Ms. Judy Baker reports

ARGO UPDATE

Argo Gold Inc. has released oil production results for October, 2023.

In late November, a second horizontal oil well was drilled and completed at Lindbergh in the Sparky formation. The well is on production since the end of November and Argo's interest in the second Lindbergh oil well is 37.5 per cent.

Argo is also cancelling the remainder of its previous announced non-brokered private placement of 12 million shares at a price of 10 cents per share for gross proceeds of up to $1.2-million. The company closed two tranches of the financing on May 2, 2023, and Nov. 2, 2023, for a total of $635,000.

On Dec. 11, 2023, Argo engaged Undervalued Investor Media Inc. to perform market awareness and marketing services for a term of six months. The nature of the services to be provided by Undervalued Investor Media include, but are not limited to, marketing services to communicate to the financial community information about the company. Undervalued Investor Media is a marketing services firm based in Canada. The company has agreed to pay Undervalued Investor Media $100,000 plus applicable taxes.

About Argo Gold Inc.

Argo Gold is a Canadian mineral exploration and development company.

We seek Safe Harbor.