Argo's March Oil Production

Toronto, Ontario–(Newsfile Corp. – May 5, 2026) – Argo Gold Inc’s. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) (“Argo” or the “Company“) March 2026 oil production was 2,630 barrels, averaging 85 barrels per day. Oil prices averaged CAD$94 per barrel, and Argo’s oil revenue was $248,468 and net operating cash flow was $169,479.

March 2026  Oil Production  Argo’s interest  Argo’s Oil Revenue  Argo’s net operating cas h flow
Lindbergh 1 (37.5% interes t)  70 bbl/day  26 bbl/day  $75,517  $52,270
Lloyd 1 (18.75% interes t)  72 bbl/day  14 bbl/day  $39,862  $29,166
Lindbergh 2 (37.5% interes t)  35 bbl/day  13 bbl/day  $37,068  $23,627
Lindbergh 3 (18.75% interes t)  50 bbl/day  9 bbl/day  $28,738  $13,252
Lloyd 2 (23.077% interes t)  99 bbl/day  23 bbl/day  $67,283  $51,164
March 2026 Total

85 bbl/day
$248,468
$169,479

About Argo Gold
Argo Gold is a Canadian mineral exploration and development company, and an oil producer. Information on Argo Gold can be obtained from SEDAR+ at www.sedarplus.ca and on Argo Gold’s website at www.argogold.com. Argo Gold is listed on the Canadian Securities Exchange (www.thecse.com) CSE: ARQ as well as OTC: ARBTF and XFRA, XSTU, XBER: A2ASDS.

Paul Poggione, President
613) 277-1989
paul@argogold.ca

Judy Baker, CEO
(416) 786-7860
baker@argogold.ca

www.argogold.com

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.