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Argonaut Gold Announces Successful Completion of Additional San Agustin Water Well

Mining News - Published on Mon, 09 Sep 2019

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Argonaut Gold Inc announced it has completed the fourth water well at its San Agustin operation and that the new well has demonstrated sufficient water capacity to meet the needs of the operation to run at 30,000 tonnes per day of ore. The Company anticipates ramping up to 30,000 tonnes per day at the San Agustin mine during the Q4 2019.

Mr Pete Dougherty, President & CEO stated "The new water well at San Agustin is now on line and flowing at the needed capacity to support operating at 30,000 tonnes of ore crushing and stacking per day. We are allowing for the ramp up to proceed over the course of the next couple months. With sufficient water available at San Agustin for this higher run-rate, we remain on track to achieve our full year production guidance of between 200,000 and 215,000 gold equivalent ounces.”

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Posted By : Rabi Wangkhem on Mon, 09 Sep 2019
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