November 2012 presentation - Argonaut Gold Inc.
November 2012 presentation - Argonaut Gold Inc.
November 2012 presentation - Argonaut Gold Inc.
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<strong>Argonaut</strong> Q3 Results<br />
Highlights<br />
Record Quarter performance:<br />
• Record gold production of 31, 074 ounces<br />
• 24,575 ounces at El Castillo (↑46% over Q3 2011)<br />
• 6,499 ounces at La Colorada (↑42% over Q2 <strong>2012</strong>)<br />
• Record sales of 42,534 ounces of gold<br />
• Record revenue of $72.9 million<br />
• Record net income of $29.2 million ($0.29 /basic share)<br />
• Cash Flow of $36.5 million<br />
10,242 10,066<br />
El Castillo Production (oz Au)<br />
12,724<br />
18,300 18,064 17,453 16,884<br />
19,700<br />
17,799<br />
19,533<br />
20,500<br />
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3<br />
Guidance<br />
2010 2011 <strong>2012</strong><br />
24,575<br />
Q3<br />
Actual<br />
Fourth Quarter Outlook<br />
• El Castillo estimate of 22,000 - 23,000 ounces of gold<br />
• La Colorada estimate of 3,000 - 4,000 ounces of gold<br />
La Colorada Production (oz Au)<br />
6,499<br />
Full year guidance for <strong>2012</strong> of 101,000 - 103,000 ounces of<br />
gold (<strong>Inc</strong>reased from 88,000 – 97,000)<br />
• El Castillo: 84,000 - 85,000 ounces of gold<br />
• La Colorada: 17,000 - 18,000 ounces of gold<br />
4,590<br />
3,085<br />
3,000<br />
Q1 Q2 Q3 Guidance Q3 Actual<br />
<strong>2012</strong><br />
Source: Company Filings 7<br />
TSX:AR TSX:AR.WT<br />
<strong>Argonaut</strong><strong>Gold</strong>.com<br />
<strong>November</strong> <strong>2012</strong><br />
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