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New Listing: Artemis Gold Inc. (TSXV:ARTG)

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The company’s current asset portfolio includes an approximately 39% strategic stake in Velocity Minerals Ltd., as well as the right to earn 100% of the GK Property, a copper gold porphyry and epithermal target located within northern British Columbia’s golden triangle.

Additional Information:

Company: Artemis Gold Inc.
Website: http://www.ArtemisGoldInc.com
Stock Symbol: CSE: ARTG
Date Published: Oct 4, 2019
Transcript: Available

Video Transcript:

I’m Erica James for Investmentpitch Media

Artemis Gold Inc. is one of the latest new listings on the TSX Venture Exchange, trading under the symbol “ARTG”, following its spin out from Atlantic Gold Corporation prior to Atlantic Gold being acquired by St Barbara Limited.

Steven Dean, Chairman and CEO, stated: "The listing of Artemis' common shares on the TSXV is a significant milestone for our company. We are excited about the potential of the Company and would like to thank our shareholders for their ongoing support."

The company’s current asset portfolio includes an approximately 39% strategic stake in Velocity Minerals Ltd., as well as the right to earn 100% of the GK Property, a copper gold
porphyry and epithermal target located within northern British Columbia’s golden triangle.

The GK Project is approximately 17 kilometers west of the community of Telegraph Creek, in northwestern British Columbia.

The 27,458 hectare Project comprises 36 contiguous mineral tenures within the Liard Mining Division.

Road access exists across the extreme southeastern area, but helicopter access, available in Dease Lake, an approximate 45 minute flight one way, is required to access the main showings on the property.

The first rush of exploration to the Telegraph Creek area in 1873 was initiated by the discovery of fine placer gold in the Stikine River.

In 1916, gold-copper mineralization was discovered on the south facing slope of the Winter Creek valley in the southern property area.

Since then, exploration programs have been carried out over various parts of the current GK Project by various operators.

Rock sampling has returned values of up to 47.5 grams per tonne gold, 15.9% copper, 120 grams per tonne silver and 0.21% cobalt.

The GK Project covers nine Minfile occurrences as documented by the British Columbia Geological
Survey, and an additional five occurrences were discovered by Strategic in 2013 and 2018.

In the east central area gold, copper and silver mineralization primarily occurs in veins, shears, fracture fillings and dykes.

The company is well funded, having completed a non-brokered private placement in August, raising gross proceeds of $32,641,566 from the sale of 36,268,407 units priced a $0.90 per unit.

Each unit consisted of 1 share and 1 warrant with the warrant exercisable at $1.08 for 60 months.

Artemis expects to use the net proceeds towards funding further exploration of its GK Project, to identify and finance further growth and development opportunities, as well as for general working capital.

Board and management hold approximately 45% of the 48.2 million shares outstanding.

The shares are trading at $1.10.

For more information, please visit the company’s website www.ArtemisGoldInc.com, contact Steven Dean, Chairman and CEO, at 604-558-1107.
I’m Erica James for Investmentpitch Media