Argonaut Gold Inc
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Argonaut Gold’s sale of Ana Paula project falls through
Argonaut Gold (TSX: AR) has reported that the sale of its Ana Paula gold project in Mexico, approximately 180 km south of Mexico City, has fallen through as the purchasing company, AP Mining, could not fulfill its financial and certain regulatory…
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Argonaut completes $10M placement with Magino contractor Ausenco
As construction work advances at its Magino project in Ontario, Argonaut Gold (TSX: AR) has completed a $10-million private placement with Ausenco Engineering, its engineering, procurement, construction and commissioning (EPC) contractor. The miner has issued the Australia-based engineering and construction…
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Argonaut raising $23M for Magino in flow-through bought deal
Argonaut Gold has announced a $23-million bought-deal financing of flow-through shares. The gold miner has entered into an agreement with a syndicate led by Cormark, with the underwriters agreeing to purchase 8.2 milion common shares on a bought-deal basis –…
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Argonaut closes out ‘spectacular’ year with record quarter
In the last quarter of 2020, Argonaut Gold posted record gold production of 56,986 gold-equivalent oz., which is a 16% increase over the 48,951 gold-equivalent oz. produced in the third quarter. The fourth-quarter gold output brings the company’s 2020 gold-equivalent…
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Argonaut executes fixed bid contract for Magino gold project
Argonaut Gold has executed a fixed bid engineering, procurement, construction and commissioning contract (EPC contract) with Ausenco, an engineering and construction management company. The EPC contract covers construction of the Magino processing facility and other parts of the Magino open-pit…
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Argonaut Gold looks to level up
Junior believes Magino project in Ontario has Tier 1 potential.
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Argonaut discovers four high-grade zones outside planned Magino pit
Argonaut Gold has discovered four new, high-grade gold zones at its past-producing Magino gold project in Ontario. These four zones – Scotland, #42, Sandy and South – are either below or adjacent to the planned Magino pit boundaries and lie…
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Argonaut’s Magino gold project gets the go-ahead
The board of directors of Argonaut Gold has approved construction of the company’s wholly owned Magino gold project in Ontario, 40 km northeast of Wawa. With a two-year construction period anticipated for Magino starting in January 2021, Argonaut expects a…
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Maverix to acquire preproduction gold royalty portfolio from Newmont
Gold-focused royalty and streaming company Maverix Metals has entered into a binding agreement with Newmont to acquire a portfolio of 11 gold royalties on preproduction assets in the Americas. In exchange for the portfolio, Maverix will issue 12 million common…
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Magino drill results suggest connection between Elbow and Central zones
Drill results from the Central zone at Argonaut Gold’s 100%-held past-producing Magino gold project in Ontario hit high-grade gold intervals, which suggest potential for a connection with the Elbow zone to the west. The company’s most recent release includes assays…
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Argonaut drills high-grade gold at Magino
Argonaut Gold (TSX: AR) has reported high-grade intercepts from its phase two drill program at the company’s wholly-owned Magino gold project in Ontario, 14 km southeast of Dubreuilville. The phase two drill program targeted high-grade mineralization identified during the phase one…
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GOLD: Argonaut advances Magino permitting
ONTARIO – Argonaut Gold has completed a key permitting milestone for its Magino project, which included consultation with Indigenous communities and members of the public. According to the company, the completed Schedule 2 amendment of the Metal and Diamond Mining Effluent…
