Welcome to our dedicated page for Argo Gold news (Ticker: ARBTF), a resource for investors and traders seeking the latest updates and insights on Argo Gold stock.
Argo Gold Inc. (ARBTF) is a Canadian resource company actively engaged in mineral exploration and oil production. This page serves as the definitive source for verified news and official announcements related to the company’s operations across mining-friendly jurisdictions and Alberta-based energy assets.
Investors and stakeholders will find timely updates on strategic developments, including mineral claim acquisitions, drilling results, production data, and regulatory filings. Our curated news feed ensures access to all material disclosures, earnings reports, and operational milestones without promotional bias.
The repository includes press releases covering exploration progress in uranium-rich regions, oil well production updates, and compliance documentation aligned with Canadian resource sector standards. Content is rigorously verified to provide accurate insights into the company’s dual focus on energy production and mineral development.
Bookmark this page for streamlined tracking of ARBTF’s evolving strategy in Canada’s resource sector. Check back regularly for new filings and announcements that could impact your analysis of the company’s market position.
Argo Gold (ARBTF) has entered into an option agreement to acquire the 1155-hectare Dreaver Lake property in Saskatchewan's Rottenstone Belt. The acquisition terms include a C$1,000 cash payment, C$40,000 in exploration work by September 2026, and a 2% net smelter returns royalty.
The property features weakly anomalous gold and silver deposits and three undrilled conductors with magnetic highs. Historical data shows promising indicators, including nearby high-grade gold samples from the Cook Showing (79.96 g/t Au over 1.0 metre) and significant nickel intersections at the adjacent Gochager Lake property.
The Dreaver Lake property is strategically located 12 km southeast of the Ramp Metals Property, where recent drilling revealed significant gold mineralization of 73.55 g/t Au over 7.5 metres. Argo has initiated the permitting process for its mineral claims in the Rottenstone Belt, positioned in Saskatchewan, ranked third globally for mining investment attractiveness by the Fraser Institute.
Argo Gold (OTC: ARBTF) reported its oil production figures for early 2025. In January 2025, the company produced 3,541 barrels of oil, averaging 114 barrels per day, with oil prices averaging CDN$77.65 per barrel. This resulted in January oil revenue of $274,990 and net operating cash flow of $186,454.
For February 2025, Argo's oil production decreased to approximately 2,971 barrels, with a daily average of 106 barrels.
Argo Gold (OTC: ARBTF) reported its December 2024 oil production results, achieving a total output of 3,321 barrels for the month, averaging 107 barrels per day. The company secured an average oil price of CDN$72 per barrel, generating monthly revenue of $238,223 with net operating cash flow of $154,781.
The production came from multiple wells: Lindbergh 1 (37.5% interest) producing 40 bbl/day, Lloyd 1 (18.75% interest) at 30 bbl/day, Lindbergh 2 (37.5% interest) at 19 bbl/day, Lloyd 2 (18.75% interest) at 1 bbl/day, and Lindbergh 3 (18.75% interest) at 17 bbl/day. The company also noted that January production increased to approximately 3,554 barrels, averaging 115 barrels per day.
Argo Gold (ARBTF) has expanded its mineral claim position in the Rottenstone Belt, Saskatchewan by acquiring an additional 4,608 hectares through staking. The company's total position now encompasses 26,600 hectares of contiguous mineral claims, located 140 km North of La Ronge.
The area includes the historic Rottenstone Mine, which produced significant amounts of nickel, copper, and precious metals from 1965 to 1969, processing 28,724 tons of ore averaging 3.28% Nickel, 1.83% Copper, 4.70 g/t Platinum, 3.90 g/t Palladium, and 1.03 g/t Gold. Recent exploration in the area has yielded promising results, including Ramp Metals' discovery of high-grade gold (73.55 g/t over 7.5 metres) in June 2024.
Argo's claims cover strategic areas including anomalous copper in soils, electromagnetic conductors, ultramafic rocks, and the geological strike extension of the Rottenstone Mine. The company has also engaged marketing services through a 90-day contract worth CAD$15,000.
Argo Gold (ARBTF) reported its November 2024 oil production results, achieving 3,597 barrels for the month, averaging 120 barrels per day. With oil prices at CDN$72 per barrel, the company generated revenue of $258,042 and net operating cash flow of $153,014.
The company's production comes from multiple wells: Lindbergh 1 (37.5% interest) producing 45 bbl/day, Lloyd 1 (18.75% interest) at 30 bbl/day, Lindbergh 2 (37.5% interest) at 24 bbl/day, Lloyd 2 (18.75% interest) at 2.6 bbl/day, and Lindbergh 3 (18.75% interest) at 19 bbl/day.
The company noted that Lloyd 2 experienced a well bore collapse in late October, significantly reducing production. Despite repair attempts in November and December, production remains very low. December production decreased to 3,367 barrels, averaging 109 barrels per day.
Argo Gold (CSE: ARQ, OTC: ARBTF) has acquired the Thunderclap mineral claim in Saskatchewan's Athabasca Basin for $1,000 in cash. The 97-hectare claim expands Argo's uranium mineral claims to 16,059 hectares in the region. Thunderclap is strategically located near several major uranium operations, including McLean Lake, Rabbit Lake, and Cigar Lake mines.
Historical drilling in nearby areas has shown promising results, with uranium concentrations up to 0.13% eU3O8 over 4 metres and 0.17% U3O8 over 1.0 metre. The property is considered highly prospective but has never been drill-tested. Additionally, Argo has completed the previously announced acquisition of Thunderbolt and Zig Zag claims, issuing 500,000 common shares at $0.08 per share and paying $5,000 in cash.
Argo Gold reported its October 2024 oil production results, achieving 3,651 barrels for the month, averaging 118 barrels per day. The company generated oil revenue of $258,369 with net operating cash flow of $170,041, at average oil prices of CDN$71 per barrel.
The company's production comes from multiple wells: Lindbergh 1 (37.5% interest), Lloyd 1 (18.75% interest), Lindbergh 2 (37.5% interest), Lloyd 2 (18.75% interest), and Lindbergh 3 (18.75% interest). Notably, Lindbergh 3 began production in late October, while Lloyd 2 experienced operational issues with a collapsed horizontal well bore, leading to its shutdown in late November after producing 8,000 barrels from mid-September to late October.
Argo Gold has signed agreements to acquire uranium mineral claims in Saskatchewan's Athabasca Basin. The acquisition includes the Parker Lake claims (11,644 hectares), purchased for a 2% NSR royalty, and the Thunderbolt and ZigZag claims (4,318 hectares combined), acquired for $5,000 cash and 500,000 company shares.
The Parker Lake claims feature 69 radioactive boulders and a 30km stretch of the Parker Lake Shear Zone. The Thunderbolt claims are located near ISO Energy's Hurricane Deposit, while the ZigZag claims are situated along the Patterson Lake Shear Zone, on-trend with several significant uranium deposits. Saskatchewan ranks third globally for mineral exploration and mining according to the Fraser Institute.
Argo Gold reported its September 2024 oil production results, achieving a total of 3,565 barrels for the month, averaging 118 barrels per day. The company generated oil revenue of $241,198 with net operating cash flow of $163,738 at average oil prices of CDN$68 per barrel. Production came from four wells: Lindbergh 1 (37.5% interest), Lloyd 1 (18.75% interest), Lindbergh 2 (37.5% interest), and Lloyd 2 (18.75% interest). Lloyd 2 began production in mid-September, and the company participated in a third Lindbergh well (18.75% interest) that started production in late October.
Argo Gold Inc. (CSE: ARQ) (OTC Pink: ARBTF) has announced its participation in a second horizontal oil well, Lloyd 2, at the General Petroleum (GP) Formation. The company holds an 18.75% pro rata interest in this well, which was drilled in late August and is now in production. This marks Argo's fourth oil well participation, following Lindbergh 1, Lloyd 1, and Lindbergh 2. The company also revealed plans for the development drilling of a third oil well at Lindbergh in Q4 2024. This update demonstrates Argo's continued expansion in oil exploration and production activities, potentially impacting its future revenue streams and market position.
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