Transformation Strategy

Argonaut's vision and strategy for the next few years is to transition our production and cost profile while minimizing equity dilution, through the sustainable growth and replacement of ounces. While continuing to focus on building our balance sheet and de-risking our development assets, our strategy for maximizing our cost efficiencies and profitability will put Argonaut in a solid position to transform from a high-cost producer, to a low-cost intermediate producer. Our transformation strategy is illustrated below:

Argonaut's Transformation Strategy

Executing Our Strategy - Our 3-Phase Approach

Executing on our transformation is outlined by our 3-Phase Approach below: