Argo Gold Inc - Mining Stock Analysis & Updates
Latest News and Market Performance for Argo Gold Inc
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Argo Acquires Gold and Silver Mineral Claims in Saskatchewan
Argo Gold Inc. is acquiring a 100% interest in the 1155-hectare Dreaver Lake property in Saskatchewan through a mineral claim option agreement. To finalize the deal, Argo must make a cash payment, invest in exploration, and grant a royalty to the vendor.
Argo's January 2025 Oil Production
Argo Gold Inc. reported January 2025 oil production of 3,541 barrels (114 bbl/day) with revenue of $274,990 and net cash flow of $186,454. February production was approximately 2,971 barrels (106 bbl/day). The company is involved in mineral exploration and oil production.
Argo's December 2024 Oil Production
Argo Gold Inc. reported December 2024 oil production of 3,321 barrels (107 bbl/day), generating $238,223 in revenue and $154,781 in net cash flow. January production increased to 3,554 barrels (115 bbl/day). The company specializes in mineral exploration and oil production.
Argo Expands Mineral Claim Position in the Rottenstone Belt, Saskatchewan
Argo Gold Inc. has acquired 4,608 hectares of mineral claims in Saskatchewan's Rottenstone Belt, increasing its total to 26,600 hectares. Recent high-grade gold findings and historic data suggest potential for further exploration of gold, copper, and other metals in the area.
Argo's November 2024 Oil Production
Argo Gold Inc. reported November 2024 oil production of 3,597 barrels (120 bpd) with revenue of $258,042 and net cash flow of $153,014. Challenges include low production from Lloyd 2 due to a well collapse. December production dropped to 3,367 barrels.
Argo Acquires Additional Saskatchewan Uranium Claim
Argo Gold Inc. has agreed to acquire a 100% interest in the Thunderclap mineral claim in Saskatchewan for $1,000, expanding its uranium claims to 16,059 hectares in the Athabasca Basin. The claim is near several significant uranium mines and has historical drilling results.
Argo's October 2024 Oil Production and Update
Argo Gold Inc. reported October 2024 oil production of 3,651 barrels, averaging 118 barrels per day, with revenues of $258,369. Production issues at Lloyd 2 led to its shutdown, while Lindbergh 3 began production. Plans for a partial re-drill in January 2025 are anticipated.
Argo Acquires Saskatchewan Uranium Mineral Claims
Argo Gold Inc. is acquiring 100% interest in mineral claims in Saskatchewan's Athabasca Basin, totaling 15,962 hectares, for uranium exploration. This includes the Parker Lake claims, purchased with a 2% NSR, and Thunderbolt and ZigZag claims for $5,000 and shares.
Argo's September 2024 Oil Production and Update
Argo Gold Inc. produced a total of 3,565 barrels of oil in September 2024, averaging 118 barrels per day. The average oil price was CDN$68 per barrel, yielding a total oil revenue of $241,198 and a net operating cash flow of $163,738 for the month. The company also participated in the development drilling of a third oil well at Lindbergh in October 2024. Argo Gold is a Canadian company involved in mineral exploration, development, and oil production.
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Argo Gold Inc Presentation Update - 2025-05-12 - Minimal Update to...
The update for Argo Gold Inc. involves minor, non-material modifications with no impact on financials, resources, or operations, indicating overall stability.
