ARGONAUT GOLD ANNOUNCES THE COLLEGIATE TRIBUNAL HAS RULED TO REINSTATE THE EXPLOSIVES PERMIT AT THE LA COLORADA MINE

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Toronto, Ontario – (June 29, 2018) Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) is pleased to announce that the Collegiate Tribunal (an arm of the State Supreme court that is tasked with overseeing the Judiciary court) has unanimously ruled to lift the suspension of the explosives permit at the La Colorada mine (see press releases dated April 12, 2018, April 17, 2018, April 27, 2018, May 17, 2018 and June 5, 2018).  The ruling directs that the Secretary of National Defense (“SEDENA”) reinstate the explosives permit.

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