Argonaut Gold Denied Environmental Permit for its San Antonio Project

http://www.marketwired.com/press-release/-2183871.htm

TORONTO, ONTARIO–(Marketwired – Dec. 16, 2016) – Argonaut Gold Inc. (TSX:AR) (the “Company”, “Argonaut Gold” or “Argonaut”) announces that, in response to the recent favourable federal court of appeal ruling (see press release dated July 28, 2016), the Mexican Environmental Authority (“SEMARNAT”) has denied the Environmental Impact Assessment (Manifiesto de Impacto Ambiental or “MIA”) for its San Antonio project in Baja California Sur, Mexico.

SEMARNAT cited the reasons for not approving the MIA as requiring additional information regarding potential identification, description and impacts to the environment; additional information on the construction, operation and closure plans for the project; and additional information regarding the impact on the local aquifer. The Company believes that this information is readily available and it has the ability to respond swiftly.

Leave a Reply