Argonaut Gold Announces San Agustin Resource of 845,000 Gold Ounces and 28.3 Million Silver Ounces (1,280,000 Gold Equivalent Ounces)
TORONTO, ONTARIO--(Aug 22, 2014) - Argonaut Gold Inc. ("Argonaut", "Argonaut Gold" or the "Company") (AR.TO) announced today that the Company has a resource estimate resulting from the first phase of a multiple phase drill program at its 100% owned San Agustín project located 10 kilometres from Argonaut's El Castillo Mine ("El Castillo") located in Durango, Mexico.
The San Agustín pit constrained indicated resource now stands at 845,000 gold ounces and 28,263,000 silver ounces contained in 82.2 million tonnes of material at a grade of 0.32 grams per tonne ("g/t") gold and 10.7 g/t silver, for a total of 1,280,000 gold equivalent ounces.
- Category: Silver / Gold
- Published: 22 August 2014
- Written by Editor