breaking new ground for high-grade discover y
TRANSCRIPT
B r e a k i n g N e w G r o u n d
f o r H i g h - G r a d e
D i s c o v e r y
October 2020CSE: ARQ | OTC: ARBTF | FSE: P3U
This presentation may contain forward-looking statements that involve a number of risks and uncertainties,
including statements regarding the outlook for the Company’s business and operational results. By nature,
these risks and uncertainties could cause actual results to differ materially from what has been indicated.
Risk factors that could cause actual results to differ materially from any forward-looking statement include,
but are not limited to variations in the nature, quality and quantity of any mineral deposits that may be
located, being unsuccessful in establishing mineral resources and reserves, inability to produce minerals
from its properties successfully or profitably, capital and operating costs varying significantly from estimates,
delays or failure in obtaining governmental, environmental or other project approvals and being unable to
raise the necessary capital or to be fully able to implement its business strategies. Forward looking
statements are made based on management's beliefs, estimates, assumptions and opinions on the date the
statements are made. Although the Company believes that such statements are reasonable, it can give no
assurance that such expectations will prove to be correct and the Company undertakes no obligation to
update publicly or otherwise revise any forward-looking information as a result of new information, future
results or other such factors that affect this information, except as required by law.
F o r w a r d L o o k i n g S t a t e m e n t
- 2 -CSE: ARQ | OTC: ARBTF | FSE: P3U
F o c u s e d i n N W O n t a r i o
- 3 -CSE: ARQ | OTC: ARBTF | FSE: P3U
Argo Gold’s gold exploration projects are in the prolific NW Ontario Uchi Gold Belt
and have known high-grade gold mineralization with multi ounces per tonne
intercepts and known high-grade gold resources
CSE: ARQ | OTC American: ARBTF
Michipicoten, Iron Lake, Mishibishu Lake Greenstone Belts
Argo Gold’s Macassa Creek, Abbie Lake, Mishi Lake
Gold Producers Northwest Ontario
Company Property Production Life 2018 Pdn.* 2017 Pdn. 2016 Pdn.
Gold
Reserves
Newmont
GoldcorpRed Lake Mines > 100 Years 235,000 209,000 324,000 2,100,000
Newmont
Goldcorp
Musselwhite > 20 Years 265,000 236,000 261,000 2,300,000
Small High Grade Gold Mines Continue To Produce In Ontario
Company Property Production Life 2018 Pdn. 2017 Pdn. 2016 Pdn.
Gold
Reserves
Wesdome Eagle > 20 Years 67,315 58,980 47,737 416,000
Mishi O/P > 5 Years 4,310 7,985 7,485 102,000
Alamos Island Gold > 10 Years 105,800 98,600 83,323 887,000
* Production Estimates
I n v e s t m e n t H i g h l i g h t s - P r o j e c t
- 5 -CSE: ARQ | OTC: ARBTF | FSE: P3U
2 0 0 Y E A R S O F C O M B I N E D
E X P LO R AT I O N A N D
D I S C OV E RY E X P E R I E N C E
Judy Baker, B.Sc., MBA, – CEO
Pedro Villigran Garcia , B.Sc., MBA, – Vice President
Bill Kerr, B.Sc, P.Geo – Team
Dr. Jay Hodgson, B.Sc, M.Sc, PhD – Team
Delio Tortosa, M.Sc, P.Eng – Team
Josh Pellitier, B.Sc., M.Sc., P,Geo - Team
Kenneth Williamson, M.Sc, P.Geo - Team
Bryan Sinkunas, M.Sc.– Team
John Walmsley, B.Sc. – Team
Jonathan Armes, B.Sc. – Director
George Langdon, B.Sc, M.Sc., PhD – Director
Reinhard Schu – LL.B. - Director
Chris Wardrop - LL.B.. – Director
I n v e s t m e n t H i g h l i g h t s
E x p e r i e n c e d T e a m
- 6 -CSE: ARQ | OTC: ARBTF | FSE: P3U
CSE: ARQ | OTC: ARBTF | FSE: P3U
I n v e s t m e n t H i g h l i g h t s
C a p i t a l S t r u c t u r e
- 7 -
Shares Outstanding: 52,847,349
Warrants ($0.12, Feb ‘23): 11,200,000
Options ($0.15 - $0.27): 5,000,000
52-Week High/Low: $0.35 / $0.04
20% - Eric Sprott
10% - Accilent Capital & Northfield Capital)
10% - Team:
› A Chellow Vein outcrop
averages 28 g/t gold over
a 70 metres of strike
length on 2 metre
channel sampling
intervals.
› Located 30 km NW of
past-producing Golden
Patricia Mine (600,000
ounces @ 14 g/t Au).
› Bear Head Fault Zone
cuts the SW margin of the
25 km2 project area of
folded volcanic rocks and
area porphyries.
› Mineralization includes
lode gold, epithermal and
porphyry. Mineral occurrences and alteration types, Lang Lake GB (modified after Magnus, 2014)
M c V i c a r L a ke G o l d P ro jec t
- 8 -CSE: ARQ | OTC: ARBTF | FSE: P3U
Ta l b o t L a k e G o l d P r o j e c t
- 9 -CSE: ARQ | OTC: ARBTF | FSE: P3U
Talbot Lake is
located 70 km east
of Pickle Lake in
the prolific Uchi
Geologic
Subprovince
The Talbot Lake
Gold Project has
known high-grade
gold mineralization
of approximately
50,000 ounces @
14 gpt gold
Volcanics with
prolific banded iron
formations that
also have known
gold mineralization
and are targets for
another
Musselwhite
› Multi-million ounce gold deposits
across the Red Lake and Birch Uchi
Greenstone Belts
› Decades of gold production among
active and past mines
› Gold production at depth with Red
Lake Mine Depths to +3000 m
› Confederation Volcanics overlie the
Red Lake Balmer volcanics
› Gold Producers: NEM GC Red Lake
Mines
› Gold Developers: Pure Gold, Rubicon
and First Mining
› Gold Explorers: Great Bear spurred
exploration rush
RED LAKE and BIRCH UCHI GREENSTONE BELTS
U c h i L a k e G o l d P r o j e c t
G R E A T B E A R
D I X I E
P R O J E C T
A R G O G O L D
U C H I G O L D
P R O J E C T
- 10 -CSE: ARQ | OTC: ARBTF | FSE: P3U
Uchi Gold
Project
(4.9 M oz Au)
B i r c h - U c h i G r e e n s t o n e B e l t
M u l t i - m i l l i o n - o u n c e d e p o s i t s
CSE: ARQ | OTC: ARBTF | FSE: P3U- 11 -
Red Lake
Criteria
Great Bear
Resources: Dixie Argo Gold: Uchi
Geology Confederation
Sequence
Confederation Sequence
Structure Proximal to major
structure
Proximal to major
structure
Mineralization Quartz Vein System Quartz Vein System
Overburden Approx. 2 metres Approx. 3 metres
Outcrop Little to none Little to none
U c h i L a k e D e f o r m a t i o n Z o n e
A r g o G o l d ’ s U c h i G o l d P r o j e c t
a n d G r e a t B e a r ’ s D i x i e
Uchi Gold
Project
CSE: ARQ | OTC: ARBTF | FSE: P3U- 12 -
H I G H - G R A D E
› 132 g/t Au over 1.8 metres
› 139 g/t Au over 2.1 metres
› 65 g/t Au over 1.83 metres
› 62 g/t Au over 3.6 metres
› The Uchi Gold Project is 22 square kilometres of 100%
owned mineral claims
› Adjacent to 4 past-producing underground gold mines
› Uchi Geological Subprovince of greenstone belts is the
second most endowed gold belt in the Canadian Shield
and hosts many multi-million ounce deposits
› The Uchi Gold Project is in a corridor that is 5 kilometres
along strike and several kilometres wide
› Widespread gold mineralization and multiple mineralized
structures
› The Uchi Gold Project has known High-Grade Gold
Mineralization at Woco, Northgate and Raingold
› Biogeochemical gold anomalies are expanding known gold
mineralization – Woco Vein structure now 280 metres
› Close to infrastructure including the South Bay Mine Road
and a power line crosses the project
› Both Argo Gold’s Uchi Gold Project and Great Bear’s Dixie
Project are in the same volcanic stratigraphy – the
Confederation Volcanics and proximal to a major
structural boundary
I n v e s t m e n t H i g h l i g h t s
U c h i G o l d P r o j e c t
- 13 -CSE: ARQ | OTC: ARBTF | FSE: P3U
x
RainGold
Uchi Gold Project
U c h i G o l d P ro j e c t
M i n e r a l C l a i m s
› 22 square kilometres; 100% owned- 14 -
CSE: ARQ | OTC: ARBTF | FSE: P3U
Uchi Gold Corridor
Barrick Patents
Argo Gold Claims
Past Au Producer(with reserves)Past Au Producer(without reserves)
Prospect
Occurrence
Historical Au Vein
AEM Conductor &Conductive Zone
Argo Gold
Property
South
Bay
(Zn,Cu) Grassett Mine
(Au)
HST Zone
(Au)
Bobjo Mine
(Au)
Jalda Mine
(Au)
Hanalda
Mine
(Au)
Uchi Mine
(Au)Woco Vein
(Au)
Northgate
Zone
(Au)
Raingold
(Au)
› Uchi Gold Corridor is 5 kilometres of strike length and several kilometres wide.
› Multiple mineralized trends Widespread gold mineralization.
U c h i G o l d P r o j e c t
G o l d M i n e r a l i z a t i o n C o r r i d o r
CSE: ARQ | OTC: ARBTF | FSE: P3U- 15 -
Barrick Patents
Argo Gold Claims
Past Au Producer(with reserves)
Past Au Producer(without reserves)
Prospect
Occurrence
Historical Au Vein
AEM Conductor &Conductive Zone
U c h i G o l d P r o j e c t
G o l d M i n e r a l i z a t i o n C o r r i d o r
Uchi Gold Corridor
Argo Uchi Gold
Property
CSE: ARQ | OTC: ARBTF | FSE: P3U - 16 -
› Woco Gold is a high-grade gold vein shoot in a brittle fracture
system with a historical resource of 27,000 ounces at a grade
of 0.33 oz./ton Au drilled to 200 metres. Argo Gold confirmed
mineralization in Winter 2019 drill program with intercepts
including 132 g/t Au over 1.8 metres
› Northgate Gold is a shear-hosted gold vein system with a
historical resource of 18,000 ounces at a grade of 0.28
oz/ton Au defined by drill campaigns in 1937 and 1952. Argo
Gold confirmed mineralization in Winter 2019 drill program
with intercepts including 34.4 g/t Au over 0.5 metres
› Raingold is a shear-hosted gold vein system where a 1930’s
trench reported 8.1 g/t Au over a strike length of 122 metres
and 2.1 metre width. The Summer 2019 field program,
identified anomalous gold assays over 600 metres of strike
length and a continuous chip of five samples of 14.5 g/t Au
across 2.6 metres
› Known mineralization associated with outcrop. Minimal
outcrop given widespread overburden of 1 to 3 metres. The
Summer 2019 Biogeochem Survey identified multiple blind
gold anomalies at the Uchi Gold project
TWO KILOMETRES of PROSPECTIVE STRIKE LENGTH between WOCO and NORTHGATE
x
RainGold
Uch i G o ld P ro j ec t
CSE: ARQ | OTC: ARBTF | FSE: P3U - 17 -
H I G H - G R A D E
› Woco Gold is a high-grade gold vein shoot in a
brittle fracture system with a historical resource of
27,000 ounces at a grade of 0.33 oz./ton Au
drilled to 200 metres; defined by a 1993-1994
drill program by St. Jude Resources.
› Argo Gold confirmed Woco gold mineralization
with drill intercepts including 132 g/t gold Au over
1.8 metres in the Winter 2019 drill program.
› Believed to be part of a bigger deep-seated
system in the Uchi Gold Corridor and the down
plunge extension remains too be tested
› Higher grade might be related to dacite thickness
in hanging wall
› Correlation between grade and vein thickness
› Trench grades at surface requires further surface
clearing, mapping and sampling
› Structure hosting Woco Vein now 280 metres
› Known gold BioGeoChem anomaly located 150
metres SSE of the Woco Vein
Woco G o ld
CSE: ARQ | OTC: ARBTF | FSE: P3U - 18 -
Woco G o ld
Mineralization is in
red bars, with length
proportional to grade
Longitudinal drill hole section showing distribution of drill holes
Intersections of basalt (green)
and dacite (yellow) correlate
to mineralization
- 19 -
S H E A R - H O S T E D G O L D V E I N S Y S T E M
› Northgate Gold is a shear-hosted tourmaline-bearing quartz
vein system with visible gold and up to 10% sulphides
› A historical resource of 18,000 ounces at a grade of 0.28
oz/ton Au was defined by drill campaigns in 1937 and
1952.
› Argo Gold confirmed Northgate gold mineralization in the
Winter 2019 drill program with drill intercepts including
34.4 g/t Au over 0.5 metres.
› The Winter 2019 drill program extended the known strike
extent of gold mineralization at Northgate by 50 metres to
the NNE to 250 metres in total known strike extent.
› A 1937 trench reported 0.497 oz/ton Au over 200 feet of
strike length and a width of 3.0 feet.
› Argo Gold’s Summer 2017 field program confirmed
significant mineralized widths of up to 4 metres with chip
samples returning up to 27.4 g/t Au over 0.65 metre widths.
› the mineralization occurs in a shear zone in basalt, and
consists of sericite, chlorite and carbonate altered schist,
quartz veinlets with abundant tourmaline and disseminated
pyrite
Northgate
Woco
Uchi Break
Uchi Break
N or thgate G o ld
- 20 -
N or thgate G o ld
- 21 -
A T H I R D M I N E R AL IZ E D T R E ND
› Raingold is a shear-hosted gold vein system where 1930’s
trenching reported 8.1 g/t Au over a strike length of 122
metres and 2.1 metre width.
› Summer exploration in 2019 by Argo Gold identified 20 pits
up to 2 m square over a strike length of 700 m. Shearing
and gold mineralization occurs at the basalt/ dacite-rhyolite
contact. Anomalous gold assays over 600 metres.
› One continuous chip of five samples returning 14.5 g/t Au
across 2.6 m.
› Gold mineralization occurs in pyritic shear zones containing
tourmaline-bearing quartz veins and stringers. The quartz
veins vary from 0.6 m to 2 metres wide. The shear zone
strikes north-south and dips steeply east.
› HST Zone is a fractured/sheared gold-bearing zone
associated with a lean iron formation that extends for
several kilometres and follows a lithologic horizon between
rhyolite and greenstones.
› At the north end of the HST Zone, the Grassett Mine was
developed in the late 1930’s with 5 levels
› Several gold occurrences are found along the length of the
HST Zone which include the Raingold and Milberry
prospects.
Ra i ngo ld /HST
- 22 -CSE: ARQ | OTC: ARBTF | FSE: P3U
Uch i G o ld B i ochem Sur vey
› Biogeochemical survey identified multiple blind gold
anomalies at the Uchi Gold project
› Structure hosting Woco Vein extended to 280 metres
from 70 metres as a result of following up on a survey
anomaly that identified the Woco South Zone
› Known gold mineralization in the camp associated
with outcrop. Widespread overburden of 1 to 3 metres
requires alternative exploration tools. Sub-overburden
gold anomalies represent targets to expand known
high-grade gold mineralization
› Biogeochemistry Survey was completed at the Uchi
Gold Project on the main mineralized Gold Corridor
that has a strike length of approximately 5 kilometres
› Multiple other blind targets were identified along the
entire strike length of the mineralized trends
› Follow-up bedrock till and bedrock sampling program
planned to test other targets
CSE: ARQ | OTC: ARBTF | FSE: P3U - 23 -
U C H I G O L D P R O J E C T
› Integrated known geology, structure, areomag and
biogeochemistry results into GIS database and create 3D
models.
› Carried out mechanical stripping and washing at areas of
known high-grade gold mineralization and area
biogeochemistry anomalies.
› Completed geological and structural mapping at Woco –
Woco South, Northgate and Raingold.
› Over 200 linear metres of diamond-saw channel sampling
completed. Assays pending
› Bedrock drill sampling and drill program planned for Winter
2021 to continue to locate structure and test biogeochem
anomalies.
› Spring 2021 drill program planned - based on 2019 & 2020
exploration programs - targeting known gold mineralization
where there is scale and potential for down plunge, on strike
and en echelon extensions of gold mineralization.
H I G H - G R A D E i n te r c e p t s
› 132 g/t Au over 1.8 metres
› 139 g/t Au over 2.1 metres
› 65 g/t Au over 1.83 metres
› 62 g/t Au over 3.6 metres
2 0 2 0 – 2 0 21 O b j e c t i v e s
CSE: ARQ | OTC: ARBTF | FSE: P3U- 24 -
› Located in North end of
Birch – Uchi Greenstone Belt and
50 kilometres east of Red Lake.
› Drilling in 1980s encountered gold
mineralization containing
3.7 grams per tonne over
0.3 metres.
› Boulders with visible gold up to 0.5
cm in quartz veinlets in
metasedimentary host rocks had
been discovered in the area.
› Follow-up field work planned to
better define the structure, geology
and mineralization.
- 25 -CSE: ARQ | OTC: ARBTF | FSE: P3U
A n g e l a L a k e G o l d P r o j e c t
ARGO GOLD’S GOLD PROJECT ARE WORLD CLASS
› Prolific Subprovince and Greenstone Belts
› Known High-Grade gold mineralization
› Team and research identified unknown gems
EXPERIENCED TEAM
› Over 200 years of combined exploration and discovery
experience
COMMITED OWNERSHIP
› Eric Sprott – 20%.
› Northfield Capital and Accilent Capital ~ 10%.
› Team – 10%
SERIOUS DISCOVERY POTENTIAL
› 2019 Drill results include 132 g/t Au over 1.8 metres.
CSE: ARQ | OTC: ARBTF | FSE: P3U
Why A r go G o ld ?
- 26 -
Contact
Quest ions and D i scuss ion
J u d y B a ker
C E O
( 416 ) 7 8 6 - 7 8 6 0
j b aker@ ar g o go ld . ca
www.argogold.ca
CSE: ARQ | OTC: ARBTF | FSE: P3U - 27 -
MAY 2015
› Argo Gold commences trading on the CSE, under the
name Arbitrage Exploration holding the 100% owned
Hurdman Silver/Zinc Property in Timmins.
JUNE 2016
› Staked McVicar Lake in northwestern Ontario.
NOVEMBER 2016
› Acquired 3 Gold properties in the Wawa gold camp:
Rockstar, Macassa Creek and Abbie Lake.
› Acquired the Woco Gold Property near Red Lake
Ontario from Dollard Mines.
MARCH 2017
› Staked additional ground at Hurdman Silver/Zinc
Acquired the Mishi Lake Gold Project in Wawa.
MAY 2017 TO OCTOBER 2017
› Exploration work at Woco, all Wawa projects,
McVicar Lake and the newly acquired Northgate
Gold project adjacent to Woco.
AUGUST 2017
› Acquired Northgate Property, adjacent to Woco.
OCTOBER 2017
› Staked additional claims at McVicar Lake.
› Exploration results for Woco and South Wawa.
NOVEMBER 2017
› Exploration results for Macassa Creek and Northgate.
FEBRUARY 2018
› Acquired the adjacent Geisler Patents at Woco.
APRIL 2018
› Staked Percy Lake Zn-Cu-Cd Property in the Batchewana
Greenstone Belt.
MAY 2018
› Staked Angela Lake Gold Property in Northwestern
Ontario and the Southwest Extension at the flagship
Woco Gold Project.
JUNE 2018
› Staked Keelow Lake Cobalt Project near SSM.
FEBRUARY AND JUNE 2019
› Staked additional claims to the Uchi Gold Property and
McVicar Lake Property.
A p p e n d i x A – A r g o G o l d H i s t o r y
- 28 -CSE: ARQ | OTC: ARBTF | FSE: P3U
A p p e n d i x B – E x p l o r a t i o n P o r t fo l i o
- 29 -CSE: ARQ | OTC: ARBTF | FSE: P3U
- Abbie Lake
- Macassa Creek
- Mishi Lake
- Hurdman
- - Keelow Lake
COBALT EXPLORATION
GOLD EXPLORATIONWawa Area
Red Lake – Pickle Lake Area- Uchi Gold
- McVicar Lake
- Talbot Lake
- Angela Lake
GOLD EXPLORATIONNorthwestern Ontario
ZINC-SILVER EXPLORATION
United States
of America
G o l d , C o b a l t a n d Z i n c - S i l v e r P r o j e c t s
CANADA
› Hurdman is a Zinc-Silver rich,
semi-massive to massive
Sulphide Zone along strike for
450 metres, north dipping
15 to 25 degrees and within
150 metres from surface.
› Drill widths of 1 to 38 metres
and the mineralization remains
open in all directions.
› Significant drill results include
3% Zinc and 12 g/t Silver over a
true width of 23.6 metres.
› Shallow dip of the deposit is
amenable to open pit.
› Gold credit.
E x p l o r a t i o n P o r t fo l i o ( Z i n c )
H u r d m a n Z i n c - S i l v e r
- 30 -CSE: ARQ | OTC: ARBTF | FSE: P3U
› The Hurdman Project is 120
kilometres North of
Timmins, ON.
› Core claims of 2688
hectares and recently staked
Strategic claims covering
4240 hectares.
› Stratabound Zinc-Silver
deposit occurs at the
juncture of the Quetico
Metasedimentary Belt and
the Kapuskasing Structural
Zone.
› In addition to the Hurdman
Sulphide Zone there are a
significant number of
surrounding drill targets.
E x p l o r a t i o n P o r t fo l i o ( Z i n c )
H u r d m a n Z i n c - S i l v e r
- 31 -CSE: ARQ | OTC: ARBTF | FSE: P3U