Argonaut Gold Provides El Castillo Mine Update

El-Castillo-blockade-FINAL

TORONTO, Oct. 29, 2019 /CNW/ – Argonaut Gold Inc.(TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) announces that the El Castillo mine is subject to an illegal blockade.  At this time, leaching and gold absorption operations are continuing and metal production has not been impacted.

The Company has a legal and binding agreement in place with Atotonilco ejido that was signed and recognized by both the Atotonilco ejido and the Mexican government in 2012 and runs through 2022.  The Company understands that certain members of the Atotonilco ejido are seeking to amend the binding agreement in a manner inconsistent with the existing agreement and the law.

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