EXPLORATION & DEVELOPMENT

Argonaut's San Agustin finds favour

Argonaut Gold shareholders got two pieces of good news for the price of one at the end of last week, showing off bumper economics from the San Agustin gold project in Mexico and a new US$30 million revolving debt facility that could fund its future development.

Argonaut Gold produces over 30,000 ounces of gold-equivalent output a quarter

Argonaut Gold produces over 30,000 ounces of gold-equivalent output a quarter

The company revealed in a preliminary economic assessment that, at a $1,200 per ounce gold price, the $42.6 million project could provide an after tax net present value (5% discount) of $89.9 million and...

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