Argonaut Gold Expands Mineral Resources at its Operating Mines

Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) is pleased to provide updated pit-constrained Mineral Resource estimates for its operating mines. The updated Mineral Resource estimates are net of mining depletion at July 1, 2017 and incorporate recent resource expansion drilling at both El Castillo and La Colorada (see press releases dated March 20, 2017, May 8, 2017 and June 1, 2017). All dollar amounts are expressed in United States dollars unless otherwise specified.
As quoted in the press release:

Pete Dougherty, President and CEO stated: “We had a successful year of resource drilling which will extend the mine lives at both El Castillo and La Colorada.  At El Castillo, the additional ounces were made accessible with the acquisition of the San Juan mineral concession.  At La Colorada, the resource increase came through an aggressive program of in-fill and step-out drilling adjacent to the El Creston pit.  We are now preparing to publish updated life-of-mine plans at both El Castillo and La Colorada during the first quarter of 2018.”

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