Argonaut Gold

Website: www.argonautgold.com
Primary ticker: TSX:AR
Stage of development: Production, Development
Commodity: Gold
Project to promote: Three producing assets and three development projects

Live financials

Argonaut Gold currently produces over 200,000 gold ounces per year from three operating mines. The Company boasts a strong growth profile with three long-life, low-cost development stage assets. The long term goal of the Company is to become a 300,000 to 500,000 oz / year, low cost producer focused in North America.

Management Profile

Pete Dougherty, President & CEO – former CFO Meridian Gold, former FMC Gold

 

 

 

 

 


Dan Symons, Vice President, Investor Relations – former Romarco Minerals Inc, former Renmark Financial

 

 

 

 


What is your rationale for attending 121 Mining Investment?

Seeking to meet new investors to share our story. We feel we are under valued and want more investors aware of our company.

What recent news would you like to highlight to investors attending?

On track to achieve 65% production growth between 2017 and 2019. Recently set records for both quarterly and annual production. In 2018, the Company set a milestone by producing its millionth ounce of gold.

What is the focus of your management team for the next 12 months, and what are the key milestones you are looking to reach that you think will add value to the business?

3 Months:

Meet production and cost targets. Exploration at the Magino project.

6 Months:

Meet production and cost targets. Pre-feasibility study at the Cerro del Gallo project. Environmental permitting at both the Cerro del Gallo and San Antonio projects.

12 Months:

Generate strong free cash flow to fund the development of one of the projects in our development portfolio.

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Short mine life at one of our operations that will be overcome by the development of a new mine from our project portfolio.

What do you think makes your company such a compelling investment?

We currently have a market cap of US$350M. The value of our three development assets is over US$650M based on NI 43-101 Technical Reports. And we are currently producing over 200,000 ounces of gold per year from three operating mines. It’s clear as we unlock the value of our development asset portfolio, there is an opportunity for a large re-rate.