Which 1983 sword-and-sorcery film, a cult classic known for its fantasy adventure and B-movie charm, follows a warrior on a quest to defeat an evil sorcerer and claim a magical artifact?

The film being referred to is indeed "Deathstalker," released in 1983. It perfectly fits the description as a sword-and-sorcery cult classic. The movie follows the titular warrior, Deathstalker, on a quest initiated by a witch to gather three magical artifacts: a sword, an amulet, and a chalice. Two of these powerful items are already in the possession of the evil sorcerer Munkar, who has usurped the kingdom's rightful ruler. Deathstalker's journey involves him participating in a tournament hosted by Munkar, which is a deceptive ploy to eliminate potential threats to his rule.

Produced by Roger Corman, "Deathstalker" was one of many low-budget fantasy films made in the wake of "Conan the Barbarian's" success. Filmed in Argentina, it embodies the "B-movie charm" with its imaginative creatures, often low-budget practical effects, and over-the-top action. The film is known for its blend of fantasy adventure, humor, and a certain level of exploitation, which has contributed to its enduring cult status among fans of the genre.

While the original 1983 film embraced its campy nature, a new reboot is slated for release in 2025, with a focus on practical effects and a more intentional lean into the genre's inherent absurdity, aiming to capture the spirit of the original while offering a fresh take. This continued interest highlights the lasting impact of the original "Deathstalker" as a memorable piece of 1980s fantasy cinema.