QUEBEC – Explorer UrbanGold has released the results of the three maiden holes completed at the Cressida block, which is part of the company’s Troilus holdings. The drill highlights include: 22 metres of 1.02 g/t gold; 17.6 metres of 0.9…
MEXICO – Argonaut Gold has released the results of a prefeasibility study (PFS) on its Cerro del Gallo project in Guanajuato. The study outlines an open pit heap-leach mine producing an average of 64,000 oz. of gold annually with additional…
TORONTO – Argonaut Gold has released exploration results for its Magino gold exploration project in Ontario and provided an update on permitting the San Antonio project in Mexico. At Magino, drilling targeting mineralization below and adjacent to the current open…
QUEBEC – UrbanGold Minerals and Argonaut Gold signed an option agreement according to which UrbanGold can earn a 50% interest in Argonaut’s claims and vice versa, and the miners commit to combining their properties to form the Bullseye project. The…
After a challenging second quarter at its El Castillo complex in Mexico, Argonaut Gold (TSX: AR) will hedge a portion of the operation’s remaining life-of-mine production. The company told shareholders late last month that it had entered into a series of “zer0-cost…
Gold dominates CMJ’s list of advanced development projects
ONTARIO – Canada’s federal government has approved the environmental assessment of Argonaut Gold ’s Magino gold project in Ontario. The open pit project must still receive provincial government approval for the EA and other key authorizations including a construction permit and mine…
The new crop of low capex gold projects in Ontario
Toronto – Argonaut Gold Inc. is pleased to announce it has closed the previously announced acquisition of the Cerro del Gallo through the purchase of all of the issued and outstanding shares of San Anton Resource Corporation, a subsidiary of Primero…
ONTARIO – Toronto-based Argonaut Gold says the feasibility study for its 100% owned Magino gold project with total production of nearly 2 million oz. of gold looks promising. The project is located 40 km northeast of Wawa. The study examines…
MEXICO – Toronto-based Argonaut Gold has declared commercial production at its San Agustin gold-silver mine in Durango. The project came in on time and 20% below the initial capital budget estimate of $42.6 million (all U.S. dollars). President and CEO…
MEXICO – Toronto-based Argonaut Gold has poured the first gold from its San Agustin project in Durango. The feat comes only 10 months after breaking ground on the project. Pete Dougherty, president & CEO said, “Also of great importance to…