In accordance with the prefeasibility, Blackwater might be a phased improvement with a 23-year reserve. The deliberate over pit confirmed and possible reserves are 334.0 million tonnes grading 0.75 g/t gold and three.8 g/t silver. In reserves alone the undertaking incorporates 8.0 million oz. of gold.
Assets (together with reserves) at a 0.20 g/t gold cut-off are 596.8 million measured and indicated tonnes grading 0.62 g/t gold, containing 11.7 million oz. The inferred portion is 16.9 million tonnes at 0.45 g/t gold, containing 7.0 million oz.
The feasibility examine and up to date useful resource estimate is due by the tip of June 2021. In the meantime, Artemis continues with allowing actions, engagement with Indigenous communities, engineering and undertaking financing.
(This text first appeared within the Canadian Mining Journal)