Mining Intelligence and News

Magino Mine

Click for more information



Mine TypeOpen Pit
  • Gold
Mining Method
  • Truck & Shovel / Loader
Mine Life... Lock
SnapshotThe Magino mine property is a brown-fields site formerly operated as an underground mine.

The Magino project is being developed as an open pit mine with a 10,000 tonnes per day carbon-in-pulp ("CIP") mineral processing facility.

Commercial production has been achieved at the Magino Mine effective November 1, 2023.


Argonaut Gold Inc. 100 % Indirect
Ownership Tree
Argonaut's wholly owned (i.e., 100% Registered Ownership) land holdings forming the Magino property comprise 18 patented mining claims (mining and surface rights), 61 leased mining claims, and 14 unpatented mining claims with a combined area of 2,213 ha. Title to the property is wholly owned by Prodigy Gold Inc.



- subscription is required.

Deposit type

  • Vein / narrow vein
  • Orogenic
  • Breccia pipe / Stockwork


The property is located within the Michipicoten greenstone belt of the Archean Superior Province. The Michipicoten greenstone belt is a structurally and stratigraphically complex assemblage of volcanic, sedimentary and intrusive rocks that were metamorphosed to greenschist and amphibolite facies. Several suites of plutonic rocks ranging in composition from gabbro to monzogranite and syenite occur in and around the Michipicoten greenstone belt. The property is situated in the Goudreau-Lochalsh gold district of the Wawa gold camp.

The Michipicoten Greenstone Belt area is part of the Wawa Sub-Province and hosts mainly precious metal deposits. Major breaks such as the Goudreau-Lochalsh Deformation Zone (GLDZ) host a number of gold deposits in the Wawa Sub-province.

There are two distinct styles of gold mineralization:
• Orogenic lode-gold greenstone hosted mesothermal gold;
• Intrusive-related ‘porphyry’ disseminated style.

Gold mineralization at Magino Project fits both the sub-volcanic ‘porphyry’ and orogenic style model. Gold associated with the ‘porphyry-style’ at Magino is characteristic of 1) Webb Lake/Lovell Lake Stock granodiorite-tonalite-trondhjemite (GTT) host, 2) widespread phyllic alteration with Nadepletion and K-enrichment, 3) weakly disseminated pyrite ± molybdenite mineralization, 4) weakly veined quartz stockwork network. The orogenic model at Magino involves steeply plunging intersecting lineation in high strain ductile/brittle structures and receptive chemical host traps.

Gold mineralization at the Magino gold mine occurs primarily within the Webb Lake granodiorite. The WLS underwent variable metasomatic alteration during deformation and gold mineralization (Heather and Arias, 1992). Distinct haloes of quartz-sericite with minor pyrite, iron-carbonate and hematite alteration are typically located adjacent to the quartz vein systems. In addition, narrow zones of mineralization have also been identified in metavolcanic rocks in both the footwall and hanging wall of the WLS.

Gold mineralization occurs in several sub-parallel high-strain zones striking 070º to 080º within the Webb Lake Stock and within mafic metavolcanic rocks immediately along the northern and southern margins of the stock (Heather and Arias, 1992). These zones are often closely related to mafic and felsic dykes within both units. Deevy (1992, 1994) distinguished and described two types of mineralized material shoots, namely “zones” and “veins”. The “zones” are usually 2 to 4.5 m wide and have a strike length of 25 to 70 m. They consist of foliated, bleached, and silicaflooded granodiorite. The zones are folded in places, which, during underground mining, produced mineable widths of up to 10.5 m. The zones dip at about the same angle as the foliation and have a vertical plunge. The vertical continuity of the zones is at a vertical to horizontal ratio of 2.5:1 (Deevy, 1994). Weak to moderate bleaching and silica flooding are the distinguishing features of the zones (Deevy, 1994). Silica flooding consists of incipient pale gray quartz occurring within the foliated granodiorite. Gold content is directly related to the amount of silica flooding and quartz veining (Deevy, 1994).

The veins consist of discrete pale grey to pale green to almost white quartz veins varying in width from a few to 45 cm. They have a strike length of several to 35 m. Gold values are distributed erratically within the veins, but overall grades can be quite high. The veins are folded in places, with gold sometimes concentrated in fold noses (Deevy, 1992, 1994). Vertical continuity of the veins is similar to that of the zones, and the plunge is also vertical. Native gold occurs in zones of pervasive silicification and in narrow (i.e., less than 1 to 20 cm wide) quartz veins that form complex systems 1 to 3 m wide. Gold occurs within both quartz veins and foliated and altered wall rocks, but the better gold grades are in the veins (T. Deevy, Magino mine geologist 2001, personal communication, as cited in Heather and Arias, 1992). Finely disseminated leaf-like visible gold can be observed in quartz veins exposed in diamond drill cores (Koskitalo, 1983). The gold tends to form plates or leaves along fractures in quartz rather than coarse nuggets. The quartz hosting the gold tends to be fine-grained and dull milky grey (Koskitalo, 1983). Up to 10% disseminated pyrite is locally present, commonly found in alteration haloes around the gold-bearing quartz veins (Heather and Arias, 1992).



- subscription is required.

Mining Methods


- subscription is required.


Crushers and Mills


- subscription is required.



- subscription is required.


CommodityProductUnitsAvg. Annual (Projected)LOM (Projected)
Gold Payable metal koz 1172,225
Gold Metal in doré koz 2,227

Production Costs

Commodity production costs have not been reported.

Heavy Mobile Equipment


- subscription is required.


Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Dec 30, 2023
....................... Subscription required ....................... Subscription required Subscription required Feb 14, 2022
....................... Subscription required ....................... Subscription required Subscription required Feb 14, 2022
....................... Subscription required ....................... Subscription required Subscription required Dec 30, 2023
....................... Subscription required ....................... Subscription required Subscription required Jun 5, 2024
....................... Subscription required ....................... Subscription required Subscription required Dec 30, 2023

Total WorkforceYear
...... Subscription required 2021


- subscription is required.