Eric Caba, President & CEO, states, “Significant progress was made at Mercedes this quarter across a number of initiatives. Production and operating results from the Mercedes mine in Q1 2024 demonstrate a continuity of the improvements realized in the final quarter of 2023, including gold and silver ounces produced, average gold grade mined and processed, and development meters achieved.”
Argonaut Gold Inc. announced today that it has filed updated technical reports for its Florida Canyon and San Agustin mines. The Reports can be found on the Company’s website at www.argonautgold.com or under the Company’s issuer profile at www.sedarplus.ca.
Under the Arrangement Agreement, the parties have agreed to effect the Arrangement, pursuant to which, among other things, a wholly-owned subsidiary of Argonaut will (directly or indirectly) hold all of Argonaut’s ownership interest in its United States and Mexican assets.
The Company is updating from its May 21, 2024 news release and announces that mining activity has confirmed high grade gold mineralization over significant widths at the Tahuehueto Gold Mine in Durango, Mexico.
Paddy Nicol, CEO of Orogen Royalties, commented, “We have delivered another profitable quarter despite the tough market conditions in the junior mining space.”
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