Overview

Argonaut Gold is a Canadian gold mining producer with three operating mines and three advanced development projects. Argonaut’s portfolio of gold operations include the 100% owned El Castillo mine and San Agustin mine, which together form the El Castillo Complex in Durango, Mexico and the 100% owned La Colorada mine in Sonora, Mexico. Advanced development stage projects include the San Antonio gold project in Baja California Sur, Mexico, the Cerro del Gallo project in Guanajuato, Mexico and the Magino project in Ontario, Canada. Argonaut Gold’s experienced management team is focused on optimizing operations to improve company performance for creating value.

2019 Guidance    is for 200,000-215,000 gold equivalent ounces (GEOs)(1) at cash costs(2,3)  between $775-$875 and all-in sustaining costs(2,3)  between $875 - $975 per ounce sold.

(1) GEO is based on a conversion ratio of 70:1 (2017 & 2018) and 75:1 (2019) for silver to gold ounces. The conversion ratios are based on three year trailing average silver to gold exchange ratio.
(2) Assumes a MXN:USD exchange rate of 20:1.
(3) See Disclaimer for Non-IFRS measures.