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Antero Resources Corp T.AR


Primary Symbol: AR

Antero Resources Corporation is an independent natural gas and natural gas liquids (NGLs) company. The Company is engaged in the acquisition, development and production of unconventional properties located in the Appalachian Basin in West Virginia and Ohio. The Company targets large, repeatable resource plays where horizontal drilling and advanced fracture stimulation technologies provide the means to economically develop and produce natural gas, NGLs and oil from unconventional formations. The Company operates through three segments: the exploration, development, and production of natural gas, NGLs and oil; marketing of excess firm transportation capacity; and midstream services through its equity method investment in Antero Midstream Corporation (Antero Midstream). The Company holds approximately 515,000 net acres of natural gas, NGLs and oil properties located in the Appalachian Basin, primarily in West Virginia and Ohio.


NYSE:AR - Post by User

Bullboard Posts
Post by challenger426on Jun 29, 2018 8:44am
275 Views
Post# 28249926

Great News for Argonaut Gold!

Great News for Argonaut Gold!
Argonaut Gold Announces the Collegiate Tribunal Has Ruled to Reinstate the Explosives Permit at the La Colorada Mine
29 Jun 2018 06:00 ET  

CNW Group

Argonaut Gold Inc. (TSX: AR) (the "Company", "Argonaut Gold" or "Argonaut") is pleased to announce that the Collegiate Tribunal (an arm of the State Supreme court that is tasked with overseeing the Judiciary court) has unanimously ruled to lift the suspension of the explosives permit at the La Colorada mine (see press releases dated April 12, 2018, April 17, 2018, April 27, 2018, May 17, 2018 and June 5, 2018). The ruling directs that the Secretary of National Defense ("SEDENA") reinstate the explosives permit.

SEDENA was immediately informed of the ruling and it is expected that SEDENA will reinstate the explosives permit imminently. Once SEDENA officially reinstates the explosive permit, the Company will be able to resume blasting operations. It is anticipated that ramp up of full operations will be re-established by approximately mid-July.

With this successful appeal, the Company will now have the ability to continue full operations during the balance of the Judiciary legal process. The Company is encouraged by the Collegiate Tribunal's ruling and continues to believe the legal action brought against SEDENA and the Municipality of La Colorada is without merit.

During the suspension, the Company continued to operate at the budgeted production rate of 12,000 tonnes per day with free-dig material in the pit and low-grade ore stockpiles.

Bullboard Posts