AR Argonaut Gold Inc

Argonaut Gold Inc. (TSX:AR) ("Argonaut Gold", "Argonaut" or the "Company") has
named Mr. Richard Rhoades as the new Chief Operating Officer for the Company.
This is in conjunction with the retirement of Mr. Edgar Smith, the current COO.
Mr. Rhoades is the former General Manager of the Mission Complex in Sahuarita,
AZ for Asarco LLC. He will take over duties as Argonaut's COO on January 3,
2012.


Mr. Rhoades has over 35 years' experience in mine development, operations and
corporate management roles. In addition to diverse operational experience, he
has managed responsibilities in a corporate capacity, serving as the Assistant
to the Vice President of Mining and the Director of Mine Planning for Asarco.
Throughout his career, Mr. Rhoades has focused on productive operations, safety,
training, process optimization, efficient capital allocation and ore reporting.
Mr. Rhoades holds a bachelor's degree in mining engineering from the University
of Arizona. He is also a Registered Professional Engineer (mining).  


Mr. Peter Dougherty, President & Chief Executive Officer of Argonaut Gold in
regards to Edgar Smith's retirement stated: "Edgar has been instrumental in the
development and growth of the Company since its inception. On behalf of Senior
Management and the Board, I thank Edgar for his enormous contribution to the
formation of Argonaut Gold. Edgar will continue to provide guidance in an
advisory role for Argonaut's future growth and development."


Mr. Dougherty also noted, in reference to adding Mr. Rhoades to the Argonaut
team, "We are very pleased to have Richard join Argonaut Gold. We welcome his
addition to the senior management team, and appreciate the unique versatile
technical expertise his experiences will contribute to Argonaut."


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 development stage and past producing
La Colorada project, the advanced exploration San Antonio project, and several
exploration stage projects, all of which are located in Mexico.


Creating Value Beyond Gold

Cautionary Note Regarding Forward-looking Statements

This news release contains forward-looking statements that involve risks and
uncertainties that could cause results to differ materially from management's
current expectations. Actual results may differ materially due to a number of
factors. Except as required by law, Argonaut Gold Inc. assumes no obligation to
update the forward-looking information contained in this news release.

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