Argonaut submits scalable, lower-cost Magino feasibility study

TSX-listed Argonaut Gold has revealed details of a cheaper, more scalable approach to developing its 100%-owned Magino gold project, near Wawa, in Ontario. Opting to start out with a 10 000 t/d mill, instead of the 30 000 t/d mill envisioned in its January 2016 prefeasibility study, the project now represents an in-house fundable venture, should a construction decision be made, the Toronto-based company said on Wednesday.