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      BUSINESS DESCRIPTION

      Argo Gold Inc. is a Canadian mining company focused in Ontario, Canada on primarily gold exploration as well as zinc-silver and cobalt exploration projects that have indications of near-term economic viability. Argo Gold’s core strategy is to target multi-million ounce, high-grade gold discoveries with high potential for development located near current and past gold reserves and producers. All of Argo Gold’s projects are 100% owned. Argo Gold Inc. is listed on the Canadian Stock Exchange under the ticker ARQ. Argo Gold Inc. has 100% ownership is six high-grade gold exploration projects in north and northwestern regions of Ontario. Argo Gold’s flagship gold exploration, the Uchi Gold Project, is in the Birch-Uchi Greenstone Belt which also hosts the multi-million ounce Springpole and Dixie gold deposits. Argo Gold Inc. has one high-grade zinc-silver project in northern Ontario, the Hurdman Property near Timmins. The Hurdman Zinc-silver Project has 433 claims over 6,929 acres and has been explored for base-metals since the 1960’s in a large Zn-Ag system. Argo Gold Inc. has three cobalt projects; two in northwestern Ontario (Campfire Lake and Fortune Lake), and a third project in northern Ontario (Keelow Lake). Argo Gold’s Campfire Lake and Fortune Lake Projects are associated with Ni, Cu and Co-bearing sulphides and nearby to Cobalt producers. The Keelow Lake Property is in granitoid and metasedimentary rocks with lake sediment showing wide-spread high-anomalous cobalt.
       

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