Toronto, Ontario--(Newsfile Corp. - July 21, 2025) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") May 2025 oil production was a total of 2,725 barrels for the month, averaging 88 barrels per day. Oil prices averaged CDN $61.50 per barrel and Argo's May oil revenue was $167,534 and net operating cash flow was $84,600.
| May 2025 | Oil Production | Argo's interest | Argo's Oil Revenue | Argo's net operating cash flow |
| Lindbergh 1 (37.5% interest) | 91 bbl/day | 34 bbl/day | $65,101 | $34,490 |
| Lloyd 1 (18.75% interest) | 91 bbl/day | 17 bbl/day | $33,938 | $13,212 |
| Lindbergh 2 (37.5% interest) | 50 bbl/day | 19 bbl/day | $35,914 | $16,829 |
| Lloyd 2 (23.077% interest) | 12 bbl/day | 3 bbl/day | $4,335 | $559 |
| Lindbergh 3 (18.75% interest) | 79 bbl/day | 15 bbl/day | $28,246 | $15,509 |
| May 2025 Total | 88 bbl/day | $167,534 | $84,600 | |
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.
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