Argonaut Gold Announces First Quarter 2016 Production of 32,154 Gold Equivalent Ounces

http://www.marketwired.com/press-release/argonaut-gold-announces-first-quarter-2016-production-32154-gold-equivalent-ounces-tsx-ar-2114859.htm

TORONTO, ONTARIO–(Marketwired – April 14, 2016) – Argonaut Gold Inc. (TSX:AR) (“Argonaut”, “Argonaut Gold” or the “Company”) is pleased to announce production of 32,154 gold equivalent ounces (“GEO” or “GEOs”) during the first quarter ended March 31, 2016. All dollars in this news release are expressed in U.S. dollars, unless otherwise noted.

Total GEO Production: Q1 2016 Q4 2015 Change
GEOs loaded to the pads1 51,002 55,769 (9%)
GEOs projected recoverable1,2 27,856 28,823 (3%)
GEOs produced1 32,154 30,399 6%
GEOs sold1 30,012 29,337 2%

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