Argo Gold Inc. announces its oil production results for the Lindbergh oil well for August 2023. Lindbergh Oil Production Argo's 37.5% interest Argo's Oil Revenue Argo's net operating cash flow August 2023 135 bbl/day 50.6 bbl/day $130,461 $91,292 Argo also has a mutual area of interest at Lindbergh, whereby Argo can participate in additional oil [...]
Argo Gold Inc. announces that drilling has begun at the Lloyd oil well proximal to Lloydminister, Alberta. The Lloyd oil well is a mulit-lateral horizontal oil well targeting 3000 metres in the Sparky oil formation. Argo's interest in Lloyd is pursuant to Argo's second participation agreement with Croverro Energy, whereby Argo is paying the [...]
Argo Gold Inc. announces its oil production results for the Lindbergh oil well for July 2023. Lindbergh Oil Production Argo's 37.5% interest Argo's Oil Revenue Argo's net operating cash flow July 2023 130 bbl/day 48.6 bbl/day $115,890 $80,262 Drilling commenced at Lindbergh in mid-March 2023 and the oil well came online in late March 2023. Argo [...]
Argo Gold Inc. announces that effective immediately it is engaging 1000156886 Ontario Limited for technical services for public awareness outreach in Canada, Europe and the United States; utilizing all public awareness platforms. All information and content about Argo Gold will be supplied by Argo Gold. 1000156886 Ontario Limited and Argo Gold are [...]
Argo Gold Inc. announces its oil production results for the Lindbergh oil well including April, May and June 2023. Drilling commenced at the Lindbergh in mid-March 2023 and the oil well came online in late March 2023. Lindbergh Oil Production Argo's 37.5% interest Argo's Oil Revenue Argo's net operating cash flow April 2023 115 bbl/day 43.4 bbl/day [...]
Argo Gold Inc. announces that Argo's 37.5% share of the Lindbergh oil well in the Sparky started production in late March 2023. In April 2023, the Lindbergh well produced 115 barrels of oil per day, and Argo's 37.5% share of the production was 43.4 barrels of oil per day, generating revenue of $90,334 and $57,491 operating cash flow net to Argo [...]
Prior to the private placement, Mr. Sprott beneficially owned or controlled 11,200,000 Shares of the Company representing approximately 17.0% on a non-diluted basis. Following the completion of the private placement, Mr. Sprott beneficially owns and controls 13,200,000 Common Shares of the Company representing approximately 19.0% of the issued and [...]
Argo Gold Inc. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement of 3,650,000 shares at a price of $0.10 per Share for gross proceeds of $365,000 . All securities issued under the Offering are subject to a four-month and one day statutory hold period. Mr. Eric Sprott, through [...]
Argo Gold Inc. announces that Argo's 100% owned Talbot Lake Gold Project located 100 kilometres northeast of Pickle Lake, Ontario is now permitted for exploration and drilling. Talbot Lake is 8742 hectares of mineral claims covering known high-grade gold mineralization and 23-line kilometre strike length of basalts with iron formations containing [...]
Argo Gold Inc. and announces that the Lindbergh Area Sparky oil well was drilled in mid-March 2023 and is now on production at anticipated rates. Argo participated for 37.5% of the Lindbergh well and Argo's share of production is expected to yield 55 to 70 barrels oil/day. Argo has an area of mutual interest at Lindbergh whereby Argo can [...]
Argo Gold Inc. is pleased to announce that the near-term oil production at the Sparky oil wells is on track for before Spring break-up at Lindbergh and post Spring break-up at Lloyd. Surface preparations at Lindbergh are in progress for drilling to commence and be completed prior to Spring break-up. Argo's 37.5% participation in the Lindbergh oil [...]
Argo Gold Inc. is pleased to announce that the near-term oil production at the Sparky oil wells is on track for before Spring break-up at Lindbergh and post Spring break-up at Lloyd. Surface installations at Lindbergh are in progress for drilling to commence and be completed prior to Spring break-up. Argo's 37.5% participation in the Lindbergh oil [...]
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