Argonaut’s Magino yields 3.4 m grading 13.3 g/t Au in the South Zone Magino gold property. Credit: Argonaut Gold Argonaut Gold (TSX: AR) has announced high grade results from the ongoing 25,000-metre drill program at its Magino gold project in Ontario. The drill program is taking place as construction of an open-pit mine at Magino advances toward expected first production in 2023. This year’s drill program is primarily focused on tightening the drill spacing within the Elbow Zone, with a secondary focus on drill-testing previously discovered high-grade gold structures within the South Zone, Central Zone, Scotland Zone, #42 Zone and Sandy Zone. Argonaut is currently drilling with four diamond drill rigs.