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3 stories mentioning ARQ.CNUpdated 7d ago

Every FINWIRES story that references ARQ.CN, newest first.

Mining & Metals

Argo Gold April Oil Revenue Rises From March

Argo Gold (ARQ.CN) on Thursday reported April oil production of 2,290 barrels, averaging 76 barrels per day.March oil production was 2,630 barrels, averaging 85 barrels per day. Oil revenue increased to $253,405 in April compared with $248,468 in the prior month.Oil prices averaged C$111 per barrel, it said. Net operating cash flow was $145,260.Shares of the company were last seen unchanged at $0.105 on the Canadian Securities Exchange.

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Mining & Metals

Argo Gold February Oil Production Decreases From Prior Month

Argo Gold (ARQ.CN) on Tuesday reported February oil production of 1,856 barrels, averaging 66 barrels per day.The company's oil revenue was $113,567 and net operating cash flow was $64,819 in the month. Its January oil production totaled 2,254 barrels, averaging 73 bpd.Shares of the company were last seen down $0.01 to $0.085 on the Canadian Securities Exchange.Price: $0.09, Change: $-0.01, Percent Change: -10.53%

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Mining & Metals

Argo Gold Receives a Mineral Exploration Permit For The Uchi Gold Project

Argo Gold (ARQ.CN) on Thursday said it received a mineral-exploration permit for the Uchi Gold project in northwestern Ontario.The company said its 2021 exploration program at the 25-square kilometer property extended the strike length of the mineralized zones at Woco to 400 meters, at Northgate to 500 meters and at Raingold a new zone of mineralization was identified 100 meters east of Raingold. Drill results at Woco include 132.3 grams per tonne (g/t) gold (Au) over 1.8 meters at 88 meters and 20.4 g/t Au over 0.5 meters at 107 meters.It also said that at Northgate, the known gold mineralization has a strike length of about 500 meters. Drill hole AGN-21-024 intersected 26.26 g/t Au over 2.65 meters, drill hole AGN-21-025 intersected 9.24 g/t Au over 0.95 meters and drill hole AGN-21-30 located 225 meters northeast of the main Northgate area intersected 22.7 g/t Au over 1.15 meters.Shares of the company were last seen up $0.005 to $0.09 on the Canadian Securities Exchange.

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