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Argo Gold to increase Woco gold project footprint in Ontario

Argo Gold Inc. agreed to acquire certain mineral claims adjacent to its Woco gold project in Ontario.

The company said Feb. 22 that it will issue 200,000 common shares to Premier Gold Mines Ltd. for the acquisition.

The claims comprise six mining patents, known as the Geisler Patents, which cover 115 hectares, increasing the Woco project area to 30 mineral claims covering 875 hectares.

In August 2017, Argo acquired three mineral claims covering 384 hectares, increasing its project area to 23 mineral claims covering 704 hectares.