Argo Gold Stakes Copper Exploration Mineral Claims in the Marshall Lake Area
Argo Gold Stakes Copper Exploration Mineral
Claims in the Marshall Lake Area
Toronto, Ontario--(Newsfile Corp. - April 20, 2022) - Argo Gold Inc.
(CSE:
ARQ
), (OTCQB:
ARBTF
) and
(XFRA, XSTU, XBER:
A2ASDS
) ("
Argo Gold
") has staked copper exploration mineral claims in the
Marshall Lake Area located 250 kilometres north of Thunder Bay, Ontario.
The four claim blocks cover 50 square kilometres that is prospective for copper mineralization indicated
by known sulphide mineralization present in the area Marshall assemblage.
(Map 1).
Map 1: Argo Gold copper claims
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/3921/120951_345989f9747cfbef_001full.jpg
The
SW Claim Block
is on the NE -SW trend line of local faults and is possibly down dip of the east
dipping F2 fold.
The
North Claim Block
is underlain by the Marshall assemblage, multiple faults, the F1
fold and the gabbroic intrusion associated with known mineralization in the camp.
The
East Claim
Block
covers the F2 fold extension associated with the trend of notable VTEM anomalies.
The
SE
Claim Block
has historic drill holes intersecting the lithology similar to Marshall Lake including sulphides
with 12 historic assessment reports assaying for nickel and copper.
Warren Hawkins, P.Eng, consulting engineer for Argo Gold, is the Qualified Person, as defined by
National Instrument 43-101, who has approved the scientific and technical disclosure in this news
release. Mr. Hawkins is independent of Argo Gold as he presently holds no securities of the Corporation.
About Argo Gold
Argo Gold is a Canadian mineral exploration and development company, focused on gold exploration at
the Uchi Gold Project in the Red Lake District.
Argo Gold added the Talbot Lake Gold Project to its
portfolio in June 2020.
Information on Argo Gold can be obtained from SEDAR at
www.sedar.com
and
on Argo Gold's website at
www.argogold.com
.
Argo Gold is listed on the Canadian Securities Exchange
(
www.thecse.com
) (CSE:
ARQ
), as well as (OTCQB:
ARBTF
) and (XFRA, XSTU, XBER:
A2ASDS
).
For more information please contact:
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.
Forward-Looking Information Cautionary Statement
Except for statements of historic fact, this news release contains certain "forward-looking information"
within the meaning of applicable securities law.
Forward-looking information is frequently
characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate"
and other similar words, or statements that certain events or conditions "may" or "will" occur.
Forward-
looking statements are based on the opinions and estimates at the date the statements are made,
and are subject to a variety of risks and uncertainties and other factors that could cause actual events
or results to differ materially from those anticipated in the forward-looking statements including, but not
limited to delays or uncertainties with regulatory approvals, including that of the CSE.
There are
uncertainties inherent in forward-looking information, including factors beyond the Company's control.
The Company undertakes no obligation to update forward-looking information if circumstances or
management's estimates or opinions should change except as required by law.
The reader is
cautioned not to place undue reliance on forward-looking statements.
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
https://www.newsfilecorp.com/release/120951