Argonaut Gold Inc T.AR

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

Metals & Mining Gold

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.

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Argonaut Gold Inc > AISC's at Magino

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Comment by ARGONAUTGOLDon May 06, 2023 2:01pm

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Post# 35434713

RE:RE:AISC's at Magino

We'll see another potential cost over-run at Magino yet. I don't believe Argonaut Gold's team of incompetance will maintian budget. This will result in higher then expected AISC. Magino current AISC estimate is extremely conservative. Argonaut Gold is turning into a charity, they take investors money, and give away ounces at net loss of -$77 per ounce. I would be highly disturbed if I was investor holding from +$1.

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Victoria Gold: No cyanide detected downstream since mine incident