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ARQ.CN ·

Argo Gold Inc - Update - 30-Mar-20

Corporate Updates

ARGO GOLD INC.

350 Bay Street, Suite 700

Toronto, Ontario M5 H 2S6

FOR IMMEDIATE RELEASE S/O: 5 1 , 4 97,349

Argo Gold Update

Toronto, CANADA, March 2 9 , 20 2 0 – Ar go Gold Inc. (“Ar go Gold ” or the “Company”) announces that

Peter Mah has resigned a s President and Director to pursue other opportunities. The Company would

like to thank Mr. Mah for his service and wishes him well in his future endeavours.

About Argo Gold Inc.

Argo Gold is a Canadian mineral exploration and development company, focused on gold exploration

projects in central and northwestern Ontario. Argo Gold’s flagship Uchi Gold Project is comprised of 22

km 2 of multiple mineralized trends and widespread gold mineralization. High grade gold intercepts from

the Company’s winter 2019 drilling program include 132 g/t Au over 1.8 metres at the Woco Vein. All of

the Company’s projects are 100% owned and have the potential for economic mineralization.

Informatio n relating to the Company and its properties can be obtained from SEDAR at www.sedar.com

a nd on the Company’s website www.argogold.ca .

For more information please contact:

Judy B aker

CEO

[email protected]

( 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

character ized 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 esti mates 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 for ward - 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 unc ertainties that could affect financial results is contained in the Company’s filings

with Canadian securities regulators, which filings are available at www.sedar.com .