Artemis Gold Inc. reported an unplanned production outage at its Blackwater Mine due to the failure of a ball mill gearbox that occurred on March 11, 2026. The company has a suitable replacement spare gearbox available. The current estimated time to complete repairs and restart mill operations is between 8 and 10 days.

Plans are currently underway to make use of this interruption in milling operations to carry out various maintenance activities that were originally planned for early Second Quarter 2026. Mining related activities are continuing normally. Production in First Quarter 2026 is expected to be lower than originally anticipated as a result of this mill outage.