TORONTO, Sept. 6,
2023 /CNW/ - Argonaut Gold Inc. (TSX: AR)
(the "Company", "Argonaut Gold" or "Argonaut") is pleased to
announce the appointment of Owen
Nicholls to Vice President, Exploration.
"Owen joins the Company at a pivotal phase of growth to continue
advancing the expansion of our flagship asset, Magino, and
redeveloping the Florida Canyon mine. We will benefit from Owen's
extensive hands-on exploration and management experience as he
focuses on expansion of our two cornerstone assets," stated
Marc Leduc, Chief Operating Officer
of Argonaut Gold.
With construction complete at the Magino Mine and ramp up to
reach commercial production underway, Brian
Arkell, Vice President, Exploration decided that this was
the right time to retire. Brian joined Argonaut in 2018 and has
played a key role in the Company's development including defining
4.6 million ounces of gold resources (Measured plus Indicated) and
a further 0.8 million ounces of gold resources (Inferred)
at Magino.
"We are grateful to Brian for his contributions in the evolution
of Argonaut. Moving forward, we have two very significant drill
programs underway at Magino and Florida Canyon and we are
thrilled to have Owen join our team to play a key role in our
mission to deliver asset growth and operational excellence," stated
Richard Young, President and Chief
Executive Officer of Argonaut Gold.
Mr. Nicholls has considerable experience prioritizing
exploration targets, assessing technical reports, resource
estimation, feasibility studies, project evaluations, permit
applications, and project development. He has successfully led
exploration projects at mine sites and greenfield projects for
Equinox Gold including resource expansion at the Mesquite mine and
at Castle Mountain mine where he worked with Mr. Leduc to define
4.3 million ounces of gold resources (Measured plus Indicated) at
this historic mine. Mr. Nicholls is a Certified Registered
Professional Geologist and has obtained an MSc Geology from the
Colorado School of Mines.
About Argonaut Gold
Argonaut Gold is a Canadian gold company with a portfolio of
operations and multi-stage assets in North America. Focused on becoming a low-cost,
mid-tier gold producer, the Company is in the commissioning phase
at its Magino Mine, located in Ontario,
Canada. Magino is expected to achieve commercial production
in the third quarter of 2023 and become Argonaut's largest and
lowest cost mine. The ramp-up of Magino will be the first step in
transforming the Company as it enters a pivotal growth stage. The
Company also has three operating mines including the Florida Canyon
mine in Nevada, USA, where it is
pursuing potential for redevelopment and additional growth,
La Colorada mine in Sonora, Mexico and San Agustin mine in Durango, Mexico. Argonaut Gold trades on the
Toronto Stock Exchange (TSX) under the ticker symbol "AR".
SOURCE Argonaut Gold Inc.
