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ARQ.CN ·

Argo's February Oil Production

Argo's February Oil Production

Toronto, Ontario--(Newsfile Corp. - April 28, 2026) - Argo Gold Inc's.

(CSE: ARQ) (OTC Pink: ARBTF)

(XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS)

("

Argo

" or the "

Company

") February 2026

oil production was 1,856 barrels, averaging 66 barrels per day.

Oil prices averaged CAD$61 per barrel,

and Argo's oil revenue was $113,567 and net operating cash flow was $64,819.

February 2026

Oil Production

Argo's interest

Argo's Oil Revenue

Argo's net operating cash flow

Lindbergh 1

(37.5% interest)

83 bbl/day

31 bbl/day

$53,912

$33,828

Lloyd 1

(18.75% interest)

71 bbl/day

13 bbl/day

$22,368

$12,474

Lindbergh 2

(37.5% interest)

32 bbl/day

12 bbl/day

$20,432

$10,099

Lindbergh 3

(18.75% interest)

52 bbl/day

10 bbl/day

$16,856

$8,418

February 2026 Total

66 bbl/day

$113,567

$64,819

As previously disclosed, the partial redrill of Lloyd 2 (Argo's interest 23.077%) was completed and the

collapsed oil well was successfully brought back online in early March 2026.

Argo Gold's March 2026 oil

production was 2,630 barrels, averaging 85 barrels per day.

About Argo Gold

Argo Gold is a Canadian mineral exploration and development company, and an oil producer.

Information on Argo Gold can be obtained from SEDAR at

www.sedarplus.ca

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 OTC:

ARBTF

and XFRA, XSTU, XBER:

A2ASDS.

Judy Baker, CEO

(416) 786-7860

[email protected]

www.argogold.com

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES

PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR

ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/294571