Argonaut Gold
El Castillo Gold Mine
Satus: Operating Mine
Location: Durango, Mexico
Ownership: 100% Argonaut Gold
Acquisition: December 2009
Resources: Gold – 3,244,700 Ounces
Project Location and Summary
The El Castillo gold mine is an producing gold mine located 100 km north of the city of Durango, in the State of Durango, Mexico. Access is excellent by paved highway and the last 1.5 km to the mine is well maintained gravel roads. There are approximately 1385 hectares of minerals concessions and surface rights. El Castillo was a grass roots discovery resulting from a regional exploration drilling program by Battle Mountain Gold during 1995 through 1998. Morgain Minerals conducted a program in 2006 and Castle followed with a program in 2009.
The gold mine commenced construction and operations in 2007 with commercial production reported in 2008. Mining and crushing operations are contracted and supervised by El Castillo employees. During 2010, Argonaut had significant growth. With a $15 million investment in the infrastructure of the property, the production profile was brought up to a 72,000 ounce run rate by Q4 2010, within just 1 year of acquiring ownership of the company.
Source: http://www.argonautgold.com/gold_operations/el_castillo/
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EXPLORATION AND DATA PROCESSING GEOLOGIST - ONTARIO, CANADA
Reporting to the Regional Exploration Manager, the Geologist will participate in the discovery of additional resources within the company’s tenure by designing and undertaking field exploration and drilling programs and critically evaluate the outcomes from completed exploration programs.