Argonaut Gold and Alio Gold are pleased to announce that they have entered into a definitive agreement for an at-market merger whereby Argonaut will acquire all of the issued and outstanding shares of Alio. Under the terms of the Arrangement Agreement, all of the Alio issued and outstanding common shares will be exchanged on the basis of 0.67 of an [...]
Argonaut Gold Inc. has implemented protocols to minimize the risks of COVID-19 virus, both to employees and the business. To date, the Company has no known or suspected cases of COVID-19 infection at any of its sites, or at its corporate or regional offices. At each site, Argonaut is following government health protocols, has implemented additional [...]
Argonaut Gold Inc. is pleased to announce further drill results from the on-going, 20,000-metre exploration program at its 100% owned Magino property in Ontario, Canada. The drilling campaign continues to intersect high-grade gold mineralization below and adjacent to the current open pit mineral reserves, which are the basis for the Company's [...]
Argonaut Gold Inc. announces its financial and operating results for the fourth quarter and year ended December 31, 2019. The Company reports fourth quarter 2019 adjusted net income1 of $2.7 million or adjusted earnings per basic share1 of $0.01 and an unadjusted net loss of $107.5 million or loss per share of $0.60, derived from the sale of 48,843 [...]
Argonaut Gold Inc. confirms the filing of the Technical Report for the Pre-Feasibility Study in relation to its Cerro del Gallo project in Guanajuato, Mexico, pursuant to National Instrument 43-101 of the Canadian Securities Administrators. For further information on the Cerro del Gallo project, please see the Technical Report titled [...]
Announces Release Date for Fourth Quarter and Year End 2019 Operational and Financial Results, Timing of 2020 Guidance and Provides Development Project Updates Argonaut Gold Inc. announces record annual gold equivalent ounce1 production of 186,615 during 2019 and fourth quarter 2019 GEO production of 47,521. During the fourth quarter, production [...]
15.5 Year Mine Life to Average Approximately 80k Gold Equivalent Ounces1 of Production Per Annum Argonaut Gold Inc. is pleased to announce the results of a pre-feasibility study for its 100% owned Cerro del Gallo project located 30 kilometres east of Guanajuato City, Guanajuato, Mexico. The National Instrument 43-101 Technical Report will be [...]
Argonaut Gold Inc. is pleased to announce further drill results from the on-going, 20,000-metre exploration program at its 100% owned Magino property in Ontario, Canada. The current drilling campaign is targeting high-grade gold mineralization below and adjacent to the current open pit Mineral Resource at depth. To date, the Company has completed [...]
Argonaut Gold Inc. announces that the Mexican Environmental Authority issued a ruling to not approve the updated Environmental Impact Assessment for the San Antonio project in Baja California Sur, Mexico. The primary reason SEMARNAT cites for not approving the MIA is non-compatible zoning based on a revised, 2018 zoning plan filed by the [...]
Argonaut Gold Inc. announces its operating and financial results for the third quarter ended September 30, 2019. The Company reports quarterly production of 44,712 gold equivalent ounces1 , cash flow from operating activities before changes in operating working capital of $17.2 million, net income of $4.9 million or earnings per share of $0.03 [...]
Argonaut Gold Inc. is pleased to announce that the previously announced illegal blockade at the El Castillo mine has been lifted and operations at the mine have resumed. The Company has reached a tentative agreement with the Atotonilco ejido that is scheduled to be voted on by the Atotonilco ejido on November 11, 2019. As part of the agreement [...]
Argonaut Gold Inc. announces that the El Castillo mine is subject to an illegal blockade. At this time, leaching and gold absorption operations are continuing and metal production has not been impacted. The Company has a legal and binding agreement in place with Atotonilco ejido that was signed and recognized by both the Atotonilco ejido and the [...]
