A Toronto-based miner's touting positive results from local drilling.
Argonaut Gold says results from Phase Two of its drill campaign specifically targeting high-grade mineralization below the proposed pit at its Magino property includes six metres at 8.31 grams per tonne gold, one metre at 48.5 grams, and two metres at 25.88 grams.
The company notes Phase Two focused on tightening drill spacing around high-grade intercepts at the Elbow and Central zones encountered during the first phase, with results from the Central Zone still to come.