Argo Gold Inc.

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Argo Gold is a Canadian company focused on gold exploration projects in central and northwestern Ontario that have indications of economic viability. All of Argo Gold’s projects are 100% owned. Argo Gold is listed on the Canadian Stock Exchange under the ticker ARQ.

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Argo Gold Inc.

lockPrivateGroup

Argo Gold is a Canadian company focused on gold exploration projects in central and northwestern Ontario that have in......

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8020 Admin

12 hours ago

8020 Admin posted a press release Argo Gold Reports Anomalous Gold over 600 meters of Strike Length at Raingold - The Northwest Block of the Uchi Gold Project - Including 14.5 g/t Au over 2.6 metres in ARGO GOLD INC.

Toronto, Ontario--(Newsfile Corp. - November 6, 2019) - Argo Gold Inc. (CSE: ARQ) ("Argo Gold" or the "Company") 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 greenstones. At the north end of the HST Zone, the Grassett Mine was developed in the late 1930's with 5 levels. The Raingold area is additional mineralized trend located west of the main mineralized corridor where the summer biogeochem survey was carried out.


Raingold is a shear-hosted north-south striking gold vein system where the last reported work was 1937 and trenching reported 8.1 g/t Au over a strike length of 122 metres and 2.1 metre width (1938, Thomson, J. ODM Annual Report, Volume 47).


This summer exploration work by Argo Gold identified 20 pits up to 2 metres square over a strike length of 700 m. Hand-stripping and chip sampling was carried out on east-west fences perpendicular to strike. Almost all pits were sampled in this manner and attempts were made to close them off with flank samples at each end of the mineralization. Shearing and gold mineralization occurs at the basalt/dacite-rhyolite contact. Gold mineralization occurs in pyritic shear zones containing tourmaline-bearing quartz veins and stringers. The quartz veins vary from 0.6 m to 2 metres wide. The shear zone strikes north-south and dips steeply east. Argo Gold assays indicate anomalous gold in all pits over 600 metres of strike length with one continuous chip of five samples returning 14.5 g/t Au across 2.6 m. Follow-up work will include backhoe stripping, hydraulic washing, additional sampling, more extensive geological and structural mapping and drill targeting.


QAQC


The rock sampling at Raingold consisted of continuous chip samples along the lip of each pit with the smallest sample length being 30 cms and the largest 100 cm. Eighty-four samples were taken, inclusive of four blank samples, four duplicate samples, and three inserted OREAS control standards with known values. Samples were tagged and placed in security sealed bags in the field and transported to Dryden (Activation Laboratories Ltd. (Actlabs), which is ISO 17025 accredited) by Argo field staff. Samples were sorted and dried in a 60C oven. Each sample was then crushed up to 90% passing 10 mesh, riffle split, and a 250g sample was pulverized to 95% passing 150 mesh. Preparation duplicates were added every 50 samples by the laboratory. Thirty gm samples of the pulverized material were analyzed for Fire Assay gold with a gravimetric finish. The Argo-inserted blanks, control standards and duplicates are all deemed within reasonable limits.


Bill Kerr, P. Geo, Lead Exploration Geologist of Argo Gold, is the Qualified Person who assumes responsibility for the technical disclosures in this press release.


Team


Argo Gold is pleased to announce Bryan Wilson has joined the board of directors. Mr. Wilson has worked in the mining industry for over 30 years in geological and financial analyst positions. He has held senior management and executive positions in resource exploration and mining companies. Mr. Wilson was CEO and President of St. Genevieve Resources and Gee Ten Ventures Inc., and Director of Spider Resources, his previous financial roles include being a Mining Analyst for C.M Oliver and Dominick & Dominick Securities Inc. and as a corporate Finance Specialist for Thames Capital. Mr. Wilson is currently the Director Exploration Business Development of Centerra Gold Corp, and a director of Doubleview Capital and Colorado Resources Ltd.


About Argo Gold Inc.


Argo Gold's flagship Uchi Gold Project is 22 square kilometers of multiple mineralized trends and widespread gold mineralization. High grade gold intercepts from the winter 2019 drill program by Argo Gold include 132 g/t Au over 1.8 metres at the Woco Vein. Historic drilling by St. Jude Resources in 1993 includes; 139 g/t Au over 2.1 metres, 65 g/t Au over 1.83 metres, and 62 g/t Au over 3.6 metres. Results at Argo Gold's Uchi Gold Project continue to be compelling.


Argo Gold is listed on the Canadian Securities Exchange (www.thecse.com) under the ticker ARQ and on the OTC under the ticker ARBTF. Argo Gold is focused on gold exploration projects in central and northwestern Ontario. All of Argo Gold's projects are 100% owned and have indications of economic viability. Argo Gold's website is www.argogold.ca.


For more information please contact:
Judy Baker
CEO
jbaker@argogold.ca

(416) 786-7860


Cannot view this image? Visit: https://orders.newsfilecorp.com/files/3921/49474_762daff4745f3a0f_001.jpg
            Argo Gold’s Uchi Gold Project - Raingold and HST Zone relative to Woco and Northgate

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/3921/49474_762daff4745f3a0f_001full.jpg



NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


Forward-looking Information Cautionary Statement


Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which filings are available at www.sedar.com.



To view the source version of this press release, please visit https://www.newsfilecorp.com/release/49474

!
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8020 Admin

10 days ago

8020 Admin posted a press release Argo Gold Identifies Numerous Anomalous Geochemical Results at Uchi Gold Project, Red Lake District in ARGO GOLD INC.

Toronto, Ontario--(Newsfile Corp. - October 28, 2019) - Argo Gold (CSE: ARQ) (the "Company" or "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 southern strike extension. During the current work, Argo field crews sampled the Uchi Gold "Corridor" along its 5 km length, with over 950 field samples collected.


Multiple gold deposits associated with the "Corridor" (including the previous producer Uchi Lake Mine) to the north of Argo's claim boundary were all discovered in outcrop. As there is very little or no outcrop over the trace of the Corridor to the south, on Argo's property, a vegetation geochemistry survey was recommended by Argo's geochemical consultant, based on his extensive experience in similar outcrop-poor glacial terranes in northern Canada and Scandinavia (Argo Press Release, July 25, 2019). Favourable results were received from this orientation survey, designed and carried out by the consultant assisted by Woco field staff over the high-grade Woco vein within the Uchi Gold "Corridor".


Work during the subsequent property-scale program by Argo field staff involved the collection of 955 field samples, including duplicates. A further 50 samples were composed of controls, or standards. Approximately five kilometres of strike length, consisting of a 600 metre wide swath bracketing the Corridor was sampled on a 60 metre x 60 metre diamond pattern and samples of Black Spruce Bark were collected from each sample site.


Over fifty elements were analyzed (by ICP-MS after ashing and aqua regia digestion), with gold and pathfinder elements Ag, As, Bi, Cd, Cu, Fe, In, and Mn being selected for both primary and statistical evaluation. Anomalous threshold levels for each element were then selected by probability plots and the results were presented as scaled symbols. The ranking system was then developed and evaluated as follows;



  • Priority 1 Multiple gold anomalies with accessory pathfinder element responses

  • Priority 2 Isolated gold values with accessory pathfinder, or multiple gold anomalies with muted pathfinder responses

  • Priority 3 Gold anomaly, no associated pathfinder response

  • Priority 4 Pathfinder anomaly without a gold response


A total of twenty-two discrete anomalous zones, both along and across strike, were selected by the consultant as anomalous throughout the five kilometre length of the survey with a distribution concentrated in the north half, proximal to the past producing mines. Three zones, all of which were along the tightly constrained projected bedrock location of the aero-magnetically defined Uchi Corridor were classed as very high Priority 1. Priority 1 response Target A is within the Uchi Gold corridor along strike of the Uchi Mine, was previously located by the orientation survey and further defined by this follow up work. The Priority 1 Target B anomaly reflects the Woco high grade vein further to the south into an un-drilled area and was also confirmed by this work. Priority 1 response Target C is a new Au-Ag-Fe-Mo zone located over one kilometre south and along strike of Argo diamond drill hole AGU-19-010. This drill hole contained a gold-bearing base-metal intersection of over 5 metres of massive sulphides (April 4, 2019, Argo Press Release).


The results of the of the survey has opened up a full five kilometres of high-potential strike length which has had virtually no exploration since the 1930's. These vegetation anomalies are interpreted to be reflecting very near source mineralization collected by the root systems and concentrated in the bark. Prior to diamond drill testing, winter infill vegetation sampling combined with shallow excavator trenching and anomaly scale ground geophysics will be used to ground truth and bring the best anomalies to the diamond drill stage.


QAQC


Quality control involved the collection of field duplicates and the insertion of control samples. All samples were analyzed at ALS Laboratories which are accredited by the Standards Council of Canada (SCC) for specific tests listed in their Scopes of Accreditation which conform with CAN-P-1579: Requirements of the Accreditation of Mineral Analysis Testing Laboratories, and CAN-P-4E ISO/IEC 17025" General Requirements for the Competence of Testing and Calibration Laboratories. The precision, or measure of the uncertainty of element concentration, was evaluated by the consultant. All elements were evaluated to be within average relative standard deviation as calculated using the field duplicates. Using this, all elements analyzed for were within acceptable limits except Te which returned most values at or near the lower method detection limit; accordingly, this element was not used for further interpretation.


Control samples were inserted to measure instrument drift and results were interpreted by the consultant. One sample was out of spec for several elements in one batch, and all elements in this batch were reanalyzed at our request. All results were within spec on the second determination and were deemed acceptable for interpretation. A second unresolved QC issue concerned one batch of 60 samples at the south of the grid which all had anomalous high Sb results but all other elements were within acceptable limits, even on reanalyzing. Based on this, apparent non-geological feature, the consultant omitted Sb from any of the interpretations.


Bill Kerr, P. Geo, Lead Exploration Geologist of Argo Gold, is the Qualified Person who assumes responsibility for the technical disclosures in this press release.


Cannot view this image? Visit: https://orders.newsfilecorp.com/files/3921/49180_9c4f482714796a55_001.jpg
Woco Black Spruce Bark Ash Survey Targets


To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/3921/49180_9c4f482714796a55_001full.jpg


About Argo Gold Inc.


Argo Gold's 22 square kilometre Uchi Gold Project covers 5 kilometres of strike length in a 1.5 kilometre wide corridor of widespread mineralization on multiple mineralized trends. High grade gold intercepts from the winter 2019 drill program by Argo Gold include 132 g/t Au over 1.8 metres at the Woco Vein. Historic drilling by St. Jude Resources in 1993 includes; 139 g/t Au over 2.1 metres, 65 g/t Au over 1.83 metres, and 62 g/t Au over 3.6 metres. Results are compelling and Argo Gold continues to advance exploration activities at the Uchi Gold Project.


Argo Gold is listed on the Canadian Securities Exchange under the ticker ARQ. Argo Gold is focused on gold exploration projects in central and northwestern Ontario. All of Argo Gold's projects are 100% owned and have indications of economic viability. Argo Gold's website is www.argogold.ca.


For more information please contact:
Judy Baker
CEO
jbaker@argogold.ca

(416) 786-7860


NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


Forward-looking Information Cautionary Statement


Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which filings are available at www.sedar.com.



To view the source version of this press release, please visit https://www.newsfilecorp.com/release/49180

!
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PKen

6 months ago

PKen has joined Argo Gold Inc.

!

Argo Gold Inc.

lockPrivate Group

Argo Gold is a Canadian company focused on gold exploration projects in central and northwestern Ontario that have indications of economic viability. All of Argo Gold’s projects are 100% owned. Argo Gold is listed on the Canadian Stock Exchange under the ticker ARQ.

people7 Members       (0)

Corporate Profile
Group Admins:
  • Thumb 8020 monitor 200200 2
Request Membership


Argo Gold Inc.

lockPrivateGroup

Argo Gold is a Canadian company focused on gold exploration projects in central and northwestern Ontario that have in......

people7 Members       (0)

Thumb 8020 monitor 200200 2

8020 Admin

12 hours ago

8020 Admin posted a press release Argo Gold Reports Anomalous Gold over 600 meters of Strike Length at Raingold - The Northwest Block of the Uchi Gold Project - Including 14.5 g/t Au over 2.6 metres in ARGO GOLD INC.

Toronto, Ontario--(Newsfile Corp. - November 6, 2019) - Argo Gold Inc. (CSE: ARQ) ("Argo Gold" or the "Company") 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 greenstones. At the north end of the HST Zone, the Grassett Mine was developed in the late 1930's with 5 levels. The Raingold area is additional mineralized trend located west of the main mineralized corridor where the summer biogeochem survey was carried out.


Raingold is a shear-hosted north-south striking gold vein system where the last reported work was 1937 and trenching reported 8.1 g/t Au over a strike length of 122 metres and 2.1 metre width (1938, Thomson, J. ODM Annual Report, Volume 47).


This summer exploration work by Argo Gold identified 20 pits up to 2 metres square over a strike length of 700 m. Hand-stripping and chip sampling was carried out on east-west fences perpendicular to strike. Almost all pits were sampled in this manner and attempts were made to close them off with flank samples at each end of the mineralization. Shearing and gold mineralization occurs at the basalt/dacite-rhyolite contact. Gold mineralization occurs in pyritic shear zones containing tourmaline-bearing quartz veins and stringers. The quartz veins vary from 0.6 m to 2 metres wide. The shear zone strikes north-south and dips steeply east. Argo Gold assays indicate anomalous gold in all pits over 600 metres of strike length with one continuous chip of five samples returning 14.5 g/t Au across 2.6 m. Follow-up work will include backhoe stripping, hydraulic washing, additional sampling, more extensive geological and structural mapping and drill targeting.


QAQC


The rock sampling at Raingold consisted of continuous chip samples along the lip of each pit with the smallest sample length being 30 cms and the largest 100 cm. Eighty-four samples were taken, inclusive of four blank samples, four duplicate samples, and three inserted OREAS control standards with known values. Samples were tagged and placed in security sealed bags in the field and transported to Dryden (Activation Laboratories Ltd. (Actlabs), which is ISO 17025 accredited) by Argo field staff. Samples were sorted and dried in a 60C oven. Each sample was then crushed up to 90% passing 10 mesh, riffle split, and a 250g sample was pulverized to 95% passing 150 mesh. Preparation duplicates were added every 50 samples by the laboratory. Thirty gm samples of the pulverized material were analyzed for Fire Assay gold with a gravimetric finish. The Argo-inserted blanks, control standards and duplicates are all deemed within reasonable limits.


Bill Kerr, P. Geo, Lead Exploration Geologist of Argo Gold, is the Qualified Person who assumes responsibility for the technical disclosures in this press release.


Team


Argo Gold is pleased to announce Bryan Wilson has joined the board of directors. Mr. Wilson has worked in the mining industry for over 30 years in geological and financial analyst positions. He has held senior management and executive positions in resource exploration and mining companies. Mr. Wilson was CEO and President of St. Genevieve Resources and Gee Ten Ventures Inc., and Director of Spider Resources, his previous financial roles include being a Mining Analyst for C.M Oliver and Dominick & Dominick Securities Inc. and as a corporate Finance Specialist for Thames Capital. Mr. Wilson is currently the Director Exploration Business Development of Centerra Gold Corp, and a director of Doubleview Capital and Colorado Resources Ltd.


About Argo Gold Inc.


Argo Gold's flagship Uchi Gold Project is 22 square kilometers of multiple mineralized trends and widespread gold mineralization. High grade gold intercepts from the winter 2019 drill program by Argo Gold include 132 g/t Au over 1.8 metres at the Woco Vein. Historic drilling by St. Jude Resources in 1993 includes; 139 g/t Au over 2.1 metres, 65 g/t Au over 1.83 metres, and 62 g/t Au over 3.6 metres. Results at Argo Gold's Uchi Gold Project continue to be compelling.


Argo Gold is listed on the Canadian Securities Exchange (www.thecse.com) under the ticker ARQ and on the OTC under the ticker ARBTF. Argo Gold is focused on gold exploration projects in central and northwestern Ontario. All of Argo Gold's projects are 100% owned and have indications of economic viability. Argo Gold's website is www.argogold.ca.


For more information please contact:
Judy Baker
CEO
jbaker@argogold.ca

(416) 786-7860


Cannot view this image? Visit: https://orders.newsfilecorp.com/files/3921/49474_762daff4745f3a0f_001.jpg
            Argo Gold’s Uchi Gold Project - Raingold and HST Zone relative to Woco and Northgate

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/3921/49474_762daff4745f3a0f_001full.jpg



NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


Forward-looking Information Cautionary Statement


Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which filings are available at www.sedar.com.



To view the source version of this press release, please visit https://www.newsfilecorp.com/release/49474

!
Thumb 8020 monitor 200200 2

8020 Admin

10 days ago

8020 Admin posted a press release Argo Gold Identifies Numerous Anomalous Geochemical Results at Uchi Gold Project, Red Lake District in ARGO GOLD INC.

Toronto, Ontario--(Newsfile Corp. - October 28, 2019) - Argo Gold (CSE: ARQ) (the "Company" or "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 southern strike extension. During the current work, Argo field crews sampled the Uchi Gold "Corridor" along its 5 km length, with over 950 field samples collected.


Multiple gold deposits associated with the "Corridor" (including the previous producer Uchi Lake Mine) to the north of Argo's claim boundary were all discovered in outcrop. As there is very little or no outcrop over the trace of the Corridor to the south, on Argo's property, a vegetation geochemistry survey was recommended by Argo's geochemical consultant, based on his extensive experience in similar outcrop-poor glacial terranes in northern Canada and Scandinavia (Argo Press Release, July 25, 2019). Favourable results were received from this orientation survey, designed and carried out by the consultant assisted by Woco field staff over the high-grade Woco vein within the Uchi Gold "Corridor".


Work during the subsequent property-scale program by Argo field staff involved the collection of 955 field samples, including duplicates. A further 50 samples were composed of controls, or standards. Approximately five kilometres of strike length, consisting of a 600 metre wide swath bracketing the Corridor was sampled on a 60 metre x 60 metre diamond pattern and samples of Black Spruce Bark were collected from each sample site.


Over fifty elements were analyzed (by ICP-MS after ashing and aqua regia digestion), with gold and pathfinder elements Ag, As, Bi, Cd, Cu, Fe, In, and Mn being selected for both primary and statistical evaluation. Anomalous threshold levels for each element were then selected by probability plots and the results were presented as scaled symbols. The ranking system was then developed and evaluated as follows;



  • Priority 1 Multiple gold anomalies with accessory pathfinder element responses

  • Priority 2 Isolated gold values with accessory pathfinder, or multiple gold anomalies with muted pathfinder responses

  • Priority 3 Gold anomaly, no associated pathfinder response

  • Priority 4 Pathfinder anomaly without a gold response


A total of twenty-two discrete anomalous zones, both along and across strike, were selected by the consultant as anomalous throughout the five kilometre length of the survey with a distribution concentrated in the north half, proximal to the past producing mines. Three zones, all of which were along the tightly constrained projected bedrock location of the aero-magnetically defined Uchi Corridor were classed as very high Priority 1. Priority 1 response Target A is within the Uchi Gold corridor along strike of the Uchi Mine, was previously located by the orientation survey and further defined by this follow up work. The Priority 1 Target B anomaly reflects the Woco high grade vein further to the south into an un-drilled area and was also confirmed by this work. Priority 1 response Target C is a new Au-Ag-Fe-Mo zone located over one kilometre south and along strike of Argo diamond drill hole AGU-19-010. This drill hole contained a gold-bearing base-metal intersection of over 5 metres of massive sulphides (April 4, 2019, Argo Press Release).


The results of the of the survey has opened up a full five kilometres of high-potential strike length which has had virtually no exploration since the 1930's. These vegetation anomalies are interpreted to be reflecting very near source mineralization collected by the root systems and concentrated in the bark. Prior to diamond drill testing, winter infill vegetation sampling combined with shallow excavator trenching and anomaly scale ground geophysics will be used to ground truth and bring the best anomalies to the diamond drill stage.


QAQC


Quality control involved the collection of field duplicates and the insertion of control samples. All samples were analyzed at ALS Laboratories which are accredited by the Standards Council of Canada (SCC) for specific tests listed in their Scopes of Accreditation which conform with CAN-P-1579: Requirements of the Accreditation of Mineral Analysis Testing Laboratories, and CAN-P-4E ISO/IEC 17025" General Requirements for the Competence of Testing and Calibration Laboratories. The precision, or measure of the uncertainty of element concentration, was evaluated by the consultant. All elements were evaluated to be within average relative standard deviation as calculated using the field duplicates. Using this, all elements analyzed for were within acceptable limits except Te which returned most values at or near the lower method detection limit; accordingly, this element was not used for further interpretation.


Control samples were inserted to measure instrument drift and results were interpreted by the consultant. One sample was out of spec for several elements in one batch, and all elements in this batch were reanalyzed at our request. All results were within spec on the second determination and were deemed acceptable for interpretation. A second unresolved QC issue concerned one batch of 60 samples at the south of the grid which all had anomalous high Sb results but all other elements were within acceptable limits, even on reanalyzing. Based on this, apparent non-geological feature, the consultant omitted Sb from any of the interpretations.


Bill Kerr, P. Geo, Lead Exploration Geologist of Argo Gold, is the Qualified Person who assumes responsibility for the technical disclosures in this press release.


Cannot view this image? Visit: https://orders.newsfilecorp.com/files/3921/49180_9c4f482714796a55_001.jpg
Woco Black Spruce Bark Ash Survey Targets


To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/3921/49180_9c4f482714796a55_001full.jpg


About Argo Gold Inc.


Argo Gold's 22 square kilometre Uchi Gold Project covers 5 kilometres of strike length in a 1.5 kilometre wide corridor of widespread mineralization on multiple mineralized trends. High grade gold intercepts from the winter 2019 drill program by Argo Gold include 132 g/t Au over 1.8 metres at the Woco Vein. Historic drilling by St. Jude Resources in 1993 includes; 139 g/t Au over 2.1 metres, 65 g/t Au over 1.83 metres, and 62 g/t Au over 3.6 metres. Results are compelling and Argo Gold continues to advance exploration activities at the Uchi Gold Project.


Argo Gold is listed on the Canadian Securities Exchange under the ticker ARQ. Argo Gold is focused on gold exploration projects in central and northwestern Ontario. All of Argo Gold's projects are 100% owned and have indications of economic viability. Argo Gold's website is www.argogold.ca.


For more information please contact:
Judy Baker
CEO
jbaker@argogold.ca

(416) 786-7860


NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


Forward-looking Information Cautionary Statement


Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which filings are available at www.sedar.com.



To view the source version of this press release, please visit https://www.newsfilecorp.com/release/49180

!
Thumb peter kendall pic

PKen

6 months ago

PKen has joined Argo Gold Inc.

!