BC Mines Act Permit Referred For Decision

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Vancouver, British Columbia, February 27, 2023 – Artemis Gold Inc. (TSX-V: ARTG) (“Artemis” or the “Company”) is pleased to announce that the BC Mines Act permit for its Blackwater Project (“Blackwater”) has been referred to the BC Ministry of Energy, Mines and Low Carbon Innovation Statutory Decision Maker for decision. The referral for decision marks the end of the permit’s review phase and is the last procedural step prior to a decision.

“With completion of this important step, the BC Mines Act Permit remains on track for decision in Q1 2023 as previously disclosed,” said Steven Dean, Chairman and CEO for Artemis Gold Inc. “This is the last major permit required for the start of major construction activities at Blackwater later in Q1 2023.”

Further updates will be provided in due course.

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.

On behalf of the Board of Directors,
ARTEMIS GOLD INC.

On behalf of the Board of Directors
Steven Dean
Chairman and Chief Executive Officer

For further information

Investor Relations contact:
Nicholas Campbell
VP Capital Markets
+1 (604) 558-1107

Media relations contact:
media@artemisgoldinc.com

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