Day: May 4, 2021

Argonaut Gold Announces Record Quarterly Production of 59,704 Gold Equivalent Ounces, Record Quarterly Revenue of $105.3 Million and Earnings per Share of $0.09

Pete Dougherty, President and CEO stated: “It was our second consecutive quarter of record quarterly production and revenue. We demonstrated strong cash flow during the first quarter, which underpins our strategy to harvest cash from the existing operations, replace depleted ounces and invest in our growth asset portfolio to transform Argonaut from a high-cost, junior producer with short mine lives to a lower cost intermediate producer with long mine lives.

Orogen Announces Ermitaño Royalty Update

“Indicated resources for gold and silver have increased by a respective 7.7% and 6.6%, and inferred resources for gold and silver have increased significantly by respective 41% and 58%,” commented Orogen CEO Paddy Nicol.

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