Argo Gold – The Bases are Loaded with Mineral Assets – Q1 2026
Uchi Gold Project
- Surface to 200 metre drilling has identified ~ 400,000 ounces gold @ one-half ounce gold per tonne
- Multi Million Ounce Gold deposit potential on the Great Bear Trend in NW Ontario
- Argo acquired the initial Uchi mineral claims in 2016 after a 23-year exploration hiatus
Talbot Lake Gold Project
- Surface to 200 metre drilling has identified ~ 50,000 ounces gold @ 14 g/t gold in quartz veining
- Banded iron formation type gold mineralization identified for follow-up drilling
- 24-line kilometres of banded iron formation type gold targets
- Multi Million Ounce Gold deposit potential in NW Ontario
Angela Lake Gold Project
- Area of 5 M ounce Springpole Gold Deposit in NW Ontario
- Thumb size gold mineralization in angular surface boulder warrants follow-up exploration
Dreaver Lake Gold Project
- 10-kilometre anomalous gold in lake sediments from quartz diorite outcrop flanked by multiple untested conductors in northern Saskatchewan
Rottenstone Belt Copper – Nickel – Zinc – Gold Project
- 226 square kilometres of highly prospective ground in the Rottenstone Metallogenic Belt in northern Saskatchewan
- Areas of interest include anomalous copper in soils, electromagnetic conductors identified by historic geophysical surveys, ultramafic outcropping rocks, the Gow Lake meteor crater area and the geological strike extension of the Rottenstone Mine Copper-Nickel mine
- Recent activity by both Ramp Metals and Fathom Nickel demonstrate that this mineral belt, that has not seen any material exploration since the late 1960s – early 1970s, deserves to be explored again
Hurdman Silver-Zinc Project
- Known Silver-Zinc deposit (with material gold credits) that has value in the current commodity price environment as well as exploration upside
Uranium in the Athabasca Basin
- 162 square kilometres of prospective uranium mineral claims in the Athabasca Basin in Saskatchewan
- Drill targets at both Thunderbolt (near the Hurricane Uranium deposit) and Thunderclap (near McLean Lake Mine)
- Zig Zag is on the Patterson Lake Shear Zone on trend with the Arrow Deposit
- Parker Lake is the up-ice extension of dozens of radioactive boulders along the Needle Lake Shear Zone
Argo Gold Royalty (1%) on the Rockstar Gold Project in Alamos Gold’s Island Gold Camp
- The 27 km2 Rockstar Gold Project is 100% owned by Alamos via acquisition of Manitou Gold in February 2023
- 2020 drill hole highlights at Rockstar include 5.0 g/t Au over 4.6 metres at a vertical depth 170 metres (MTU-20-16)
Argo Gold Royalty (2%) on the McVicar Lake Gold Project
- Argo retails a 2% Royalty on the McVicar Lake Gold Project in NW Ontario
Oil Production in Alberta
- 2025 Net Operating Cash Flow from oil operations is over CAD$1 M from participating in four oil wells in the Lloydminster area of Alberta, Canada.
- 2024 Net Operating Cash Flow from oil operations was finalized at CAD$ 1.7 M
- Argo’s 2024 Year-End oil reserves net of royalties is 400,800 barrels valued at CAD$16.2 M using a 10% NPV
2025 Advancements
- Argo built out its mineral project assets acquiring the Dreaver Lake Gold Project and highly prospective Athabasca Basin uranium claims for the rapidly evolving nuclear energy space
- Argo completed data compilations on all Saskatchewan projects including the Rottenstone Belt, Dreaver Lake and the Athabasca Uranium plays
- Argo permitted both the Rottenstone Belt and Dreaver Lake Projects in Saskatchewan
- Argo is currently in the permitting process for the Uchi Gold and the Talbot Lake Gold projects in NW Ontario
2026 Plan
- Argo will continue to add value at all of its projects in 2026
- Argo will continue to identify and acquire overlooked mineral opportunities
- Oil price dependent plans include the partial re-drill of Lloyd 2 (imminent) and development drilling of Lloyd 3
PROJECT GENERATOR TRANSACTIONS by Argo Gold to Date
- Founder of the 3 M ounce Coffee Deposit – Rob Carpenter – came to Argo Gold for its McVicar Lake Gold Project (November 2020) that Argo staked in Q2 2016
- Manitou Gold (sold to Alamos Gold – CAD$ 17 million – February 2023 ) came to Argo Gold for the Rockstar Gold Project (March 2018) when it rolled up mineral claims in the Goudreau Deformation Zone
- Angus Gold (sold to Wesdome – CAD$ 40 million – June 2025 ) came to Argo Gold for its Abbie Lake and Macassa Creek Projects (November 2020) when it rolled up mineral claims in the Eagle River Mine Area
All of the Project Generator Transactions generated Royalties, cash and shares (of other companies) that Argo utilized for mineral exploration activity on core projects and corporate operations -ultimately keeping the Argo share count intact and not excessively diluting shareholders.
Argo Gold Summary
Argo Gold currently has 72 M shares outstanding. Institutions and insiders own 50% of the shares outstanding. The current low market capitalization is a compelling opportunity.
CSE: ARQ, OTC: ARBTF and XFRA, XSTU, XBER: A2ASDS