Argo Gold has entered into a mining claim acquisition agreement with Premier Gold Mines pursuant to which Argo Gold can acquire a 100% interest in certain mineral claims adjacent to Argo Gold's 100%-owned Woco Gold Project located in Earngey Township, which is approximately 90 kilometres east of Red Lake, Ontario and 1.5 kilometres south of the past-producing Uchi Gold Mine. In exchange for these mineral claims, Premier [...]
Argo Gold is pleased to announce that Betty Soares has been appointed as CFO of the Company. Ms. Soares has over 15 years' experience in accounting, finance and business planning within the mining sector. She has held increasingly senior financial positions with global accountabilities. From 2016 to present, Ms. Soares held various advisory roles providing financial strategic leadership to several publicly listed [...]
Argo Gold announces that it has entered into a purchase and sale agreement to sell a 100% interest in the South Wawa gold property to RT Minerals for consideration of 350,000 common shares of RT Minerals. The South Wawa gold property consists of two mineral claims totaling 16 units or 256 hectares located approximately 10 kilometres south of the Town of Wawa, Ontario in Naveau Township. The Property is bordered to the [...]
Argo Gold announces that it settled an aggregate of $152,000 of indebtedness of the Company with various arm's length creditors through the issuance of an aggregate of 760,000 common shares at a price of $0.20 per Common Share. The Common Shares issued pursuant to the debt settlement are subject to a four month and one day hold period pursuant to applicable securities laws.
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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