Argonaut Gold Inc. Announces Annual General and Special Meeting, Date for First Quarter Financial Results and Confirms Produc...

Argonaut Gold Inc. ("Argonaut Gold" or the "Company")(TSX:AR), today announced
that its annual meeting of shareholders is scheduled to take place on Tuesday,
May 8, 2012 at 11:00 am ET at the Fairmont Royal York, located at 100 Front
Street West, Toronto, Ontario, Canada. In addition, the Company announced that
its first quarter results will be released on May 15, 2012 followed by a
conference call on May 15, 2012 at 9:00 am ET. 




Q1 Conference Call Information:                                             
                                                                            
Toll Free (North America):                   1-877-240-9772                 
Toronto Local and International:             1-416-340-8530                 
Webcast:                                     http://www.argonautgoldinc.com/
                                                                            
Q1 Conference Call Replay:                                                  
                                                                            
Toll Free Replay Call (North America):       1-800-408-3053                 
Replay Call:                                 1-905-694-9451                 
Passcode:                                    3902016                        



For further information on the annual meeting or Q1 conference call please
contact the Investor Relations Department or visit our website,
www.argonautgoldinc.com. 


Clarification - Note the press release dated April 17, 2012 erroneously reported
total production in the title which was inconsistent with the body of the
release. The body of the press release properly reports total Q1 Gold Production
of 20,884, consisting of 17,799 gold ounces at El Castillo and 3,085 gold ounces
at La Colorada. 


About Argonaut Gold 

Argonaut is a Canadian gold company engaged in exploration, mine development and
production activities. Its primary assets are the production-stage El Castillo
Mine in the State of Durango, Mexico, the La Colorada Mine in the State of
Sonora, Mexico, the advanced exploration stage San Antonio project in the State
of Baja California Sur, Mexico, and several exploration stage projects, all of
which are located in Mexico. 


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