- Surface exploration is now underway at Argo Gold’s (ARQ) Uchi Gold Project
- The Uchi Gold Project is located in the Red Lake District in Ontario
- A 2500 metre drill program will commence in late May 2021
- Exploration targets continue to be the narrow vein, high-grade gold mineralization
- Argo Gold is up 3.85 per cent on the day, with shares of the company trading at C$0.14 at 9:30 am ET
Surface exploration is now underway at Argo Gold’s (ARQ) Uchi Gold Project. The Uchi Gold Project is located in the Red Lake District in Ontario.
Bedrock stripping, trenching, washing, geological mapping and channel sampling will continue in phases at the project throughout the 2021 field season.
The company also confirmed that a 2500 metre drill program will commence at the Uchi Gold Project in late May 2021.
Objectives of the bedrock stripping and trenching are; to expand and define known gold mineralization, identify additional gold mineralization along with the mineralized trends, and follow up on the biogeochemical anomalies identified by the Summer 2019 biogeochemical survey that covered five kilometres of strike length on the main mineralized trend.
The exploration targets for the Uchi Gold Project area continue to be the narrow vein, high-grade gold mineralization; a common economic model in the Canadian Shield where a series of high-grade gold veins are mined using narrow vein mining methods.
Argo Gold is a Canadian mineral exploration and development company focused on gold exploration at the Uchi Gold Project in the Red Lake District.
Argo Gold recently added the Talbot Lake Gold Project to its portfolio.
Argo Gold is up 3.85 per cent on the day, with shares of the company trading at C$0.14 at 9:30 am ET.