Argonaut Gold Announces New Chief Financial Officer

TORONTO, ONTARIO--(Marketwired - Nov. 15, 2013) - 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.