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ARQ.CN ·

Argo's October Oil Production

Corporate Updates

Argo's October Oil Production

Toronto, Ontario--(Newsfile Corp. - December 22, 2025) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink:

ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("

Argo

" or the "

Company

") October

2025 oil production was 1,800 barrels, averaging 58 barrels per day.

Oil prices averaged CAD$59 per

barrel, and Argo's oil revenue was $107,021 and net operating cash flow was $57,435.

October 2025

Oil Production

Argo's interest

Argo's Oil Revenue

Argo's net operating cash flow

Lindbergh 1

(37.5% interest)

52 bbl/day

20 bbl/day

$35,729

$22,012

Lloyd 1

(18.75% interest)

73 bbl/day

14 bbl/day

$25,041

$13,142

Lindbergh 2

(37.5% interest)

43 bbl/day

16 bbl/day

$25,841

$11,125

Lindbergh 3

(18.75% interest)

60 bbl/day

11 bbl/day

$20,410

$11,156

October 2025 Total

58 bbl/day

$107,021

$57,435

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/278808