Argo Gold Commences Drilling at the Uchi Gold Project 07-June-21
ARGO GOLD INC.
350 Bay Street, Suite 700
Toronto, Ontario M5H 2S6
FOR IMMEDIATE RELEASE S/O: 63,068,881
Argo Gold Commences Drilling at the Uchi Lake Gold Project
Toronto, CANADA, June 7 , 2021 – Argo Gold Inc. (“Argo Gold ”) (CSE: ARQ ) (OTCQB: ARBTF)
(FSE:P3U) has commenced drilling at the Uchi Lake Gold Project. A helicopter supported program
started in early June. All drill sites have been spotted and most drill pads are cut for a 2500 metre
drill program. The program is designed to test the down-dip continuity of high- grade gold results
returned from the 2020 channel sampling program as well as test reconnaissance targets along the
projected strike of known high-grade mineralization. The drill rig is currently at the Raingold Zone,
which has never been drilled, and one of the first targets will be to test down-plunge of the channel
intersection of 2.3 metres (true width) of 31.2 g/t Au which was returned from the 2020 field
exploration program.
Argo Gold initiated bedrock stripping, trenching, washing, geological mapping and channel sampling
at the Uchi Lake Gold Project in April 2021 and will continue in phases throughout the 2021 field
season. Objectives of the bedrock stripping and trenching are to expand and define known gold
mineralization, identify additional gold mineralization along the mineralized trends, and to follow-
up on the biogeochemical anomalies identified by the Summer 2019 biogeochemical s urvey that
covered 5 kilometres of strike length on the main mineralized trend. (Argo Gold news release
October 28, 2019).
Completion of LiDAR and Aerial Photography at Uchi Lake
Argo has also completed a LiDAR and Aerial Photography at Argo Gold’s Uchi Lake Project in the Red
Lake District. The data collection by Eagle Mapping covered 23.2 square kilometers consisting of 10
strips with > 50% overlap totalling 65 -line kilometers. The data provided by the survey are being
used to enhance the base map and assist with planning, access and execution of bedrock stripping,
trenching, washing, channel sampling, geological mapping , and drilling. The data is also useful in
identifying geophysical structures under c anopy allowing for visualization of resistant or recessive
lithologies, faults, and veins.
The Uchi Lake Gold Project
The exploration targets for the Uchi Gold Project area continues to be the narrow vein, high- grade
gold mineralization; a common economic model in the Canadian Shield where a series of high-grade
gold veins are mined using narrow vein mining methods.
William Kerr, P.Geo. , consulting geologist of 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.
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 recently added the Talbot Lake Gold
Project to its portfolio ; (Argo Gold news release June 11, 2020). Information on Argo Gold can be
obtained from SEDAR at www.sedar.com and on Argo Gold ’s website at www.argogold.ca . Argo
Gold is listed on the Canadian Securities Exchange ( www.thecse.com) CSE: ARQ, as well as OTCQB:
ARBTF and FSE: P3U.
For more information please contact:
Judy Baker, CEO
(416) 786-7860
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REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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update forward-looking information if circumstances or management's estimates or opinions should change
except as required by law. The reader is caut ioned 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.