Local Magino Gold Mine On Track for 1st Gold Pour

A local mine's aiming for its first gold pour soon.

Argonaut Gold says 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", now planning the first gold pour in mid-June - a month later than previously targeted - though it does note "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" with milling scheduled to resume last Sunday.

It adds that initial results during commissioning indicated "throughput targets in the crushing and grinding circuits should be easily achieved" and the tailings commissioning is complete with all operating permits for the plant and tailings management facilities received.

Argonaut's still aiming to reach commercial production in the third quarter.