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Shapshot. The Magino mine property is a brown-fields site formerly operated as an underground mine. The Magino project is being developed as an open pit mine with a 10,000 tonnes per day carbon-in-pulp ("CIP") mineral processing facility. Commercial production has been achieved at the Magino Mine effective November 1, 2023.
Argonaut has three operating mines in the U.S. and Mexico, and is in the commissioning stage at its Magino mine – its new flagship asset – located in Ontario, Canada. Magino is expected to be the Company's largest and lowest-cost gold mine. In addition, the Company holds the advanced exploration stage Cerro del Gallo project and several ...
The Challenge. The Magino gold mine is a past-producing underground mine located near the town of Dubreuilville, Ontario, about 200 km north of Sault Sainte Marie. After a prefeasibility study in 2014, a full feasibility study was completed by another vendor in 2017, demonstrating the 22 km 2 property to be a valuable open-pit opportunity. To ...
3 de mar. de 2022 · The Mineral Reserves were estimated at a gold price of $1,200 per ounce and a silver price of $14.50 per ounce. The Mineral Reserves used a gold cut-off grade of between 0.30 g/t AuEQ and 0.39 g/t AuEQ depending on ore type. The M&I Mineral Resources and Inferred Mineral Resources for the Magino Project set out in the table above were based on ...
31 de oct. de 2022 · Argonaut Gold (TSX: AR) announced last week that it has completed the financing package to bring the Magino gold mine into production. The property, 40 km northeast of the town of Wawa, Ontario ...
15 de jun. de 2023 · Commercial production expected in Q3 2023. TORONTO, June 15, 2023 /CNW/ - Argonaut Gold Inc. (TSX: AR) (the "Company", "Argonaut Gold" or "Argonaut") is pleased to announce that it achieved first ...
Alamos Gold has strategically expanded its presence in the Canadian mining industry by acquiring Argonaut Gold's Magino mine, which is located next to their Island Gold operation in Dubreuilville, Ontario.. This acquisition is expected to unlock significant value and create immediate and long-term synergies between the mines. By combining these two operations, Alamos Gold is projecting ...
