Tuesday, 9 November 2010

Argonaut Intersects 303 metres of Copper, Molybdenum and Gold

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


Today Argonaut Exploration announced the second set of drill results from its 2010 exploration program on its High Gold property, 45 kilometres west of the town of Smithers, British Columbia.

Management believes this property is demonstrating mineral values associated with a large and economic copper molybdenum porphyry system. “The fact that the deposit is located 18 kilometres from a major highway with power and rail services should cause the industry to take note of a significant new discovery.”

Four holes were published, two from this year’s program and two holes that were resampled from an unpublished drill core extracted in the 1970’s.

Drilling highlights include:

To read the full news release, please click here.