Argo's 2023 Oil Production

Argo Gold Inc. reported a total 2023 oil production of 17,553 barrels in their first year as an oil producer in Alberta, Canada.

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Argo Gold Inc. reported a total 2023 oil production of 17,553 barrels in their first year as an oil producer in Alberta, Canada. The company's 2023 oil revenue reached $952,692 with a net operating cash flow of $665,917.

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05/01/2024 - 11:25 AM EDT

Toronto, Ontario--(Newsfile Corp. - May 1, 2024) - Argo Gold Inc.'s (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") total 2023 oil production was 17,553 barrels for the company's first year as an oil producer in the Lloydminster area of Alberta, Canada. Argo's 2023 oil revenue was $952,692 and the company's net operating cash flow for 2023 was $665,917.

Year 2023	Argo's oil production	Argo's 2023 Oil Revenue	Argo's 2023 net operating cash flow
Lindbergh 1, Lindbergh 2, Lloyd 1	17,533 barrels	$952,692	$665,917

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 Pink: ARBTF and XFRA, XSTU, XBER: A2ASDS.

Judy Baker, CEO
(416) 786-7860
jbaker@argogold.ca
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.

Information Cautionary Statement
Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which filings are available.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/207600