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Argonaut Gold Inc T.AR

Alternate Symbol(s):  ARNGF | T.AR.DB.U

Argonaut Gold Inc. is a gold producer with a portfolio of operations in North America. The Company’s operating mines include Florida Canyon, Magino, La Colorada and San Agustin. The Florida Canyon Gold Mine area is situated in northwestern Nevada within the Basin and Range physiographic province. The Magino mine property is a past producing underground gold mine located 40 kilometers (km) northeast of Wawa, Ontario, approximately 14 kilometers southeast of the town of Dubreuilville. The property consists of seven patented mining claims, four leased mining claims and 69 unpatented mining claims totaling 2,204.495 hectares. The past producing La Colorada gold-silver mine property is located approximately 40 km southeast of Hermosillo, Sonora State, Mexico. The San Agustin property consists of four mineral claims totaling 1,065 ha and is located in the northern San Lucas de Ocampo Mining District.


TSX:AR - Post by User

Post by JusthowiseeiTon Feb 08, 2023 1:09am
481 Views
Post# 35273600

Work being done presently

Work being done presently So I'm from Ontario, my friend is an ironworker who has spent the last 3 or 4 months in a ironworker camp working on developing the Canadian mine.
He tells me that they have about 60 workers (maybe more, because of the distance from camp to mine site and shifts, and I think he said two weeks working on building the mine and two weeks off to see family or whatever) the ironworker contract is on a high penalty build. Meaning that they are given timelines to hurry up and get thier part of getting the mine ready. If they (the ironworkes don't meet timelines, that there are huge penalties. His contract ends in September.
But what I find interesting is he said part of his crew is building the smelter and the "Safe" to store the smeltered gold in. He says that the safe is huge.
What my takeaway is that they ( argonaut) is enthusiasticly building the mine, smelter , crushers and the SAFE. 
This is info that usually doesn't get published,,,or at least I could not find any info on,, except for the fact I have a friend who is actually onsite getting paid great money to get a big part of the infrastructure done by September.
My knowledge of mines is by no means educated but I'm personally trying to figure out what stocks to sell in order to buy as much as I can before August.
I'm just passing on info that I was told about. By no stretch of imagination am I a mining expert.
But I love the fact that a smelter and safe are presently being built.
Good luck to everyone 
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