Argo Gold would like to issue a correction from source to the news release disseminated on December 1, 2017 at 6:00 a.m. The terms of the Letter Agreement listed in the second paragraph were incorrectly listed. Payments will be made to the Company and not the Purchaser. The correct version is as follows: Argo Gold has entered into a letter agreement with an arm's length purchaser pursuant to which Argo Gold has agreed to [...]
Argo Gold has entered into a letter agreement with an arm's length purchaser pursuant to which Argo Gold has agreed to sell its 100% interest in 16 unpatented mining claims comprising its Rockstar Property located in the Sault Ste. Marie Mining Division for aggregate proceeds of CDN$700,000. Pursuant to the terms of the Letter Agreement the Company has agreed to sell its Rockstar Property, in exchange for:
Argo Gold recently carried out field exploration at its 100% owned Northgate Gold Project located 50 kilometres east of Red Lake, Ontario. The property is immediately adjacent to Argo Gold’s Woco Gold Project reported on in an Argo Gold press release of October 17, 2017. The Northgate Gold Project fieldwork consisted of locating the old trench system, tying the trenches into the current UTM fabric, as well as geological [...]
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