Boreas, thanks for the heads up on cEO.ca, I'll give it a trnow, if you go back to Steven Dean's interviews on Kitco, he mentioned about Phase One and Phase Two of the mine. Of course, Phase One is making the first pourt but there after, in Phase Two, he did say that they are looking to expand their resource base to look to add more longevity to the mine life!
v.IGO is located only 16 kms away and has 5X the quality of Artemis'. Now, keep in mind that IGO's ceo Randy Turner was the one who got New Gold interested in the Blackwater property when it was originally owned by Richfield Ventures. And as you know, New Gold bought the property then later sold it to Artemis.
Steven Dean knows Randy Turner and they both know what each other has!!
To add, NEWMONT owns ARTG shares as you know AND they also own some IGO shares as well!!