TSX-listed Argonaut Gold has secured 420 ha of land under mineral concessions owned by a subsidiary of Fresnillo, and which covers known projections of mineralisation that is part of its 100%-owned El Castillo mine, in Mexico.
Argonaut subsidiary Minera Real Del Orohas entered an agreement with Fresnillo subsidiary Desarrollos Mineros El Aguila to secure the land, and has also agreed that portions of other neighbouring concessions may be used by Argonaut for leach pads, ponds and overburden sites, subject to the terms of such agreement.
