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Argo Gold (CSE: ARQ) (“Argo Gold” or the “Company”) announces that it has entered into a purchase and sale agreement to sell a 100% interest in the South Wawa gold property to RT Minerals Corp. (TSX.V: RTM) (OTC Pink: RTMFF) for consideration of 350,000 common shares of RT Minerals. The South Wawa gold property consists …
Argo Gold (CSE: ARQ) (“Argo Gold” or the “Company”) announces that it has entered into a purchase and sale agreement to sell a 100% interest in the South Wawa gold property to RT Minerals Corp. (TSX.V: RTM) (OTC Pink: RTMFF) for consideration of 350,000 common shares of RT Minerals.
The South Wawa gold property consists of two mineral claims totaling 16 units or 256 hectares located approximately 10 kilometres south of the Town of Wawa, Ontario in Naveau Township. The Property is bordered to the north by Red Pine Exploration Inc.
Argo completed an MMI orientation survey, channel sampling, prospecting, mapping and grab sampling on the Property during the 2017 field season. The results of the channel sampling confirmed historic results. Prospecting delineated mineralized zones around an area termed the Camouflage vein.