Mr. Steven Dean reports

ARTEMIS GOLD REPORTS POST-COMMERCIAL PRODUCTION OPERATING RESULTS; IN LINE WITH GUIDANCE

Artemis Gold Inc. has released production results for the two months ending June 30, 2025 (the postcommercial-production period) for the Blackwater mine in central British Columbia.

Commercial production was declared on May 1, 2025, approximately three months following the first gold pour in late January, 2025.

Up to the end of April, 2025, Blackwater produced 28,519 ounces of gold.

During the postcommercial production period, Blackwater produced 34,824 ounces of gold in total for the two months of May and June, consistent with guidance. On a year-to-date basis at the end of June, 2025, Blackwater produced 63,343 ounces of gold.

Artemis Gold chief executive officer Dale Andres commented: "Achieving commercial production in Q2 marked a major milestone in the development of Blackwater following the first pour of gold in Q1. We have further ramped up operations and are now producing at a steady state, with the mill operating above design capacity in the month of June. Importantly, we have achieved this with over five million hours worked without a lost-time incident.

"Gold production is expected to be weighted to the second half of the year as we continue to optimize mill performance, together with higher feed grades, and we continue to be well positioned to achieve full-year production guidance of 190,000 to 230,000 ounces of gold."

Q2 2025 conference call and webcast

Artemis Gold will announce Q2 2025 financial and operating results on Tuesday, Aug. 12, 2025, after the close of markets. A conference call and webcast will follow on Wednesday, Aug. 13, 2025, at 8 a.m. PDT (11 a.m. EDT).

Conference call

Toll-free in Canada and the United States:  1-833-752-3746

International:  1-647-846-8723

The webcast will be available for replay on the company's website until Nov. 13, 2026.

About Artemis Gold Inc.

Artemis Gold is a well-financed, growth-oriented gold and silver producer and 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 the Blackwater mine in central British Columbia, located approximately 160 kilometres southwest of Prince George and 450 kilometres northeast of Vancouver. The first gold and silver pour at Blackwater was achieved in January, 2025, and commercial production was declared on May 1, 2025. Artemis Gold trades on the TSX Venture Exchange under the symbol ARTG and on the OTCQX under the symbol ARGTF.

Qualified person

Artemis Gold president Jeremy Langford, FAUSIMM, a qualified person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical information in this press release.

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