ARQ Argo Gold Inc

Argo's 2023 Oil Production

Toronto, Ontario--(Newsfile Corp. - May 1, 2024) - Argo Gold Inc.'s (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") total 2023 oil production was 17,553 barrels for the company's first year as an oil producer in the Lloydminster area of Alberta, Canada. Argo's 2023 oil revenue was $952,692 and the company's net operating cash flow for 2023 was $665,917.

Year 2023Argo's oil productionArgo's 2023
Oil Revenue		Argo's 2023 net
operating cash flow
Lindbergh 1, Lindbergh 2, Lloyd 117,533 barrels$952,692$665,917

 

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 Pink: 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.

Information Cautionary Statement
Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which filings are available.

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

EN
01/05/2024

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Reports on Argo Gold Inc

 PRESS RELEASE
Free
ARQ ARGO GOLD INC

Argo Oil Update

Toronto, Ontario--(Newsfile Corp. - September 17, 2024) - Argo Gold Inc. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") participated at its pro rata interest of 18.75% in a second horizontal oil well at Lloyd in the General Petroleum (GP) Formation. Lloyd 2 was drilled in late August, equipped in early September, and is now on production. Lloyd 2 is participation in a fourth oil well for Argo; in addition to Lindbergh 1, Lloyd 1 and Lindbergh 2. Development drilling of a third oil well at Lindbergh is planned for Q4 2024.About Argo Gold A...

September 17, 2024 1 EN
 PRESS RELEASE
Free
ARQ ARGO GOLD INC

Argo's July 2024 Oil Production

Toronto, Ontario--(Newsfile Corp. - September 9, 2024) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") July 2024 oil production was a total of 2,947 barrels for the month, averaging 95 barrels per day. Oil prices averaged CDN$81.79 per barrel and Argo's June oil revenue was $241,065 net operating cash flow was $161,982.July 2024Oil ProductionArgo's interestArgo's Oil RevenueArgo's net operating cash flowLindbergh 1(37.5% interest) 70 bbl/day26 bbl/day$66,746$43,884Lloyd 1(18.75% interest)184 bbl/day35 bbl/day$87,577$57,109...

September 9, 2024 1 EN
 PRESS RELEASE
Free
ARQ ARGO GOLD INC

Argo's June 2024 Oil Production

Toronto, Ontario--(Newsfile Corp. - August 15, 2024) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") June 2024 oil production was a total of 3,214 barrels for the month, averaging 107.5 barrels per day. Oil prices averaged CDN$80.85 per barrel and Argo's June oil revenue was $259,855 and net operating cash flow was $170,750.June 2024Oil ProductionArgo's interestArgo's Oil RevenueArgo's net operating cash flowLindbergh 1(37.5% interest) 105 bbl/day 39.5 bbl/day$96,065$67,273Lloyd(18.75% interest) 181 bbl/day 34 bbl/...

August 15, 2024 1 EN
 PRESS RELEASE
Free
ARQ ARGO GOLD INC

Argo's May 2024 Oil Production

Toronto, Ontario--(Newsfile Corp. - July 10, 2024) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") May 2024 oil production was a total of 3,375 barrels for the month, averaging 109 barrels per day. Oil prices averaged CDN$79.43 per barrel and Argo's May oil revenue was $268,111 and net operating cash flow was $175,732.May 2024Oil ProductionArgo's interestArgo's Oil RevenueArgo's net operating cash flowLindbergh 1(37.5% interest) 109 bbl/day 41 bbl/day$100,878$65,952Lloyd(18.75% interest) 200 bbl/day 37.5 bbl/day$92,...

July 10, 2024 1 EN
 PRESS RELEASE
Free
ARQ ARGO GOLD INC

Argo Announces Normal Course Issuer Bid

Toronto, Ontario--(Newsfile Corp. - June 25, 2024) - Argo Gold Inc. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") announces that it intends to initiate a normal course issuer bid ("NCIB") to purchase for cancellation, from time to time over a 12-month period starting June 27, 2024, common shares ("Common Shares") of the Company in an aggregate amount of up to 3,617,692 Common Shares, representing 5 percent of Argo's issued and outstanding Common Shares. The NCIB will end on June 26, 2025, unless the maximum number of Common Shares is purcha...

June 25, 2024 1 EN

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