Argo Gold has received approval from the Board of Directors for an exploration program at its Woco Gold Project, located 75 Kms East of Great Bear Resources Dixie Project, in the Red Lake District. This program is slated to begin mid-February and will include 2,500 metres of diamond drilling. The Woco Gold Project is an outcropping gold system that includes high-grade gold intercepts from 1990's era drilling and remains open along strike and at depth. Key features of the Woco Gold Project are: High grade gold intercepts from 1993/94 drilling, including 62.31 g/t over 3.63 metres, 65.93 g/t over 1.83 metres and 139.10 g/t over 2.10 metres. New detailed 3D modelling of historic drill holes have identified down-plunge and down-dip drill targets. The Woco Vein is situated 1.5 kms south, along strike of the past producing high-grade Uchi Mine, where mining the No 1 zone started with a grade of 10.62 g/t over 9 metres for a length of 103 metres. The through-going "Uchi Break", which is the ore-controlling structure for the Uchi Mines and also Woco, will also be a target. The recently sampled Northgate Vein, several kilometres south of Woco and up to 4 metres wide, will be the focus of two holes to verify the surface sampling results. The foregoing historical results presented above were completed prior to the implementation of the National Instrument 43-101 requirements; however, given the quality of the historic work completed and the reputation of St. Jude Resources, the company believes the historical results to be both relevant and reliable. In addition, a qualified person has not completed sufficient work to verify these historic results. The drill program is scheduled to begin the week of February 15th and will last approximately 30 days. The operation will be overseen by Bill Kerr, who heads the field technical exploration team for Argo Gold consisting of C.J. Hodgson, Delio Tortosa and John Walmsley. The collective experience of the team brings more than 150 years of technical success. The Woco Gold Project was identified by Delio for acquisition, and both John and Jay have provided sound, critical advice in unravelling the structural complexities of this high-grade gold deposit.