gold Inc. announced significant progress in the construction of the Blackwater Mine, which is over 95% complete and fully funded, with an expected first gold pour in late Q4 2024. Despite two wildfire events causing delays and added costs, the company has adjusted its initial capital forecast to $780 million to $800 million, securing additional stand-by debt funding to ensure financial stability.
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