Argonaut Gold Inc. is pleased to announce that it has intersected 10.0m at 19.0 g/t Au, including 6.3m at 30.2 g/t Au and 3.1m at 47.1 g/t Au, including 1.3m at 112.0 g/t Au in the South Zone at its 100% owned Magino property in Ontario, Canada. The South Zone has now been intersected in numerous drill holes extending from the border between the [...]
Argonaut Gold Inc. is pleased to announce record quarterly production of 56,986 gold equivalent ounces 1, representing a 16% increase over the previous quarter and a 20% increase over the same period the previous year. Argonaut produced 203,483 GEOs in 2020 and had a cash balance of approximately $214 million at December 31, 2020. The table below [...]
Argonaut Gold Inc. is pleased to announce that it has executed a fixed bid engineering, procurement, construction and commissioning contract with Ausenco Engineering Canada Inc. , a leading engineering and construction management company, for the construction of the Magino processing facility and other parts of the Magino construction project. The [...]
Scotland Zone Returns 7.0 Metres at 14.0 g/t Gold; #42 Zone Returns 8.0 Metres at 9.3 g/t Gold; Sandy Zone Returns 9.0 Metres at 5.4 g/t and South Zone Returns 7.0m at 4.2 g/t Gold Argonaut Gold Inc. is pleased to announce that it has discovered four new, high-grade zones below or adjacent to the planned open pit at its 100% owned Magino property [...]
Argonaut Gold Inc. announces its operating and financial results for the third quarter ended September 30, 2020. The Company reports quarterly production of 48,951 gold equivalent ounces1 , cash flow from operating activities before changes in operating working capital of $29.0 million, net income of $13.4 million or earnings per share of $0.05 [...]
Argonaut Gold Inc. is pleased to announce that it has closed its previously announced "bought deal" offering of US$57.5 million of 4.625% senior unsecured convertible debentures of the Company at a price of US$1,000 per Debenture . The Debentures were offered and sold through BMO Capital Markets and Scotiabank and are now listed on the Toronto [...]
Argonaut Gold Inc. plans to release its third quarter 2020 operating results, financial statements and the related management's discussion and analysis after market close on November 5, 2020. The Company will host a conference call and webcast to discuss its third quarter operating and financial results at 9:00 am EST on November 6, 2020. Argonaut [...]
Argonaut Gold Inc. is pleased to announce that the Board of Directors has approved the construction of the Company’s 100%-owned Magino gold project in Ontario. Argonaut is also pleased to announce it has received a fixed bid pricing proposal for a significant portion of the initial capital requirement for the Magino project and that it has secured [...]
Trading Symbol: TSX: AR Argonaut Gold Inc. is pleased to announce that it has closed its previously announced "bought deal" private placement of an aggregate of 3,002,650 common shares in the capital of the Company that will qualify as "flow-through shares" of the Income Tax Act ) at a price of C$3.83 per Flow-Through Share for aggregate gross [...]
Trading Symbol: TSX: AR Argonaut Gold Inc. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp. in connection with a "bought deal" private placement financing of an aggregate of 2,611,000 common shares of the Company that will qualify as "flow-through shares" of the Income Tax [...]
Argonaut Gold is pleased to announce drill results from its ongoing drill campaign targeting high-grade mineralization below the proposed open pit mine at its 100% owned Magino property in Ontario. Highlights include: MA20-043 with 9.0m at 13.4 g/t Au, including 2.0m at 55.6 g/t Au MA20-044 with 3.0m at 46.8 g/t Au, including 1.0m at 140.0 g/t Au [...]
Argonaut Gold Inc. is pleased to announce it has entered into a definitive agreement for the sale of its Ana Paula gold development project located in the Guerrero Gold belt of Mexico . Total consideration to Argonaut includes: US$30 million on closing; C$10 million upon the announcement of commencement of construction; A 1% net smelter returns [...]