Mr. Steven Dean reports

ARTEMIS GOLD ANNOUNCES RECEIPT OF FISHERIES ACT AUTHORIZATION

Artemis Gold Inc. has received Fisheries Act authorization for development of the Blackwater mine. 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 chief executive officer of Artemis, said: "This represents yet another important milestone in the construction of Blackwater, which will be one of [British Columbia]'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 [second half] 2024."

About Artemis Gold Inc.

Artemis 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 160 kilometres southwest of Prince George and 450 kilometres 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 the Blackwater mine is expected in second half 2024, and the mine is expected to be in production for a minimum of 22 years. Artemis trades on the TSX Venture Exchange under the symbol ARTG.

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.

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