Argo Gold Inc. said Feb. 15 that it signed an agreement to sell the South Wawa gold property in Ontario to RT Minerals Corp. for 350,000 common RT Minerals shares.

According to Argo Gold, results of its channel sampling confirmed historical results from the 256-hectare property, with highest gold grades of 11.6 g/t of gold and 10.1 g/t of gold obtained from prospecting samples.

The transaction remains subject to the approval of the TSX Venture Exchange.