ARQ Argo Gold Inc

Argo's February 2025 Oil Production

Toronto, Ontario--(Newsfile Corp. - May 6, 2025) - Argo Gold Inc.'s (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") February 2025 oil production was a total of 2,975 barrels for the month, averaging 106 barrels per day. Oil prices averaged CDN$73 per barrel and Argo's February oil revenue was $218,586 and net operating cash flow was $131,564.

February 2025Oil ProductionArgo's interestArgo's Oil RevenueArgo's net operating cash flow
Lindbergh 1
(37.5% interest)
105 bbl/day 39.5 bbl/day$81,344$55,953
Lloyd 1
(18.75% interest)
128 bbl/day 24 bbl/day$49,408$31,224
Lindbergh 2
(37.5% interest)
56 bbl/day21 bbl/day$43,261$18,772
Lloyd 2
(18.75% interest)
6 bbl/day 1 bbl/day$2,359($690)
Lindbergh 3
(18.75% interest)
109 bbl/day20.5 bbl/day$42,213$26,306
February 2025 Total106 bbl/day$218,586$131,564

 

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 and on Argo Gold's website at . Argo Gold is listed on the Canadian Securities Exchange () CSE: ARQ as well as OTC: ARBTF and XFRA, XSTU, XBER: A2ASDS.

Judy Baker, CEO
(416) 786-7860

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

To view the source version of this press release, please visit

EN
06/05/2025

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Reports on Argo Gold Inc

 PRESS RELEASE

Argo's April 2025 Oil Production

Toronto, Ontario--(Newsfile Corp. - June 11, 2025) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") April 2025 oil production was a total of 2,805 barrels for the month, averaging 93.5 barrels per day. Oil prices averaged CDN$60 per barrel and Argo's March oil revenue was $167,959 and net operating cash flow was $95,374.April 2025Oil ProductionArgo's interestArgo's Oil RevenueArgo's net operating cash flowLindbergh 1(37.5% interest) 98 bbl/day37 bbl/day$66,173$39,084Lloyd 1(18.75% interest)131 bbl/day25 bbl/day$44,057$26,33...

 PRESS RELEASE

Argo's March 2025 Oil Production

Toronto, Ontario--(Newsfile Corp. - May 12, 2025) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") March 2025 oil production was a total of 3,249 barrels for the month, averaging 105 barrels per day. Oil prices averaged CDN$65 per barrel and Argo's March oil revenue was $211,595 and net operating cash flow was $112,770.March 2025Oil ProductionArgo's interestArgo's Oil RevenueArgo's net operating cash flowLindbergh 1(37.5% interest) 103 bbl/day 39 bbl/day$78,114$43,967Lloyd 1(18.75% interest) 142 bbl/day 27 bbl/day$53,608$2...

 PRESS RELEASE

Argo's Year-End 2024 Oil Reserves Report

Toronto, Ontario--(Newsfile Corp. - May 8, 2025) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") Year-End 2024 Reserves Report ("Reserves Report"), with an effective date of December 31, 2024, is summarized below. The Reserves Report was completed by Petrotech and Associates, an independent qualified reserves evaluator based in Calgary, Alberta, and was prepared in accordance with the Canadian Oil and Gas Evaluation Handbook ("COGE Handbook") and National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities ...

 PRESS RELEASE

Argo's February 2025 Oil Production

Toronto, Ontario--(Newsfile Corp. - May 6, 2025) - Argo Gold Inc.'s (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") February 2025 oil production was a total of 2,975 barrels for the month, averaging 106 barrels per day. Oil prices averaged CDN$73 per barrel and Argo's February oil revenue was $218,586 and net operating cash flow was $131,564.February 2025Oil ProductionArgo's interestArgo's Oil RevenueArgo's net operating cash flowLindbergh 1(37.5% interest) 105 bbl/day 39.5 bbl/day$81,344$55,953Lloyd 1(18.75% interest) 128 bbl/day 24 bbl/da...

 PRESS RELEASE

Argo Acquires Gold and Silver Mineral Claims in Saskatchewan

Toronto, Ontario--(Newsfile Corp. - April 11, 2025) - Argo Gold Inc. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") is entering into a mineral claim option agreement (the "Option") to acquire a 100% interest in the 1155-hectare Dreaver Lake property (the "Claim") located in the Rottenstone Belt in Saskatchewan. To exercise the Option and acquire the Claim, Argo must: (i) make a cash payment of C$1,000 (which has been made), (ii) incur or expend at least C$40,000 in exploration work by September 3, 2026 and (iii) grant to the vendor of the C...

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