Brief: Argonaut Gold Provides Update At Its La Colorada Mine

Argonaut Gold

12/04/2018 12:46

April 12 (Reuters) - Argonaut Gold Inc  AR.TO :
    * ARGONAUT GOLD PROVIDES UPDATE AT ITS LA COLORADA MINE
    * UNIT THAT OWNS LA COLORADA MINE HAS HAD ITS PERMIT FOR USE
OF
EXPLOSIVES AT SITE TEMPORARILY SUSPENDED
    * WHOLLY-OWNED SUBSIDIARY THAT OWNS LA COLORADA MINE HAS HAD
ITS
PERMIT FOR USE OF EXPLOSIVES AT SITE TEMPORARILY SUSPENDED
    * UNIT HAS HAD ITS PERMIT FOR USE OF EXPLOSIVES AT SITE
TEMPORARILY SUSPENDED DUE TO PENDING LEGAL ACTION
    * STOCKPILES AT LA COLORADA MINE ARE SUFFICIENT THAT
OPERATIONS
WILL CONTINUE NORMALLY THROUGH AT LEAST APRIL 16, 2018
    * THE PENDING LEGAL ACTION WAS BROUGHT BY FOUR INDIVIDUALS
AGAINST
SECRETARY OF NATIONAL DEFENSE AND MUNICIPALITY OF LA COLORADA
    * CLAIM IS BASED ON ASSERTIONS THAT EXPLOSIVE PERMIT SHOULD
NOT
HAVE BEEN GRANTED
    * ACTIVITIES AT LA COLORADA MINE CONTINUE UNAFFECTED
    * DOES NOT ANTICIPATE ANY SIGNIFICANT NEAR TERM IMPACT TO
PROCESSING OPERATIONS

Source text for Eikon:  ID:nCNWqYSVQa 
Further company coverage:  AR.TO 

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