Argo's February 2025 Oil Production

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Toronto, Ontario--(Newsfile Corp. - May 6, 2025) - Argo Gold Inc.'s (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") February 2025 oil production was a total of 2,975 barrels for the month, averaging 106 barrels per day. Oil prices averaged CDN$73 per barrel and Argo's February oil revenue was $218,586 and net operating cash flow was $131,564.

February 2025	Oil Production	Argo's interest	Argo's Oil Revenue	Argo's net operating cash flow
Lindbergh 1 (37.5% interest)	105 bbl/day	39.5 bbl/day	$81,344	$55,953
Lloyd 1 (18.75% interest)	128 bbl/day	24 bbl/day	$49,408	$31,224
Lindbergh 2 (37.5% interest)	56 bbl/day	21 bbl/day	$43,261	$18,772
Lloyd 2 (18.75% interest)	6 bbl/day	1 bbl/day	$2,359	($690)
Lindbergh 3 (18.75% interest)	109 bbl/day	20.5 bbl/day	$42,213	$26,306
February 2025 Total		106 bbl/day	$218,586	$131,564

About Argo Gold
Argo Gold is a Canadian mineral exploration and development company, and an oil producer. Information on Argo Gold can be obtained from SEDAR+ at www.sedarplus.ca and on Argo Gold's website at www.argogold.com. Argo Gold is listed on the Canadian Securities Exchange (www.thecse.com) CSE: ARQ as well as OTC: ARBTF and XFRA, XSTU, XBER: A2ASDS.

Judy Baker, CEO
(416) 786-7860
[email protected]
www.argogold.com

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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