Argonaut Gold Inc. Provides Notice of Second Quarter Financial Results on August 15, 2011

TORONTO, ONTARIO -- (Marketwire) -- 08/05/11 -- Argonaut Gold Inc. (TSX: AR) announces that its second quarter financials will be released before market open on August 15, 2011 followed by a conference call on August 15, 2011 at 9:30 a.m. ET.

 Q2 Conference Call Information:

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

 Webcast: Available at www.argonautgoldinc.com

 Q2 Conference Call REPLAY:


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

 International Replay Call:                             905-694-9451
    Passcode:                                           5178277

The conference call replay will be available from 10:30 a.m. ET on August 15, 2011 until August 22, 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, the past producing La Colorada project, and several exploration stage projects, all of which are located in Mexico. 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