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"Friendly aquisition" of Prodigy Gold (Oct. 2012) / > 100k ounces in 2012

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Message: Argonaut Gold Announces Positive Feasibility Study for its Magino Project

This is much more than just a "Positive Feasibility Study."

It is the FIRST Feasibility Study after at least 4 Pre-feasibility Studies dating back to when Prodigy owned the Magino property in 2012.

The extensive drilling has proven this to be a profitable open pit mine.  Argonaut is very conservative with the extents of profitable ore extraction.  Look at the adjacent mining operations of Richmont Mines (RIC.TO).  They are following multiple veins, some giving them over 10 oz./ton, which extend underground toward Magino.  

There have been strong indications for years that Magino has "the goods" at depth and getting there can be accomplished with this profitable open pit operation.

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