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Argonaut Gold Inc (ARNGF)

Argonaut Gold Inc (ARNGF)
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Argonaut Gold Inc was incorporated under the name Intuitivo Capital Corporation on April 3, 2007. The Company is engaged in gold mining, mine development and mineral exploration activities at gold-bearing mineral properties in the Americas. As at December 31, 2013, the Company owns the producing El Castillo mine in the State of Durango, Mexico, the producing La Colorada mine in the State of Sonora, Mexico, the advanced exploration stage San Antonio property in the State of Baja California Sur, Mexico, the advanced exploration stage Magino property in the Province of Ontario, Canada, the exploration stage San Agustin property located 10 kilometers from the El Castillo mine in the State of Durango, Mexico, and several other exploration stage projects, all of which are located in North America. During 2013, the Company reclassified certain amounts from the Corporate and other segment to the San Antonio and Magino segments to more accurately align the value of the Company's exploration properties. The Company operates in the mining industry and its principal product is gold. Sales are to two customers. The Company's mineral properties are located in Mexico and Canada.
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