Artemis Gold receives initial $35.2M deposit under silver stream agreement with Wheaton
(Kitco News) - Artemis Gold (TSX-V: ARTG) said today it has received its first $35.2 million deposit under the silver stream agreement concluded on December 13, 2021 with Wheaton Precious Metals.
According to a company press release, the initial deposit forms part of the $140.8 million that Wheaton has committed to fund toward construction of the Blackwater gold mine.
Importantly, Artemis Gold noted that construction activities at Blackwater are underway and progressing in accordance with the company’s project development plan.