Argo Gold is a Canadian mineral exploration and development company. The company’s core gold assets are high-grade gold projects in northwestern Ontario; Uchi Gold Project and Talbot Lake. In 2022, Argo branched out into oil development because of significant opportunities in the Canadian oil patch. In 2023, Argo participated in 3 development oil wells in the Lloydminster area of Alberta that are
all on production since December 2023. In 2024, Argo will likely continue to participate in development oil at its current oil projects, Lindbergh and Lloyd. At the Uchi Gold Project in the Red Lake district, there are multiple mineralized trends where Argo has identified high-grade gold mineralization at the Woco, Northgate and Raingold Zones. The Uchi Gold Project is considered to be highly prospective for additional high-grade gold mineralization at depth. There was a 25-year hiatus in exploration before Argo Gold initiated activity in 2017. In June 2020, Argo acquired the Talbot Lake Gold Project in the Pickle Lake district where there is a known 50,000 ounces at 14 g/t Au in quartz veins starting right at surface as well as known gold mineralization in the associated banded iron formation. At the Talbot Lake Gold Project, Argo has over 23 line kilometres of targets for banded iron formation type gold mineralization similar to the nearby Musselwhite Mine (over 20 years of 200,000 ounces annually). Prior to acquisition, the Talbot Lake Gold Project has been sitting dormant in a uranium company for over 20 years.
