Wednesday, 11 August 2010

The drills are turning at Argonaut’s High Gold property

Argonaut Exploration
Shares Outstanding - 25.2 Million
Fully Diluted - 35.9 Million

Argonaut Exploration is enthusiastic about its 2010 exploration program on its High Gold property, which is located in the heart of a known mineralized zone just outside of Smithers British Columbia, Canada.

Here’s a summary of this year’s exploration program

• The program features 2,500 metres of drilling, 20 kilometres of Induced Polarization (the use of electrical charges to identify subsurface materials such as ore) and magnetometer geophysical surveys and geological mapping

• The High Gold property is adjacent to very large defined porphyry systems and mineralized zones

• The property has exceptional infrastructure

• Historical rock sampling on High Gold contained 1.2 grams per tonne to 29.7 grams per tonne of Gold

• The company has enough working capital to complete this year’s exploration program
To read the full news release, please click here

To read the full news release, please click here