Argonaut aims for Magino decision in H2

Canada-based mining company Argonaut Gold has cleared a “pivotal” permitting milestone at its Magino project – a past-producing underground gold mine, near Wawa, Ontario.

The company concluded the Canadian federal government Schedule 2 processing process, which president and CEO Pete Dougherty said significantly derisked the Magino project and made it “much more attractive” to potential joint venture partners and project financing lenders.