Toronto, Ontario--(Newsfile Corp. - November 11, 2025) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") 2025 oil production – January 1, 2025 to September 30, 2025 – was a total of 24,003 barrels, averaging 88 barrels per day. Oil prices averaged CAD$68 per barrel, and Argo's oil revenue was $1,631,714 and net operating cash flow was $913,157.
Lloyd 2 collapsed after six weeks of production in Q4 2024 and after 6 months of almost no oil production was shut down in June 2025. As a result of low oil prices, the partial re-drill of Lloyd 2 and the planned drilling of Lloyd 3 were not completed in 2025.
Monthly oil production for June, July, August and September 2025 are below.
| June 2025 | Oil Production | Argo's interest | Argo's Oil Revenue | Argo's net operating cash flow |
| Lindbergh 1 (37.5% interest) | 72 bbl/day | 27 bbl/day | $57,633 | $28,394 |
| Lloyd 1 (18.75% interest) | 79 bbl/day | 15 bbl/day | $31,603 | $3,685 |
| Lindbergh 2 (37.5% interest) | 43 bbl/day | 16 bbl/day | $33,343 | $3,283 |
| Lindbergh 3 (18.75% interest) | 89 bbl/day | 17 bbl/day | $33,490 | $22,127 |
| June 2025 Total | 75 bbl/day | $156,069 | $57,489 | |
| July 2025 | Oil Production | Argo's interest | Argo's Oil Revenue | Argo's net operating cash flow |
| Lindbergh 1 (37.5% interest) | 74 bbl/day | 28 bbl/day | $62,098 | $30,933 |
| Lloyd 1 (18.75% interest) | 81 bbl/day | 15 bbl/day | $33,934 | $27,754 |
| Lindbergh 2 (37.5% interest) | 56 bbl/day | 21 bbl/day | $46,402 | $29,699 |
| Lindbergh 3 (18.75% interest) | 86 bbl/day | 16 bbl/day | $35,868 | $23,956 |
| July 2025 Total | 80 bbl/day | $178,304 | $112,342 | |
| August 2025 | Oil Production | Argo's interest | Argo's Oil Revenue | Argo's net operating cash flow |
| Lindbergh 1 (37.5% interest) | 47 bbl/day | 18 bbl/day | $33,436 | $7,106 |
| Lloyd 1 (18.75% interest) | 76 bbl/day | 14 bbl/day | $28,896 | $16,389 |
| Lindbergh 2 (37.5% interest) | 46.5 bbl/day | 17.5 bbl/day | $37,982 | $24,105 |
| Lindbergh 3 (18.75% interest) | 86 bbl/day | 16 bbl/day | $32,647 | $20,267 |
| August 2025 Total | 65.5 bbl/day | $132,961 | $67,867 | |
| September 2025 | Oil Production | Argo's interest | Argo's Oil Revenue | Argo's net operating cash flow |
| Lindbergh 1 (37.5% interest) | 53 bbl/day | 20 bbl/day | $37,333 | $22,579 |
| Lloyd 1 (18.75% interest) | 76 bbl/day | 14 bbl/day | $26,789 | $14,740 |
| Lindbergh 2 (37.5% interest) | 43 bbl/day | 16 bbl/day | $30,297 | $17,955 |
| Lindbergh 3 (18.75% interest) | 83 bbl/day | 15.5 bbl/day | $29,314 | $18,202 |
| September 2025 Total | 65.5 bbl/day | $123,733 | $73,475 | |
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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