# Artemis Gold Reports Record Financial and Operating Results for Q2 2026

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/artemis-gold-reports-record-financial-and-operating-results-for-q2-2026--782bff94-1a05-4582-aae0-68665e6c2298

Original source: https://money.tmx.com/en/quote/ARTG/news/7689026450477044/artemis-gold-reports-record-financial-and-operating-results-for-q2-2026

Publisher: tmx

Original announcement: 2026-08-06T10:45:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Artemis Gold Inc.

- Ticker: ARTG

- Exchange: TSX

- Region: British Columbia

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Production, Metallurgy, Economic study, Other

- Extracted: 2026-09-17 10:36:59 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Artemis Gold reported record financial and operating results for Q2 2026, including record quarterly gold production of 74,063 ounces, record gold grade of 1.86 g/t, and record gold recoveries of 92.2%. The company achieved strong cash flows and adjusted EBITDA, while managing higher all-in sustaining costs compared to the prior year. Significant capital expenditures are underway for the Phase 1A and EP2 expansion projects at the Blackwater Mine, which are progressing on schedule and budget to increase throughput capacity.

Reasoning: The company reported record Q2 2026 operating results, including gold production, grade, and recoveries, alongside strong financial performance and significant progress on its Blackwater Mine expansion projects.

- Positive factor: record production

- Positive factor: record grades

- Positive factor: record recoveries

- Positive factor: strong cash flow

- Positive factor: strong margins

- Positive factor: higher realized gold prices

- Positive factor: progress on expansion projects \(Phase 1A and EP2\) on schedule and budget

- Positive factor: low capital intensity for Phase 1A

- Positive factor: significant future capacity expansion

- Positive factor: active exploration program

- Negative factor: higher AISC and cash costs compared to prior period

- Negative factor: increased strip ratio

- Negative factor: decreased AISC margin percentage

Facts used in scoring: 47

## Classification and evidence

No classification tags are available.

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Metallurgical Results (2)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/artemis-gold-reports-record-financial-and-operating-results-for-q2-2026--782bff94-1a05-4582-aae0-68665e6c2298#fact-metallurgical-facts-26)

Blackwater Mine · gold

#### Identity

- Project: Blackwater Mine
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: ARTG

#### Test Work

- Processing Route: mill\_cil

#### Recovery

- Recovery: 92.2 %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: Achieved record gold recoveries of 92.2% in the mill, up from 84.0% in Q2 2025, due to process optimization and improved ore characteristics.

- Positive factor: record quarterly recoveries

- Positive factor: process optimization

- Positive factor: improved ore characteristics

Evidence · table

> 92.2 %

Context: Gold recoveries

### Fact 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/artemis-gold-reports-record-financial-and-operating-results-for-q2-2026--782bff94-1a05-4582-aae0-68665e6c2298#fact-metallurgical-facts-27)

Blackwater Mine · gold

#### Identity

- Project: Blackwater Mine
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: ARTG

#### Test Work

- Processing Route: mill\_cil

#### Recovery

- Recovery: 91.5 %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: Achieved high gold recoveries of 91.5% year-to-date.

- Positive factor: high gold recoveries year-to-date

Evidence · table

> 91.5 %

Context: Gold recoveries

## 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.