Argo's May Oil Production

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Toronto, Ontario--(Newsfile Corp. - July 16, 2026) - Argo Gold Inc's.(CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS)("Argo" or the "Company") May 2026 oil production was 2,514 barrels, averaging 81 barrels per day. Oil prices averaged CAD$109 per barrel, and Argo's oil revenue was $274,334 and net operating cash flow was $180,870.

May 2026	Oil Production	Argo's interest	Argo's Oil Revenue	Argo's net operating cash flow
Lindbergh 1 (37.5% interest)	37 bbl/day	14 bbl/day	$43,888	$22,749
Lloyd 1 (18.75% interest)	71 bbl/day	13 bbl/day	$45,225	$24,513
Lindbergh 2 (37.5% interest)	37 bbl/day	14 bbl/day	$50,237	$32,251
Lindbergh 3 (18.75% interest)	51 bbl/day	10 bbl/day	$32,005	$19,882
Lloyd 2 (23.077% interest)	132 bbl/day	30 bbl/day	$102,978	$81,475
May 2026Total		81 bbl/day	$274,334	$180,870

About Argo Gold

Argo Gold is a Canadian mineral exploration and development company, and an oil producer. Information on Argo Gold can be obtained from SEDAR at www.sedarplus.ca and on Argo Gold's website at www.argogold.com. Argo Gold is listed on the Canadian Securities Exchange (www.thecse.com) CSE: ARQ as well as OTC: ARBTF and XFRA, XSTU, XBER: A2ASDS.

Paul Poggione, President
(613) 277-1989
[email protected]

Judy Baker, CEO
(416) 786-7860
[email protected]
www.argogold.com

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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