Argo Gold Reports Promising Initial Oil Production Results

Argo Gold (TSE:ARQ) has released an update.

Argo Gold Inc., a Canadian mineral exploration firm now producing oil, reported its 2023 oil production yielded 17,553 barrels, contributing to a revenue of $952,692 and net operating cash flow of $665,917 from its operations in Alberta’s Lloydminster area. This marks the company’s initial year in the oil production industry.

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