Wednesday, 22 December 2010

Argonaut Grabs 27.96 g/t Gold on its High Gold Property

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


Some grab samples from Argonaut Exploration's program are “eye grabbing”. Surface work conducted this year at the company’s High Gold Property in British Columbia turned up gold & silver values, and in some cases point to points of interest on the property.

Here are highlights of the sampling that program.

Argonaut also announced the third set of drill results from its targeted drill program on the molybdenum/copper porphyry also located on its High Gold property.

Here are the results.

These drill results are helping management define the size and potential value of the porphyry system on the company’s High Gold property, which is located 60 km northeast of Terrace, British Columbia. The lengths of the mineralized intersections and the area that this year’s drill program has covered, is giving management confidence that the molybdenum/copper porphyry system is quite sizable.

To view the full news release, please click here.

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