Northern B.C. gold mine gets provincial approval after 7 years of consideration
Construction is expected to start during the first quarter of 2023 with the first gold anticipated to be poured in the second quarter of 2024.
B.C. had signed an economic and community development agreement with the Lhoosk’uz Dené and Ulkatcho First Nations in 2020 to share mineral tax revenue. The project will draw hydro-electrical power from BC Hydro and Artemis Gold has invested in a fully electrified process plant with all diesel and propane components replaced with electric equipment. Artemis Gold has also signed an agreement with Caterpillar, which could see the replacement of the company’s diesel-fueled haul fleet with a zero-exhaust-emission fleet by 2029.
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