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 [...]
Argonaut Gold Inc. announces its operating and financial results for the second quarter ended June 30, 2020. The Company reports quarterly production of 31,531 gold equivalent ounces[1] , $23.4 million of free cash flow[2] , cash flow from operating activities before changes in operating working capital of $11.8 million, net loss of $7.7 million or loss [...]
Argonaut Gold is pleased to announce drill results from Phase Two of its drill campaign specifically targeting high-grade mineralization below the proposed pit at its 100% owned Magino property in Ontario, including 6.0 m at 8.31 g/t Au, 1.0 m of 48.50 g/t Au and 2.0 metres at 25.88 g/t Au. The Phase Two program has focused on tightening drill [...]
Argonaut Gold Inc. is pleased to announce that it has closed its previously announced "bought deal" public offering of 49,608,700 common shares of the Company at a price of C$2.55 per Common Share for aggregate gross proceeds of C$126,502,185 . The Common Shares were offered and sold through a syndicate of underwriters led by BMO Capital Markets [...]
Argonaut Gold Inc. plans to release its second quarter 2020 operating results, financial statements and the related management's discussion and analysis after market close on August 11, 2020. The Company will host a conference call and webcast to discuss its second quarter operating and financial results at 9:00 am EDT on August 12, 2020. Argonaut [...]
Argonaut Gold Inc. confirms the filing of the Technical Report in relation to its Florida Canyon mine in Nevada, USA, pursuant to National Instrument 43-101 of the Canadian Securities Administrators. For further information on the Florida Canyon mine, please see the Technical Report titled “ Technical Report Mineral Resource and Mineral Reserve [...]
Argonaut Gold Inc. has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy on bought deal basis 43,138,000 common shares , at a price of C$2.55 per Common Share for gross proceeds of approximately C$110 million . The Company has granted [...]
Argonaut Gold Inc. is pleased to provide updated 2020 guidance following the temporary suspension of guidance due to uncertainties surrounding the COVID-19 pandemic, including Florida Canyon following the merger with the Alio Gold Inc. on July 1, 2020. The Company expects to produce between 210,000 and 230,000 gold equivalent ounces1 , which is [...]
Argonaut Gold Inc. is pleased to announce the results of an updated life of mine plan for the Florida Canyon mine in Nevada, USA, which is now 100% owned by Argonaut following the closing of the merger with Alio Gold Inc. on July 1, 2020. A National Instrument 43-101 technical report will be filed within 45 days. All amounts are US dollars unless [...]
Argonaut Gold Inc. and Alio Gold Inc. have completed the business combination to create a North American, diversified precious metals producing company with a strong portfolio of growth assets. Pete Dougherty, President and CEO of Argonaut Gold, stated: "By combining Argonaut with Alio, we have created a diversified, intermediate gold producer with [...]
UrbanGold Minerals Inc. and Argonaut Gold Inc. are pleased to report they have entered into a formal joint venture for the Bullseye property located approximately 17 km south of the former producing Troilus Gold-Copper mine and 100 kms north of Chibougamau, Quebec. On September 13th, 2019, UrbanGold had announced the signing of an option agreement [...]
