• Lycopodium awarded EPCM contract for Blackwater Phase 2
• Contract valued at approximately A$93 million
• EP2 will add 13 Mtpa of throughput capacity
• Lycopodium has been involved in earlier stages of EP2 development

Lycopodium Limited, a global leader in integrated engineering, project, construction, and asset management, has been awarded the Engineering, Procurement, and Construction Management (EPCM) contract for Artemis Gold's Expanded Phase 2 (EP2) Project at the Blackwater Mine in Canada. The EPCM contract is valued at approximately A$93 million. Blackwater is an open-pit gold and silver mine in central British Columbia, with commercial production starting in May 2025. EP2 will add 13 million tonnes per annum (Mtpa) of throughput capacity, increasing the mine's total capacity to 21 Mtpa. Lycopodium has been involved in the earlier stages of EP2 development and has provided EPCM services for Phase 1A.

Lycopodium awarded EPCM contract for Blackwater Phase 2, valued at A$93 million.

Lycopodium anticipates continued involvement in the Blackwater Mine's expansion, representing a material domestic project for their Canadian-based business.