Argonaut Gold Inc. Provides Notice of Fourth Quarter and Year End Financial Results on March 31, 2011

TORONTO, ONTARIO -- (Marketwire) -- 03/25/11 -- Argonaut Gold Inc. (TSX: AR) today announced that its fourth quarter and year end financials will be released before market open on March 31, 2011 followed by a conference call on March 31, 2011 at 9:30 a.m. ET.

Q1 Conference Call Information:

Toll Free (North America):     866-226-1792
International:                 416-340-2216
  Passcode:                    5178277

Webcast: www.argonautgoldinc.com

Q1 Conference Call REPLAY:

Toll Free Replay Call (North America):   800-408-3053
  Passcode:                              5178277

Replay Call:                             905-694-9451
  Passcode:                              5178277

The conference call replay will be available from 12:30 p.m. ET on March 28, 2011 until April 7, 2011.

About Argonaut

Argonaut is a Canadian gold company engaged in exploration, mine development and production activities. Its primary assets are the production-stage El Castillo Mine in the State of Durango, Mexico, the development stage San Antonio project and the past producing La Colorada project, both located in Mexico. The La Fortuna exploration project in Durango, Mexico has excellent upside potential as numerous high-grade intersects have been found on the property. Argonaut is a producing gold company created by an experienced management team with a history of value creation.

Creating the Next Quality Mid-Tier Gold Producer in the Americas.

Contacts:

Argonaut Gold Inc.

Nichole Cowles

Investor Relations Manager

(775) 284-4422 x 101
nichole.cowles@argonautgoldinc.com
www.argonautgoldinc.com