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Chuck Hennessey Argonaut Gold VP Operations to Speak at CME 2023 June 8th

Jun 1, 2023

Argonaut Gold announced that wet commissioning activities at its Magino Mine are well underway, with the introduction of ore into the crushing circuit on May 13th and ore into the grinding circuit on May 19th. 

The company is now guiding towards a first gold pour by mid-June as it works closely with Ausenco Engineering Canada Inc., its engineering, procurement, and construction manager, to proactively and systematically progress through the anticipated challenges that are common during the commissioning phase.

Argonaut Gold is a Canadian gold company with a portfolio of operations and multi-stage assets in North America. Focused on becoming a low-cost mid-tier gold producer, Argonaut is in the final stages of construction at its Magino Mine. 

Magino is expected to achieve commercial production in the third quarter of 2023 and become Argonaut's largest and lowest-cost mine. The commissioning of Magino will be the first step in transforming the Company as it enters a pivotal growth stage.

"The initial 48-hour run of the mills was completed on May 30th, and the requisite re-torquing of the grinding mills, mechanical inspections, and some minor repairs and modifications have begun,” said Chuck Hennessey VP of Operations for Argonaut Gold.

Hennessey will speak at the Canadian Mining Expo 2023 “Projects in the Pipeline” Forum on Thursday, June 8 in Timmins All updates on what is going on and coming up will be discussed. The Magino Project is located in Dubreuilville, ON. Construction on the Magino mine began in early 2021 and is now in its final stages before achieving full commercial production in the third quarter of 2023.

“Milling is scheduled to resume on June 4th and initial results during commissioning indicate that throughput targets in the crushing and grinding circuits should be easily achieved,” Hennessey added.
“The team is now working on achieving design availabilities as we work through instrumentation, electrical, and communications issues that are common in the startup of a process plant of this size.”

“The tailings commissioning is complete, and all operating permits have been received to operate the plant and tailings management facilities,” Hennessey explained. “Overall, the ramp-up to commercial production remains on schedule and is expected in the third quarter”.

To view the lineup of speakers for CME 2023 Projects in the Pipeline click on the following link.https://virtex.canadianminingexpo.com/expoactivity/activitylist/type/projects


Click on this link for further information on the Argonaut Gold session

In addition to its Magino Project, Argonaut Gold also has three operating mines including the Florida Canyon mine in Nevada, USA, where it is pursuing potential for redevelopment and additional growth, La Colorada mine in Sonora, Mexico, and the San Agustin mine in Durango, Mexico. Argonaut Gold trades on the Toronto Stock Exchange (TSX) under the ticker symbol "AR".

Image Map of Argonaut Gold_Magino Project
Image Argonaut Gold Photo 2

Tags: Northern Ontario / Operational Updates / Gold / All Articles