The Aroona Project is located in the Southern Willouran Ranges in South Australia. The area is prospective for high-grade zinc-silicate (willemite) mineralisation in the locally endowed carbonate units of the Wilkawillina Limestone, adjacent to the Aroona fault which hosts numerous willemite occurrences along trend, including Aroona, Aroona II and Reliance deposits.

Field work to date has been regional in scope and includes mapping, airborne geophysics and minor rock chip sampling targeting the NW Aroona prospect, showing potential hematite alteration identified from Landsat/Aster imagery. No drilling has been conducted.

Argonaut holds a 100% interest in EL 6199.