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Umbra Magino Stool with Intergral Magazine Rack, Clear, H 42cm, B 43cm, L 29cm

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In January 1923, after Weimar Germany defaulted on reparations, the French Premier Raymond Poincaré responded by sending French troops to occupy Germany's Ruhr region. During the ensuing Ruhrkampf ("Ruhr struggle") between the Germans and the French that lasted until September 1923, Britain condemned the French occupation of the Ruhr. A period of sustained Francophobia broke out in Britain, with Poincaré being vilified in Britain as a cruel bully punishing Germany with unreasonable reparations demands. The British—who openly championed the German position on reparations—applied intense economic pressure on France to change its policies towards Germany. At a conference in London in 1924 to settle the Franco-German crisis caused by the Ruhrkampf, the British Prime Minister Ramsay MacDonald successfully pressed the French Premier Édouard Herriot to make concessions to Germany. The British diplomat Sir Eric Phipps, who attended the conference, commented afterwards that: The discovery of iron ore deposits around the turn of the 20th century in the Michipicoten area southwest of Wawa led to prospecting for other minerals. Gold was discovered in 1918 near Goudreau.

Kitco News) - Intermediate gold miner Argonaut Gold's Magino project is forecast its first gold pour in the first half of 2023.

Environmental Impact Statement

Get all the essential market news and expert opinions in one place with our daily newsletter. Receive a comprehensive recap of the day's top stories directly to your inbox. Sign up here! Highly Versatile: Magino is an acrylic table that functions as a sturdy stool or clear side table with built-in magazine storage, but also works great as a side table

Gravett, Christopher (2007). The History of Castles: Fortifications Around the World. Globe Pequot. ISBN 9781599211107. OCLC 495191912. Magino is a long life, low cost mine in an outstanding mining jurisdiction. This debt financing arrangement, alongside the proposed equity financing, will put Argonaut Gold in a strong financial position to complete the Magino project and move it forward into production by the end of Q1 2023,” said president and CEO Larry Radford.

Although Argonaut has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Argonaut undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. Statements concerning mineral reserve and resource estimates may also be deemed to constitute forward-looking statements to the extent they involve estimates of the mineralization that will be encountered if the property is developed. Comparative market information is as of a date prior to the date of this document. The run-of-mine (ROM) ore undergoes crushing in a primary jaw crusher and a secondary cone crusher. The crushed ore is fed to a semi-autogenous grinding (SAG) mill and a ball mill. The ball mill discharge passes through cyclones and a gravity circuit to remove coarse gold. Ausenco Engineering Canada (Ausenco) signed a contract in January 2021 to provide engineering, procurement, construction and commissioning services for the Magino processing facility and other parts of the Magino construction project. The proven and probable mineral reserves at Magino were estimated at 63.3 million tonnes (mt), grading 1.16g/t gold with contained gold of 2.36 million ounces, as of December 2022. Mining methods at the Magino gold project Mary, Jean-Yves; Hohnadel, Alain; Sicard, Jacques. Hommes et Ouvrages de la Ligne Maginot, Tome 5. Paris, Histoire & Collections, 2009. ISBN 978-2-35250-127-5. (in French)

At the height of a global pandemic, our teams delivered a contract that reduces project risk and improves bankability through the price, schedule and performance certainty associated with a Lump Sum Turnkey Price. This model will be highly attractive to other mid-tier and emerging producers, who need to secure financing and provide their shareholders with certainty of delivery. In the third quarter, Argonaut reported consolidated gold production of 53 911 gold equivalent ounces (GEOs), including pre-commercial production of 10 693 GEOs from the Magino mine. The project is being developed in five mining phases, in addition to the borrow pit north of the main pit. Phase one involves extracting relatively high-grade, low waste ratio material in the middle of the deposit. In addition, engineering work is underway to evaluate a potential plant expansion from the current nameplate capacity of 10,000 tonnes per day to 17,500 and 20,000 tonnes per day. We made measurable progress in the third quarter delivering a solid performance at our existing operations. Despite the early challenges and a slower than expected ramp-up, we achieved commercial production at our flagship asset, the Magino mine, after the quarter end. This achievement coupled with strong performance at our Florida Canyon mine is a testament to our team who has worked diligently to optimize our operations. Going forward, we will focus on allocating capital towards those assets, projects and activities that generate the highest potential for per share growth that includes increasing production through reserve and plant expansion at the Magino mine and redevelopment of the Florida Canyon mine," Richard Young, President and Chief Executive Officer of Argonaut Gold.

Geology and mineralisation of the Magino project

Mineral Reserves and Mineral Resources have been estimated as at December 31, 2022 in accordance with NI 43-101 as required by Canadian securities regulatory authorities. Mineral Resources are presented inclusive of Mineral Reserves. Numbers may not sum due to rounding. The plant has been largely operating at nameplate capacity since the beginning of the quarter," he said.

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