{"id":469467,"date":"2021-04-01T07:03:44","date_gmt":"2021-04-01T11:03:44","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=469467"},"modified":"2021-04-01T07:03:44","modified_gmt":"2021-04-01T11:03:44","slug":"argonaut-gold-strengthens-management-team-and-provides-ana-paula-sale-update","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/argonaut-gold-strengthens-management-team-and-provides-ana-paula-sale-update\/","title":{"rendered":"Argonaut Gold Strengthens Management Team and Provides Ana Paula Sale Update"},"content":{"rendered":"
\n

Canada NewsWire<\/p>\n<\/p><\/div>\n

\n

\n TORONTO<\/span>, April 1, 2021<\/span> \/CNW\/ – Argonaut Gold Inc. <\/b>(TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) is pleased to announce\u00a0the appointment of Lowe J. Billingsley<\/span> in the role of Senior Vice President, Operations effective April 12<\/span>, 2021.\u00a0 <\/p>\n

Mr. Billingsley has 32 years of industry experience spanning executive leadership, multi-cultural engagement, operations, project management and technical expertise.\u00a0 He was previously the Mine Manager of the Stillwater East Mining Complex for Sibanye-Stillwater.\u00a0Prior to, Mr. Billingsley spent 27 years with AngloGold Ashanti in various roles increasing in responsibility, seniority and leadership with the most recent being Senior Vice President, Americas.\u00a0 In this role with AngloGold Ashanti, Mr. Billingsley was responsible for managing the Americas Region, comprising four operations in Brazil<\/span> and Argentina<\/span> with annual production of 850,000 gold ounces and a workforce of approximately 5,000 employees and 4,000 contractors.\u00a0 Mr. Billingsley holds a B.A. in Geology from The Colorado College<\/span>, in Colorado Springs.\u00a0\u00a0 <\/p>\n

\n Pete Dougherty<\/span>, President and CEO stated: “We are excited to welcome Lowe to the Argonaut senior management team and look forward to leveraging his experience in managing a multi-asset operations portfolio.\u00a0 Lowe is an accomplished international mining professional with a demonstrated track record of vision, leadership, engagement, sound judgement and execution.\u00a0 His wealth of experience will be a tremendous asset to the Company.”<\/p>\n

\n Ana Paula Sale Update<\/b>\n <\/p>\n

The previously announced definitive agreement to sell its Ana Paula project (see press releases dated September 11, 2020<\/span> and January 4, 2021<\/span>) expired on March 31<\/span>, 2021.\u00a0 The acquiring company did not fulfill its obligations in relation to financing and receipt of certain regulatory and other approvals. <\/p>\n

\n Pete Dougherty<\/span>, commented: “Our current growth strategy is focused around the Magino project and secondarily around the Cerro del Gallo project. \u00a0We felt we had entered into a win-win agreement on the sale of Ana Paula whereby we could bring some value forward and also maintain upside to the project through an equity ownership and royalty.\u00a0 Unfortunately, the acquiring company was not able to fulfill its obligations and after extending the agreement once already, we feel we are better off pursuing other options for Ana Paula at this time.\u00a0 We believe Ana Paula has the ability to be a foundational asset in time and are excited about having exposure to the project.\u00a0 We expect to be in a position to publish an update pre-feasibility study for the Ana Paula project during the second quarter of 2021, which we feel will demonstrate a relatively low capital cost, low operating cost, high-grade open pit project with future underground potential.”<\/p>\n

\n
\n About Argonaut Gold<\/u>
\n <\/b>\n <\/p>\n

Argonaut Gold is a Canadian gold company engaged in exploration, mine development and production.\u00a0 Its primary assets are the El Castillo<\/span> mine and San Agustin<\/span> mine, which together form the El Castillo Complex in Durango, Mexico<\/span>, the La Colorada<\/span> mine in Sonora, Mexico<\/span> and the Florida Canyon mine in Nevada<\/span>, USA.\u00a0 The Company also holds the construction stage Magino project, the advanced exploration stage Cerro del Gallo project and several other exploration stage projects, all of which are located in North America.\u00a0 <\/p>\n

For more information, contact: <\/p>\n

\n Argonaut Gold Inc.
<\/b>
\n Dan Symons<\/span>
\n
Vice President, Corporate Development & Investor Relations
Phone:\u00a0 416-915-3107
Email: dan.symons@argonautgold.com<\/a><\/p>\n

SOURCE Argonaut Gold Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Canada NewsWire TORONTO, April 1, 2021 \/CNW\/ – Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) is pleased to announce\u00a0the appointment of Lowe J. Billingsley in the role of Senior Vice President, Operations effective April 12, 2021.\u00a0 Mr. Billingsley has 32 years of industry experience spanning executive leadership, multi-cultural engagement, operations, project management and technical expertise.\u00a0 He was previously the Mine Manager of the Stillwater East Mining Complex for Sibanye-Stillwater.\u00a0Prior to, Mr. Billingsley spent 27 years with AngloGold Ashanti in various roles increasing in responsibility, seniority and leadership with the most recent being Senior Vice President, Americas.\u00a0 In this role with AngloGold Ashanti, Mr. Billingsley was responsible for managing the Americas Region, comprising four operations in Brazil … <\/p>\n

Continue reading “Argonaut Gold Strengthens Management Team and Provides Ana Paula Sale Update”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-469467","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nArgonaut Gold Strengthens Management Team and Provides Ana Paula Sale Update - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/argonaut-gold-strengthens-management-team-and-provides-ana-paula-sale-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Argonaut Gold Strengthens Management Team and Provides Ana Paula Sale Update - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Canada NewsWire TORONTO, April 1, 2021 \/CNW\/ – Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) is pleased to announce\u00a0the appointment of Lowe J. Billingsley in the role of Senior Vice President, Operations effective April 12, 2021.\u00a0 Mr. Billingsley has 32 years of industry experience spanning executive leadership, multi-cultural engagement, operations, project management and technical expertise.\u00a0 He was previously the Mine Manager of the Stillwater East Mining Complex for Sibanye-Stillwater.\u00a0Prior to, Mr. Billingsley spent 27 years with AngloGold Ashanti in various roles increasing in responsibility, seniority and leadership with the most recent being Senior Vice President, Americas.\u00a0 In this role with AngloGold Ashanti, Mr. Billingsley was responsible for managing the Americas Region, comprising four operations in Brazil … Continue reading "Argonaut Gold Strengthens Management Team and Provides Ana Paula Sale Update"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/argonaut-gold-strengthens-management-team-and-provides-ana-paula-sale-update\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-01T11:03:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C4400&Transmission_Id=202104010700CANADANWWEB______C4400&DateId=20210401\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/argonaut-gold-strengthens-management-team-and-provides-ana-paula-sale-update\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/argonaut-gold-strengthens-management-team-and-provides-ana-paula-sale-update\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Argonaut Gold Strengthens Management Team and Provides Ana Paula Sale Update\",\"datePublished\":\"2021-04-01T11:03:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/argonaut-gold-strengthens-management-team-and-provides-ana-paula-sale-update\\\/\"},\"wordCount\":535,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/argonaut-gold-strengthens-management-team-and-provides-ana-paula-sale-update\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/rt.prnewswire.com\\\/rt.gif?NewsItemId=C4400&Transmission_Id=202104010700CANADANWWEB______C4400&DateId=20210401\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/argonaut-gold-strengthens-management-team-and-provides-ana-paula-sale-update\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/argonaut-gold-strengthens-management-team-and-provides-ana-paula-sale-update\\\/\",\"name\":\"Argonaut Gold Strengthens Management Team and Provides Ana Paula Sale Update - 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