July 15, 2024 - Florida Canyon Gold Inc. is a newly listed company formed pursuant to the spin-out of the United States and Mexican operations of Argonaut Gold Inc., including the Florida Canyon mine in Nevada, U.S.A. and the San Agustin mine, La Colorada mine, San Agustin mine, El Castillo mine, and Cerro del Gallo project in Mexico.
Florida Canyon Gold Inc. owns the El Castillo mine through Minera Real del Oro, S.A. de C.V. (formerly a subsidiary of Argonaut Gold Inc.), which owns and operates the mine.
July 17, 2024 - Florida Canyon Gold Inc. announced that it has entered into a binding agreement to sell its interests in the San Agustin mine, El Castillo mine, La Colorada mine, Cerro del Gallo project and San Antonio project (collectively the Mexican Business Unit) to Heliostar Metals Ltd.
The Transaction is expected to close in the third quarter of 2024.