Argo Gold Inc. is pleased to announce that it has closed its previously announced non-brokered private placement of 11,200,000 units at a price of $0.09 per Unit for gross proceeds of $1,008,000 . Each Unit consists of one common share of the Company and one common share purchase warrant with each Warrant entitling the holder thereof to purchase a Common Share at an exercise price of $0.12 for a period of thirty-six [...]
Argo Gold Inc. is pleased to announce that it intends to complete a private placement offering of up to 11,200,000 units at a price of $0.09 per Unit, for gross proceeds of up to $1,008,000 . Eric Sprott has indicated his intention to take up all of the Offering. Each Unit will consist of one common share of the Company and one common share purchase warrant with each Warrant entitling the holder thereof to purchase a [...]
Argo Gold Inc. is pleased to announce that it has closed its previously announced non-brokered private placement offering through the issuance of 1,190,100 flow-through shares at a price of $0.12 per Flow Through Share, for aggregate proceeds of $142,812. In connection with the issuance of the Flow-Through Shares, the Company paid a finder's fee equal to $9,996.84 The securities issued are subject to a hold period of four [...]
Argo Gold Inc. is pleased to announce that it intends to complete a private placement offering of up to 1,000,000 flow through shares at a price of $0.12 per Flow Through Share, for gross proceeds of up to $120,000 . All securities issued under the Offering are subject to a four-month and one day statutory hold period. The gross proceeds from the Offering will be used for Canadian Exploration Expenses, and will qualify as [...]
Argo Gold Inc. is pleased to announce the appointment of Michael Farrant as Chief Financial Officer and David McDonald as Controller of the Company. Mr. Farrant currently serves as President and CFO of New Break Resources Ltd., a private mineral exploration company exploring for gold in Timmins, Ontario and as an independent director of Talisker Gold Corp. Mr. Farrant has over 23 years' experience in the gold mining [...]
Argo Gold Inc. has completed initial geological mapping and sampling at Raingold - ground acquired with the Geisler patents -which is now part of the 22 square kilometre Uchi Gold Project. Raingold is one of the mineralized areas of the HST Zone which is a fractured/sheared gold-bearing zone associated with a lean iron formation that extends for several kilometres and follows a lithologic horizon between rhyolite and [...]
Argo Gold is pleased to announce anomalous results from a detailed geochemical sampling survey on the Woco Property in the Birch-Uchi area, east of Red Lake in Northwestern Ontario, carried out during July and August, 2019. The program was designed to expand to property scale a geochemical "case history" orientation survey, carried out in May, which successfully responded to the Woco vein mineralization and potential [...]
Argo Gold Inc. has initiated a detailed geochemical sampling survey at the Woco Gold Project, in the Uchi Lake area, east of Red Lake, Ontario. The program is designed to follow up on a Spring 2019 geochemical orientation survey which successfully identified known gold mineralization. The detailed geochemical survey will sample a 600 metre wide swath along 5 kilometres of the Uchi Break corridor. Approximately 1,100 [...]
Argo Gold Inc. is pleased to announce the appointment of Peter Mah as President and a director of the Company and the reappointment of Judy Baker as Chief Executive Officer and a director of the Company, effective immediately. Judy Baker, former President and Chief Executive Officer of the Company from May 2015 until January 2019, has agreed to serve as a director and Chief Executive Officer of Argo Gold. Ms. Baker has 25 [...]
Argo Gold is pleased to announce that plans are underway for a summer exploration programme at its Woco Property, primarily following up on results of recent drilling. From results of all the drill holes that have intersected the Woco Vein, it appears that the highest grade gold is contained within the greatest width of vein material. At this time, Argo believes that the thickness of the vein material is controlled by a [...]
Argo Gold Inc. is pleased to announce the remaining drill results from its winter exploration drill program at the 100% owned Woco Gold Project, outside the Red Lake Gold District in Ontario, Canada. The Company targeted three distinct gold-bearing areas in the Birch-Uchi Greenstone Belt, with the 2,500-metre, 15-hole drill program. The full drill results of the program are provided in Table 1. The first five drill holes [...]
Argo Gold is pleased to announce the first batch of drill results from its winter exploration drill program at the 100% owned Woco Gold Project, outside the Red Lake Gold District in Ontario, Canada. The Company targeted three distinct gold-bearing areas with the 2,500 metre drill programme. The current analytical results include data from the first five drill holes targeting the Woco mineralized zone, previously [...]