Artemis Provides Final Results of Grade Control Drilling of High-Grade Near Surface Mineralization

With all of the final assay results now completed and interpreted, the Program has significantly increased confidence in the elevated gold grades within the wide, near surface mineralization in the target area earmarked for the first year of operations at Blackwater.

The LeachWELLTM assay method was selected to increase the sample size from a more standard 50g to 1,000g sample, which reduces variability and increases repeatability of assay results.

Including the previously released results, the Program has also confirmed excellent continuity of mineralization, as illustrated in the sections provided in Figures 3-7.

Chain-of-custody procedures consisted of filling out sample submittal forms that were sent to the laboratory with sample shipments to make certain that all samples were received by the laboratory.

The Company randomly inserted blank and duplicate samples into the sample stream as part of the quality assurance and quality control reviewed the available Program data, and considers that the sample preparation, security, and analytical procedures are acceptable.

Klaus Popelka, P.

Important factors that may cause actual results to vary include without limitation, risks related to the ability of the Company to accomplish its plans and objectives with respect to the development of the Project within the expected timing or at all, the timing and receipt of certain required approvals, changes in commodity prices, changes in interest and currency exchange rates, risks inherent in exploration and development activities, changes in development or mining plans due to changes in logistical, technical or other factors, unanticipated operational difficulties that the COVID-19 pandemic and restrictions related thereto will not materially impact the Company or prevent the Company from operating its business as planned.

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