Toronto, Ontario – (April 27, 2018) Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) reports that the court hasrescheduled the hearing pertaining to Argonaut’s explosive permit at its La Colorada mine to May 16, 2018 (see press releases dated April 12, 2018 and April 17, 2018). After a thorough review of previously blasted ore in the pits, ore stockpiles and the ability to mine certain areas without requiring blasting, the Company estimates it has sufficient ore to continue operations until the end of July at its budgeted crushing throughput level of 12,000 tonnes per day.