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ARQ

Argo Gold Inc.

Status
Active
Industry
Issued & Outstanding71,997,774
Reserved for Issuance20,000,000
Currency
CSE Index

About

Argo Gold Inc.

Listing Date
May 27, 2015
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Argo Gold is a Canadian mineral exploration and development company, and an oil producer.  2025 oil production averaged 82 barrels per day and generated approximately CAD$ 1 million in net operating cash flow. 

Argo Gold’s mineral assets are high-grade gold projects in northwestern Ontario; Uchi Gold and Talbot Lake.  Uchi Gold in the Red Lake district has high-grade gold mineralization where Argo has identified approximately 400,000 ounces of gold from surface to 200 metres.  Uchi Gold is highly prospective for additional high-grade gold mineralization at depth.  Talbot Lake in the Pickle Lake district has 50,000 ounces at 14 g/t Au in quartz veins starting right at surface as well as known gold mineralization in the associated banded iron formation. 

In mid-2024, Argo branched out into the Rottenstone Belt frontier in Saskatchewan and acquired 226 square kilometres of mineral claims prospective for copper, nickel, zinc and gold.  In 2025, Argo optioned the Dreaver Lake Gold project in Saskatchewan, a quartz diorite outcrop with 10-kilometres anomalous gold in lake sediments flanked by multiple untested conductors. 

Anticipating rapid growth in electrical power demand, Argo acquired 162 km2 of prospective uranium claims in Athabasca Basin of Saskatchewan.  Argo Gold also holds a legacy Royalty on the Rockstar Gold Project in Alamos Gold’s Island Gold Camp where a 2020 drill hole found 5.0 g/t Au over 4.6 metres at a vertical depth 170 metres.