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Argonaut Gold Inc T.AR

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

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

Comment by psych01on Apr 19, 2024 10:15am
95 Views
Post# 35997897

RE:RE:RE:RE:Should Be Interesting to Read

RE:RE:RE:RE:Should Be Interesting to ReadM.  I wouldn't entirely dismiss possibility of a Barrick bid;  Magino doesn't quite make the Tier 1 grade according to Bristow's guidelines but Barrick's Hemlo down the road isn't going to last forever and Magino might be suitable for them in a couple of years under their management.
     In a statement last year, Bristow clearly defined what he views as tier-1 credentials: 10+ million ounces of gold in resources. 10+ year mine life. Minimum annual production of 500,000 ounces. Bottom quartile of cost curve.    IMO
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