Argonaut Gold Inc. Updates Drill Results From the El Castillo Resource Expansion Program

Argonaut Gold Inc. (TSX:AR) provided an update regarding its 2010 resource expansion drill program at its 100 percent owned El Castillo gold mine in the State of Durango, Mexico.

The press release is quoted as saying:

Following the successful Phase I drill program at El Castillo, Phase II of the drill program was initiated with two reverse circulation drill rigs. The Phase I drilling was positioned on approximately 100 meter centers and was designed to identify the extent of potential gold mineralization that expands to the south and east of the current El Castillo open-pit mining operation. Phase I encompassed 16,250 meters totaling 120 holes, and was completed in mid April.

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