Argonaut Gold Inc. (TSX:AR) ("Argonaut Gold" or the "Company") is pleased to
announce the appointment of Mr. David Ponczoch as its Chief Financial Officer.
Mr. Ponczoch joins Argonaut Gold following his service as Chief Financial
Officer at Twin Metals Minnesota, a joint venture between Antofagasta PLC and
Duluth Metals.


Mr. Ponczoch has over 12 years' of experience in finance, accounting, and
corporate management roles. In addition to his experience as Chief Financial
Officer, he has managed responsibilities in a corporate and mine capacity,
serving as the Regional Finance Director at Yamana Gold Company in Santiago,
Chile, and as the Controller at the El Penon Mine for Meridian Gold. Mr.
Ponczoch graduated from Brigham Young University with a bachelor's degree in
finance and from Michigan State University with a master's degree in business
administration. 


Mr. Peter Dougherty, President & Chief Executive Officer of Argonaut Gold
stated, "Our outgoing Chief Financial Officer, Barry Dahl, has been an integral
part in the development and growth of the Company. On behalf of everyone at
Argonaut Gold and the Board, I thank Barry for his contributions to the Company,
and wish him the best in his new endeavor. We welcome Dave Ponzoch to the team
as our New Chief Financial Officer, and look forward to integrating his input
and experience."


About Argonaut Gold

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


FOR FURTHER INFORMATION PLEASE CONTACT: 
Argonaut Gold Inc.
Nichole Cowles
Investor Relations Manager
(775) 284-4422 x 101
nichole.cowles@argonautgold.com
www.argonautgold.com

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