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Patagonia Gold Corp. HGLD / PGDC Receives Full and Final Permit to Advance with the Construction and Development of Calcatreu
Calcatreu Gold and Silver Project: high-grade, near-surface
resource within a massive potential epithermal vein system
? M&I: 746K oz AuEq at 2.36g/t AuEq
? Inf.:390K oz AuEq at 1.50g/t AuEq
- Identified11 significant veinsystems
? Baseline Study in progress
Calcatreu Project HGLD / TSXV:PGDC -
• 41,800 ha property (100% interest) located ~80 km southwest
of the town of Jacobacci in south central Rio Negro Province
? Easily accessible through highway with access to key regional
infrastructure (rail, power and skilled labour)
• Lies on the Somuncura Massif along the Gastre Fault System,
a highly prospective NW-SE-oriented belt hosting many
precious metal deposits across Chubut and Rio Negro
? Company has recently acquired over 100,000 ha along this belt
• High-grade, low sulphidation, epithermal gold-silver system
? Gold-silver mineralization outcrops from surface and is contained in
quartz and calcite veins and stockwork between 1 m to 5 m in width
• At least 11 significant vein systems across the property
? Vein 49, Nelson and Belen zones contained within a 2.5 km by 500
m area. Castro Sur contained within an area of 1.7 km by 100 m
? Most advanced is the Vein 49/Nelson system, which has been
delineated over a 2.5 km strike with widths of up to 20 m
? Mineralization extends to depth of at least 370 m
• Identified new epithermal veins less than 0.5 km from
Calcatreu's current mineral resources
• Advancing towards feasibility study in 2022/2023.
https://patagoniagold.com/investors/photo-gallery/#group-1
https://patagoniagold.com/investors/photo-gallery/#group-3
https://patagoniagold.com/investors/photo-gallery/
VANCOUVER, British Columbia, Nov. 07, 2024 (GLOBE NEWSWIRE) --
Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) is pleased to announce the granting of the full
and final permit to advance with the construction, mining development and production
at its Calcatreu gold and silver project, in the Rio Negro province, Argentina.
On November 6, 2024, the Company was formally notified by the Rio Negro provincial authorities that the final resolution
to proceed with the construction, development and production of the Calcatreu project had been issued.
The Company is completing studies with the aim of developing a heap leach operation to produce gold and silver doré
at the Calcatreu project. The Company has ample experience with heap leach operations,
having put two heap leach operations into production over the last decade.
Calcatreu is located in the southern portion of the Rio Negro Province, 85 kilometers south of
the community of Ingeniero Jacobacci.
The project is centered on a low sulfidation, epithermal gold and silver system with mineralization outcropping at the surface.
The total measured and indicated mineral resources are estimated at 9.84 million tonnes at an average grade 2.11 g/t Au and
19.8 g/t Ag and 8.08 million tonnes of inferred mineral resources grading 1.34 g/t Au and 13.1 g/t Ag as
disclosed in the project’s Technical Report (Table 1).
Table 1. Calcatreu Mineral Resources
Mineral Resource Classification
Tonnes (K)
Average Grades (g/t) Contained Ounces (K)
Au Ag Au Ag
Indicated 9,841.0 2.11 19.8 669.0 6,275.0
Inferred 8,078.0 1.34 13.1 215.0 5,467.0
https://patagoniagold.com/wp-content/uploads/2022/10/Patagonia-Gold-Corporate-Presentation-Q4-2022-.pdf
Please see https://www.patagoniagold.com or www.sedarplus.ca for additional technical information.
Qualified Person’s Statement
Donald J. Birak, an independent consulting geologist, Registered Member of SME, Fellow of AusIMM, and qualified person
as defined by National Instrument 43-101, has reviewed and approved the scientific and technical information in this news release.
Additional information about the project and the mineral resources referred to in this news release are available in the technical report
prepared in accordance with National Instrument 43-101, entitled “NI 43-101 Technical Report, Mineral Resource Estimate,
Calcatreu Gold-Silver Project, Rio Negro Province, Argentina,” dated effective December 31, 2018 (the “ Technical Report ”),
which is available under the Company’s profile on SEDAR+
at www.sedarplus.ca .
Patagonia Gold Corp: https://patagoniagold.com
About Patagonia Gold
Patagonia Gold Corp. is a South America focused, publicly traded, mining company HGLD also listed on the TSX Venture Exchange.
The Company seeks to grow shareholder value through exploration and development of gold and silver projects
in the Patagonia region of Argentina.
The Company is primarily focused on the Calcatreu project in Rio Negro and the development of the Cap-Oeste underground project.
Patagonia, indirectly through its subsidiaries or under option agreements, has mineral rights to over 430 properties
in several provinces of Argentina and is one of the largest landholders in the province of Santa Cruz, Argentina.
For more information, please contact:
Christopher van Tienhoven, Chief Executive Officer
Patagonia Gold Corp.
T: +54 11 5278 6950
E: cvantienhoven@patagoniagold.com
Good to hear. Thanks NYBob.
Good to hear. Thanks NYBob.
Patagonia Gold Receives Full and Final Permit to Advance with the Construction and Development of Calcatreu
VANCOUVER, British Columbia, Nov. 07, 2024 (GLOBE NEWSWIRE) --
Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) is pleased to announce the granting of the full
and final permit to advance with the construction, mining development and production
at its Calcatreu gold and silver project, in the Rio Negro province, Argentina.
On November 6, 2024, the Company was formally notified by the Rio Negro provincial authorities that the final resolution
to proceed with the construction, development and production of the Calcatreu project had been issued.
The Company is completing studies with the aim of developing a heap leach operation to produce gold and silver doré
at the Calcatreu project. The Company has ample experience with heap leach operations,
having put two heap leach operations into production over the last decade.
Calcatreu is located in the southern portion of the Rio Negro Province, 85 kilometers south of
the community of Ingeniero Jacobacci.
The project is centered on a low sulfidation, epithermal gold and silver system with mineralization outcropping at the surface.
The total measured and indicated mineral resources are estimated at 9.84 million tonnes at an average grade 2.11 g/t Au and
19.8 g/t Ag and 8.08 million tonnes of inferred mineral resources grading 1.34 g/t Au and 13.1 g/t Ag as
disclosed in the project’s Technical Report (Table 1).
Table 1. Calcatreu Mineral Resources
Mineral Resource Classification
Tonnes (K)
Average Grades (g/t) Contained Ounces (K)
Au Ag Au Ag
Indicated 9,841.0 2.11 19.8 669.0 6,275.0
Inferred 8,078.0 1.34 13.1 215.0 5,467.0
Please see https://www.patagoniagold.com or www.sedarplus.ca for additional technical information.
Qualified Person’s Statement
Donald J. Birak, an independent consulting geologist, Registered Member of SME, Fellow of AusIMM, and qualified person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical information in this news release.
Additional information about the project and the mineral resources referred to in this news release are available in the technical report prepared in accordance with National Instrument 43-101, entitled “NI 43-101 Technical Report, Mineral Resource Estimate, Calcatreu Gold-Silver Project, Rio Negro Province, Argentina,” dated effective December 31, 2018 (the “ Technical Report ”), which is available under the Company’s profile on SEDAR+
at www.sedarplus.ca .
Patagonia Gold Corp: https://patagoniagold.com
About Patagonia Gold
Patagonia Gold Corp. is a South America focused, publicly traded, mining company listed on the TSX Venture Exchange. The Company seeks to grow shareholder value through exploration and development of gold and silver projects in the Patagonia region of Argentina. The Company is primarily focused on the Calcatreu project in Rio Negro and the development of the Cap-Oeste underground project. Patagonia, indirectly through its subsidiaries or under option agreements, has mineral rights to over 430 properties in several provinces of Argentina and is one of the largest landholders in the province of Santa Cruz, Argentina.
For more information, please contact:
Christopher van Tienhoven, Chief Executive Officer
Patagonia Gold Corp.
T: +54 11 5278 6950
E: cvantienhoven@patagoniagold.com
nice article form 2018...it went semi-viral...
https://stockhouse.com/opinion/independent-reports/2018/01/03/world-s-highest-grade-silver-mine-resumes-production
Mark Turner (IKN blog) (IKN weekly report)) has been keeping a very close eye on HGLD and is close to issuing a buy rating. He is THE expert on mining in South America. He has been doing this since 2008 and has lived in Peru for >20 years. Mining is his life. GLTA
thank you all.
Fingers crossed that HGLD can turn a profit at $2715 gold.
We have been patient...let's gooooo.
GOLD: This Meeting Can Change EVERYTHING | Simon Hunt
Soar Financially
37.7K subscribers
Silver Price About To Be Unleashed! Plus A Stunning Look At Gold
October 02, 2024
https://kingworldnews.com/silver-price-about-to-be-unleashed-plus-a-stunning-look-at-gold/
DD....$Patagonia Gold Corp, formerly known as Hunt Mining Corp., is a Silver and Gold production company.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175046791
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172090585
$HGLD & $PGDC With One Of The Richest Highest Grade Silver Mine On Earth - Patagonia Gold
& Silver Mines Hard Asset Safety Bargain --
https://patagoniagold.com/wp-content/uploads
Another step forward. Thank you NYBob.
Patagonia Gold Announces Further Advances in Calcatreu Permitting
September 03 2024
Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) is pleased to announce the progress of the Calcatreu permitting process.
The Calcatreu permitting process continues to advance positively and has reached the final stage of approval.
Largely unexplored ~7,900 ha property located between the
multi-million ounce San José and Newmont's Cerro Negro mines;
https://operations.newmont.com/latac/cerro-negro-argentina
? Newmont’s Cerro Negro mine is forecast to produce 270K oz Au in
2021. 2019 resource of 4.9M oz Au at 7.14 g/t Au and 33.6M oz Ag
at 49.3 g/t Ag
• Covers multiple geological structures that are parallel or
extensions of those at San Jose and Cerro Negro
? Hochschild/McEwen Mining’s San José mine produced 65K oz Au
and 4.1M ozAg in 2020. 2019 resource of 945K oz Au at 6.79 g/t Au
and 53.8M oz Ag at 423 g/t Au
Following positive recommendations from the Secretariat of Mining and the Secretariat of Environment and Climate Change of Rio Negro and
overwhelming support from the closest neighboring native community, the multidisciplinary environmental council (COPEAM), consisting of
various stakeholders within the Rio Negro Province, has issued a unanimous decision in favour of the development of Calcatreu.
A non-binding public hearing (the “Public Hearing”) was subsequently held on August 30, 2024 in Ing. Jacobacci, the closest city to Calcatreu.
At the Public Hearing, representatives from the Company presented the Calcatreu projec
t together with GT Ingeniería SA, the consulting
firm that prepared the Environment Impact Assessment Report in respect of the project.
Following these presentations, various bureaus and stakeholders made presentations and more than 200 individuals from the Rio Negro
Province expressed their position regarding the mining industry and the Calcatreu project.
The Public Hearing lasted just under 12 hours and the general consensus is that the Public Hearing was a success, considering
the strong support expressed by the majority of the stakeholders.
The next step in the approval process (which is also the last) is a final resolution to be issued by the Secretariat of Environment and
Climate Change of the province of Rio Negro, formally granting the permit to construct and develop Calcatreu.
This final resolution is expected to be issued within the next two months.
Calcatreu is the Company´s flagship project and is located in the southern portion of the Rio Negro Province, 85 kms south of
the community of Ing. Jacobacci.
The project is centered on a low sulfidation, epithermal gold and silver system with mineralization outcropping at the surface.
The total measured and indicated mineral resources are estimated at 9.84 million tonnes at an average grade of 2.11 g/t Au and
19.8 g/t Ag (2.36 g/t gold equivalent) and 8.08 million tonnes of inferred mineral resources grading 1.34 g/t Au and 13.1 g/t Ag
(1.5 g/t gold equivalent), as disclosed in the Technical Report (as defined below).
Once the final resolution has been issued, the Company expects to conduct further studies to determine the project’s mineral reserves,
which may lead to development of a heap leach operation to produce gold and silver doré at Calcatreu.
The Company has ample experience with heap leach operations, having put two heap leach operations into production over the last decade.
Qualified Person’s Statement
Donald J. Birak, an independent consulting geologist, Registered Member of SME, Fellow of AusIMM, and qualified person as defined by
National Instrument 43-101, has reviewed and approved the scientific and technical information in this news release.
Additional information about the project and the mineral resources referred to in this news release are available in the technical report prepared in accordance
with National Instrument 43-101, entitled “NI 43-101 Technical Report, Mineral Resource Estimate, Calcatreu Gold-Silver Project, Rio Negro Province,
Argentina,”
dated effective December 31, 2018 (the “Technical Report”), which is available under the Company’s profile on SEDAR+ at www.sedarplus.ca.
About Patagonia Gold
Patagonia Gold Corp. is a South America focused, publicly traded, mining company listed on the TSX Venture Exchange.
The Company seeks to grow shareholder value through exploration and development of gold and silver projects in the Patagonia region of Argentina.
The Company is primarily focused on the Calcatreu project in Rio Negro and the development of the Cap-Oeste underground project.
Patagonia, indirectly through its subsidiaries or under option agreements, has mineral rights to over 430 properties in several provinces of Argentina
and is one of the largest landholders in the province of Santa Cruz, Argentina.
For more information, please contact:
Christopher van Tienhoven, Chief Executive Officer
Patagonia Gold Corp.
T: +54 11 5278 6950
E: cvantienhoven@patagoniagold.com
https://patagoniagold.com/investors/photo-gallery/
https://patagoniagold.com
https://ih.advfn.com/stock-market/TSXV/PGDC/stock-news/94480803/patagonia-gold-announces-further-advances-in-calca
https://patagoniagold.com/wp-content/uploads/2022/10/Patagonia-Gold-Corporate-Presentation-Q4-2022-.pdf
FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements, including, but not limited to, statements with the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
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Patagonia Gold Announces Further Advances in Calcatreu Permitting
September 03 2024
Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) is pleased to announce the progress of the Calcatreu permitting process.
The Calcatreu permitting process continues to advance positively and has reached the final stage of approval.
Largely unexplored ~7,900 ha property located between the
multi-million ounce San José and Newmont's Cerro Negro mines;
https://operations.newmont.com/latac/cerro-negro-argentina
? Newmont’s Cerro Negro mine is forecast to produce 270K oz Au in
2021. 2019 resource of 4.9M oz Au at 7.14 g/t Au and 33.6M oz Ag
at 49.3 g/t Ag
• Covers multiple geological structures that are parallel or
extensions of those at San Jose and Cerro Negro
? Hochschild/McEwen Mining’s San José mine produced 65K oz Au
and 4.1M ozAg in 2020. 2019 resource of 945K oz Au at 6.79 g/t Au
and 53.8M oz Ag at 423 g/t Au
Following positive recommendations from the Secretariat of Mining and the Secretariat of Environment and Climate Change of Rio Negro and
overwhelming support from the closest neighboring native community, the multidisciplinary environmental council (COPEAM), consisting of
various stakeholders within the Rio Negro Province, has issued a unanimous decision in favour of the development of Calcatreu.
A non-binding public hearing (the “Public Hearing”) was subsequently held on August 30, 2024 in Ing. Jacobacci, the closest city to Calcatreu.
At the Public Hearing, representatives from the Company presented the Calcatreu projec
t together with GT Ingeniería SA, the consulting
firm that prepared the Environment Impact Assessment Report in respect of the project.
Following these presentations, various bureaus and stakeholders made presentations and more than 200 individuals from the Rio Negro
Province expressed their position regarding the mining industry and the Calcatreu project.
The Public Hearing lasted just under 12 hours and the general consensus is that the Public Hearing was a success, considering
the strong support expressed by the majority of the stakeholders.
The next step in the approval process (which is also the last) is a final resolution to be issued by the Secretariat of Environment and
Climate Change of the province of Rio Negro, formally granting the permit to construct and develop Calcatreu.
This final resolution is expected to be issued within the next two months.
Calcatreu is the Company´s flagship project and is located in the southern portion of the Rio Negro Province, 85 kms south of
the community of Ing. Jacobacci.
The project is centered on a low sulfidation, epithermal gold and silver system with mineralization outcropping at the surface.
The total measured and indicated mineral resources are estimated at 9.84 million tonnes at an average grade of 2.11 g/t Au and
19.8 g/t Ag (2.36 g/t gold equivalent) and 8.08 million tonnes of inferred mineral resources grading 1.34 g/t Au and 13.1 g/t Ag
(1.5 g/t gold equivalent), as disclosed in the Technical Report (as defined below).
Once the final resolution has been issued, the Company expects to conduct further studies to determine the project’s mineral reserves,
which may lead to development of a heap leach operation to produce gold and silver doré at Calcatreu.
The Company has ample experience with heap leach operations, having put two heap leach operations into production over the last decade.
Qualified Person’s Statement
Donald J. Birak, an independent consulting geologist, Registered Member of SME, Fellow of AusIMM, and qualified person as defined by
National Instrument 43-101, has reviewed and approved the scientific and technical information in this news release.
Additional information about the project and the mineral resources referred to in this news release are available in the technical report prepared in accordance
with National Instrument 43-101, entitled “NI 43-101 Technical Report, Mineral Resource Estimate, Calcatreu Gold-Silver Project, Rio Negro Province,
Argentina,”
dated effective December 31, 2018 (the “Technical Report”), which is available under the Company’s profile on SEDAR+ at www.sedarplus.ca.
About Patagonia Gold
Patagonia Gold Corp. is a South America focused, publicly traded, mining company listed on the TSX Venture Exchange.
The Company seeks to grow shareholder value through exploration and development of gold and silver projects in the Patagonia region of Argentina.
The Company is primarily focused on the Calcatreu project in Rio Negro and the development of the Cap-Oeste underground project.
Patagonia, indirectly through its subsidiaries or under option agreements, has mineral rights to over 430 properties in several provinces of Argentina
and is one of the largest landholders in the province of Santa Cruz, Argentina.
For more information, please contact:
Christopher van Tienhoven, Chief Executive Officer
Patagonia Gold Corp.
T: +54 11 5278 6950
E: cvantienhoven@patagoniagold.com
https://patagoniagold.com/investors/photo-gallery/
https://patagoniagold.com
https://ih.advfn.com/stock-market/TSXV/PGDC/stock-news/94480803/patagonia-gold-announces-further-advances-in-calca
https://patagoniagold.com/wp-content/uploads/2022/10/Patagonia-Gold-Corporate-Presentation-Q4-2022-.pdf
FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements, including, but not limited to, statements with the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
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Patagonia Gold (TSXV:PGDC)
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From Aug 2024 to Sep 2024 Click Here for more Patagonia Gold Charts. Patagonia Gold (TSXV:PGDC)
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Patagonia Gold Announces Further Advances in Calcatreu Permitting
September 03 2024
Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) is pleased to announce the progress of the Calcatreu permitting process.
The Calcatreu permitting process continues to advance positively and has reached the final stage of approval.
Largely unexplored ~7,900 ha property located between the
multi-million ounce San José and Newmont's Cerro Negro mines;
https://operations.newmont.com/latac/cerro-negro-argentina
? Newmont’s Cerro Negro mine is forecast to produce 270K oz Au in
2021. 2019 resource of 4.9M oz Au at 7.14 g/t Au and 33.6M oz Ag
at 49.3 g/t Ag
• Covers multiple geological structures that are parallel or
extensions of those at San Jose and Cerro Negro
? Hochschild/McEwen Mining’s San José mine produced 65K oz Au
and 4.1M ozAg in 2020. 2019 resource of 945K oz Au at 6.79 g/t Au
and 53.8M oz Ag at 423 g/t Au
Following positive recommendations from the Secretariat of Mining and the Secretariat of Environment and Climate Change of Rio Negro and
overwhelming support from the closest neighboring native community, the multidisciplinary environmental council (COPEAM), consisting of
various stakeholders within the Rio Negro Province, has issued a unanimous decision in favour of the development of Calcatreu.
A non-binding public hearing (the “Public Hearing”) was subsequently held on August 30, 2024 in Ing. Jacobacci, the closest city to Calcatreu.
At the Public Hearing, representatives from the Company presented the Calcatreu projec
t together with GT Ingeniería SA, the consulting
firm that prepared the Environment Impact Assessment Report in respect of the project.
Following these presentations, various bureaus and stakeholders made presentations and more than 200 individuals from the Rio Negro
Province expressed their position regarding the mining industry and the Calcatreu project.
The Public Hearing lasted just under 12 hours and the general consensus is that the Public Hearing was a success, considering
the strong support expressed by the majority of the stakeholders.
The next step in the approval process (which is also the last) is a final resolution to be issued by the Secretariat of Environment and
Climate Change of the province of Rio Negro, formally granting the permit to construct and develop Calcatreu.
This final resolution is expected to be issued within the next two months.
Calcatreu is the Company´s flagship project and is located in the southern portion of the Rio Negro Province, 85 kms south of
the community of Ing. Jacobacci.
The project is centered on a low sulfidation, epithermal gold and silver system with mineralization outcropping at the surface.
The total measured and indicated mineral resources are estimated at 9.84 million tonnes at an average grade of 2.11 g/t Au and
19.8 g/t Ag (2.36 g/t gold equivalent) and 8.08 million tonnes of inferred mineral resources grading 1.34 g/t Au and 13.1 g/t Ag
(1.5 g/t gold equivalent), as disclosed in the Technical Report (as defined below).
Once the final resolution has been issued, the Company expects to conduct further studies to determine the project’s mineral reserves,
which may lead to development of a heap leach operation to produce gold and silver doré at Calcatreu.
The Company has ample experience with heap leach operations, having put two heap leach operations into production over the last decade.
Qualified Person’s Statement
Donald J. Birak, an independent consulting geologist, Registered Member of SME, Fellow of AusIMM, and qualified person as defined by
National Instrument 43-101, has reviewed and approved the scientific and technical information in this news release.
Additional information about the project and the mineral resources referred to in this news release are available in the technical report prepared in accordance
with National Instrument 43-101, entitled “NI 43-101 Technical Report, Mineral Resource Estimate, Calcatreu Gold-Silver Project, Rio Negro Province,
Argentina,”
dated effective December 31, 2018 (the “Technical Report”), which is available under the Company’s profile on SEDAR+ at www.sedarplus.ca.
About Patagonia Gold
Patagonia Gold Corp. is a South America focused, publicly traded, mining company listed on the TSX Venture Exchange.
The Company seeks to grow shareholder value through exploration and development of gold and silver projects in the Patagonia region of Argentina.
The Company is primarily focused on the Calcatreu project in Rio Negro and the development of the Cap-Oeste underground project.
Patagonia, indirectly through its subsidiaries or under option agreements, has mineral rights to over 430 properties in several provinces of Argentina
and is one of the largest landholders in the province of Santa Cruz, Argentina.
For more information, please contact:
Christopher van Tienhoven, Chief Executive Officer
Patagonia Gold Corp.
T: +54 11 5278 6950
E: cvantienhoven@patagoniagold.com
https://patagoniagold.com/investors/photo-gallery/
https://patagoniagold.com
https://ih.advfn.com/stock-market/TSXV/PGDC/stock-news/94480803/patagonia-gold-announces-further-advances-in-calca
https://patagoniagold.com/wp-content/uploads/2022/10/Patagonia-Gold-Corporate-Presentation-Q4-2022-.pdf
FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements, including, but not limited to, statements with the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
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Growing! Hope for a bright future.
Patagonia Gold Quarter 2 2024 Financial Results
VANCOUVER, British Columbia, Aug. 28, 2024 (GLOBE NEWSWIRE) --
Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) announces its financial results for the quarter ended June 30, 2024 (“Q2 2024”).
The financial statements together with the related management’s discussion and analysis are available on the Company’s website and
under the Company’s profile on SEDAR+ at www.sedarplus.ca .
Highlights
Generated revenue of US$2.6 million in Q2 2024.
Produced 761 gold equivalent ounces (1) and sold 1,107 gold equivalent ounces (1) in Q2 2024.
Incurred exploration expenditures of US$0.7 million in Q2 2024 including completion of:
A diamond drilling program in the Abril target to test the extension of mineralization identified in previous reverse circulation drill holes.
A total of 284.2 meters were drilled, all as HQ-diameter core, and 289 samples were collected (2) .
The assays results varied significantly, with Au (gold) values ranging from 0.005 to 0.23 grams per ton (g/t) and Silver (Ag) values
ranging from 1 to 25 g/t 3 .
Notes :
(1) Consisting of 488 gold and 21,624 silver ounces of production and 779 gold and 26,503 silver ounces sold, converted to a gold equivalent
using a ratio of the average spot market price for the commodities each period.
The ratio for three months ended June 30, 2024 was 79.23:1 (2023 – 80.54:1).
(2) Includes 18 samples submitted for QAQC purposes. All QAQC samples were within expected analytical limits.
(3) Assays were performed at Alex Stewart International, a certified, independent, commercial laboratory with sample preparation and analytical
facilities in Mendoza, Argentina.
Gold values were determined by fire assay techniques and silver values were determined by four acid digestion and ICP-MS.
Qualified Person’s Statement
Donald J. Birak, an independent consulting geologist, Registered Member of SME, Fellow of AusIMM, and qualified person as defined by
National Instrument 43-101, has reviewed and approved the scientific and technical information in this news release.
About Patagonia Gold
Patagonia Gold Corp. is a South America focused, publicly traded, mining company listed on the TSX Venture Exchange.
The Company seeks to grow shareholder value through exploration and development of gold and silver projects in the Patagonia region of Argentina.
The Company is primarily focused on the Calcatreu project in Rio Negro and the development of the Cap-Oeste underground project.
Patagonia, indirectly through its subsidiaries or under option agreements, has mineral rights to over 430 properties in several provinces of Argentina
and is one of the largest landholders in the province of Santa Cruz, Argentina.
FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements, including, but not limited to, statements with respect to, among other things, the advancement and development of gold and silver projects in the Patagonia region of Argentina, including the drilling program in the Abril target, and the anticipated growth in shareholder value. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.
Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
For more information, please contact:
Christopher van Tienhoven, Chief Executive Officer
Patagonia Gold Corp.
T: +54 11 5278 6950
E: cvantienhoven@patagoniagold.com
Patagonia Gold Corp: https://patagoniagold.com
Del Libertador 498. Piso 26, BUENOS AIRES C1001ABR, Argentina
Phone(s):
Primary: 54 (11) 52786950
Fax: +1 509 352-3330
Phone Number: +1 403 617-7609
Contact(s):
dean@boardmarker.net
Key Officers:
Christopher Van Tienhoven - CEO
Chief Executive Officer, Director
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174690425
Primary Logo
News Provided by GlobeNewswire via QuoteMedia
Filo Mining has land near HGLD and was just acquired for top dollar.
HGLD seems unable to do anything right.
they had a bunch of gold stolen and we never got an insurance check wth
It's "The Endgame" Financially | Francis Hunt - Liberty and Finance - VIDEO
Bob, super post. thanks.
1. If HGLD can't turn a profit at $2,400 gold, they never will.
2. Did HGLD ever receive the insurance check for the stolen gold?
3. bad sign, when you email the company about #2 they refuse to reply. not good.
$PATAGONIA GOLD CORP, $HGLD & $PGDC formerly known as $Hunt Mining Corp., is
a mineral exploration and production company.
The Company’s activities include the exploration and production of minerals from
properties in Argentina and Chile.
$Patagonia holds, directly or indirectly through its subsidiaries or under option agreements,
the mineral rights and interests to over 350 properties in Argentina, Chile, and Uruguay .
The Company is present in Santa Cruz province through the $Martha mine.
$Patagonia also owns the $Calcatreu Project in the Rio Negro province, which is
a gold and silver project.
The Company Management is based mainly in Buenos Aires, Argentina and the Company
maintains offices and support facilities in Perito Moreno and Jacobacci and its operation sites.
DD....$HGLD & $PGDC With One Of The Richest Highest Grade Silver Mine On Earth -
$Patagonia Gold & Silver Mines Hard Asset Safety Bargain --
https://patagoniagold.com/wp-content/uploads/2022/10/Patagonia-Gold-Corporate-Presentation-Q4-2022-.pdf
https://investorshub.advfn.com/Patagonia-Gold-Corp.-HGLD-33022
[B]Hunt a director LT shareholder of the company -[/B]
DD....$HGLD & $PGDC With One Of The Richest Highest Grade Silver Mine On Earth -
Patagonia Gold & Silver Mines Hard Asset Safety Bargain --
https://patagoniagold.com/wp-content/uploads/2022/10/Patagonia-Gold-Corporate-Presentation-Q4-2022-.pdf
https://investorshub.advfn.com/Patagonia-Gold-Corp.-HGLD-33022
Hunt a director LT shareholder of the company -[/B]
During its production life Martha produced from very high-grade veins and vein breccias.
The high silver grades of the historic Mineral Reserves, ranging from over 2,500 grams/tonne (g/t)
in the early years of the project to over 400 g/t in the later production years, and
the high silver to gold ratio of the historic Mineral
Reserves which averaged over 900:1, set Martha apart from the other producing mines in the province.
$Patagonia Gold acquired the Martha property as part of its Reverse Takeover of $Hunt Mining Corp. in 2019.
The property consists of approximately 7,850 hectares of concessions, various buildings and facilities,
surface and underground mining and support equipment, a 480 tonne per day (tpd – maximum) crushing, grinding
and flotation plant, tailings facility, various stockpiles and waste dumps, employee living and cafeteria quarters.
In addition, $Patagonia Gold has access to surface ranch (“estancia”) lands surrounding the mine and mill site
that are approximately 35,700 hectares in size.
https://patagoniagold.com/investors/photo-gallery/
https://patagoniagold.com/wp-content/uploads/2022/10/Patagonia-Gold-Corporate-Presentation-Q4-2022-.pdf
https://www.patagoniagold.com
It’s here, it’s due, it has to happen, and the train is moving.
Get on board before u gotta chase it.
https://www.zerohedge.com/commodities/why-we-are-start-multi-year-gold-bull-market
Long Trend is UP for Gold and Gold stocks..
Gold's $9K will take us all by surprise! How Many Ounces Of Gold & Silver Are You HOLDING? -
Rule
The Market View
They keep chugging onward. Thanks NYBob.
$Patagonia Gold Quarter 1 2024 Financial Results
VANCOUVER, British Columbia, May 30, 2024 (GLOBE NEWSWIRE) --
$Patagonia Gold Corp. (“Patagonia” or the “Company”) (HGLD) (TSXV: PGDC) announces its financial results for the quarter ended March 31, 2024 (“Q1 2024”).
The financial statements together with the related management’s discussion and analysis are available on the Company’s website and
under the Company’s profile on SEDAR+ at www.sedarplus.ca .
Highlights
Generated revenue of US$1.8 million in Q1 2024.
Produced 636 gold equivalent ounces ( 1) and sold 850 gold equivalent ounces (1) in Q1 2024.
Incurred exploration expenditures of US$0.8 million in Q1 2024 including completion of:
Mapping and sampling on the La Valencia project and a total of 384-line kilometers of ground
magnetics surveying to the east of Veta Principal (the main structure on the project).
A diamond drilling program on the Abril project to test the extension of mineralization identified in
previous reverse circulation (RC) drill holes.
A total of 426.8 meters were drilled, all as HQ-diameter core, and 363 samples were collected ( 2) .
The assays results varied significantly, with Au (gold) values ranging from 0.005 to 4.87 grams per ton (g/t)
and Silver (Ag) values ranging from 1 to 219 g/t.
The drilling program is scheduled to continue through Q2 2024.
https://patagoniagold.com/investors/news-releases/
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174375257
DD....$HGLD & $PGDC With One Of The Richest Highest Grade Silver Mine On Earth -
Patagonia Gold & Silver Mines Hard Asset Safety Bargain --
https://patagoniagold.com/wp-content/uploads/2022/10/Patagonia-Gold-Corporate-Presentation-Q4-2022-.pdf
https://investorshub.advfn.com/Patagonia-Gold-Corp.-HGLD-33022
Hunt a director LT shareholder of the company -[/B]
During its production life Martha produced from very high-grade veins and vein breccias.
The high silver grades of the historic Mineral Reserves, ranging from over 2,500 grams/tonne (g/t)
in the early years of the project to over 400 g/t in the later production years, and
the high silver to gold ratio of the historic Mineral
Reserves which averaged over 900:1, set Martha apart from the other producing mines in the province.
Patagonia Gold acquired the Martha property as part of its Reverse Takeover of Hunt Mining Corp. in 2019.
The property consists of approximately 7,850 hectares of concessions, various buildings and facilities,
surface and underground mining and support equipment, a 480 tonne per day (tpd – maximum) crushing, grinding
and flotation plant, tailings facility, various stockpiles and waste dumps, employee living and cafeteria quarters.
In addition, Patagonia Gold has access to surface ranch (“estancia”) lands surrounding the mine and mill site
that are approximately 35,700 hectares in size.
https://patagoniagold.com/investors/photo-gallery/
https://patagoniagold.com/wp-content/uploads/2022/10/Patagonia-Gold-Corporate-Presentation-Q4-2022-.pdf
https://www.patagoniagold.com
It would be wonderful to have truly free markets. Hope you well.
I BOUGHT MORE SHARES TODAY HOURS AGO BUT THE ITRADE DON'T REPORT IT ?!!!
IT HAPPEN TO OFTEN AND THE BANKSTER GANGSTERS HAVE THEIR WAY!!!
IT GIVES US GREAT BUYING OPPORTUNITES!!!! )
Patagonia Gold Corp. (PGDC) rose 66.7% to $0.025 on volume of 966,036 shares
https://patagoniagold.com/investors/news-releases/?qmodStoryID=8670024498009530
IN PGDC & HGLD GOLD & SILVER BARGAN I INVEST MY 2 PENNIES ♥️😊
DD....$HGLD & $PGDC With One Of The Richest Highest Grade Silver Mine On Earth -
Patagonia Gold & Silver Mines Hard Asset Safety Bargain --
https://patagoniagold.com/wp-content/uploads/2022/10/Patagonia-Gold-Corporate-Presentation-Q4-2022-.pdf
https://investorshub.advfn.com/Patagonia-Gold-Corp.-HGLD-33022
Hunt a director LT shareholder of the company -[/B]
During its production life Martha produced from very high-grade veins and vein breccias.
The high silver grades of the historic Mineral Reserves, ranging from over 2,500 grams/tonne (g/t)
in the early years of the project to over 400 g/t in the later production years, and
the high silver to gold ratio of the historic Mineral
Reserves which averaged over 900:1, set Martha apart from the other producing mines in the province.
Patagonia Gold acquired the Martha property as part of its Reverse Takeover of Hunt Mining Corp. in 2019.
The property consists of approximately 7,850 hectares of concessions, various buildings and facilities,
surface and underground mining and support equipment, a 480 tonne per day (tpd – maximum) crushing, grinding
and flotation plant, tailings facility, various stockpiles and waste dumps, employee living and cafeteria quarters.
In addition, Patagonia Gold has access to surface ranch (“estancia”) lands surrounding the mine and mill site
that are approximately 35,700 hectares in size.
https://patagoniagold.com/investors/photo-gallery/
https://www.patagoniagold.com
$Gold Legal Tender GOD'S Real Money -
$GOD We Trust - Real Money - AU Safety 6000yrs
https://www.kitconet.com/images/live/au0001wb.gif
https://stockcharts.com/c-sc/sc?s=%24SILVER&p=W&b=5&g=0&i=p88847633689&r=1712194893454
https://stockcharts.com/c-sc/sc?s=%24SILVER&p=W&b=5&g=0&i=p88847633689&r=1712194786158
$Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -[
Prayers TIA.
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
https://stockcharts.com/c-sc/sc?s=%24USD&p=W&b=5&g=0&i=p09665864339&r=1712195150644
God Bless
Patagonia Gold 2023 Financial Results
VANCOUVER, British Columbia, April 26, 2024 (GLOBE NEWSWIRE) --
Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) announces its audited results
for the financial year ended December 31, 2023 (“YE 2023”).
The audited consolidated financial statements for YE 2023, together with the related management’s
discussion and analysis, are available on the Company’s website and
under the Company’s profile on SEDAR+ at www.sedarplus.ca .
Highlights
Generated revenue of US$8.2 million in YE 2023.
Produced 4,498 gold equivalent ounces ( 1) and sold 4,290 gold equivalent ounces (1) .
Spent US$3.7 million on exploration of key projects in Argentina including completion of:
5,500 meters of diamond drilling on the Monte Leon prospect, within the El Tranquilo
concession block, which encountered multiple zones of anomalous, precious metal mineralization ( 2 ) ;
372 meters of reverse circulation (“RC”) drilling at the Sinter prospect in the La Josefina Project; and
165 meters of diamond drilling at the April prospect in late 2023.
A total of 714 meters of core drilling has been completed at Abril. Analytical results from this drilling
are pending and drilling will continue through 2024.
Notes:
(1) Consisting of 3,412 gold and 91,098 silver ounces of production and
3,275 gold and 83,988 silver ounces sold, converted to a gold equivalent using a ratio
of the average spot market price for the commodities each period.
The ratio for the year ended December 31, 2023 was 82.45:1 (2022 – 82.41:1).
(2) Please refer to news releases issued on March 1 and July 13, 2023 (which are available
on the Company’s website and under the Company’s profile on SEDAR+ at www.sedarplus.ca )
for additional information on drilling at Monte Leon prospect (El Tranquilo project).
Qualified Person’s Statement
Donald J. Birak, an independent, consulting geologist, Registered Member of SME and Fellow of
AusIMM and a qualified person as defined by National Instrument 43-101, has reviewed and
approved the scientific and technical information in this news release.
About Patagonia Gold
Patagonia Gold Corp. is a South America focused, publicly traded, mining company listed on
the TSX Venture Exchange.
The Company seeks to grow shareholder value through exploration and development of
gold and silver projects in the Patagonia region of Argentina.
The Company is primarily focused on the Calcatreu project in Rio Negro and
the development of the Cap-Oeste underground project.
Patagonia, indirectly through its subsidiaries or under option agreements, has mineral rights
to over 430 properties in several provinces of Argentina and is one of the largest l
andholders in the province of Santa Cruz, Argentina.
Christopher van Tienhoven, Chief Executive Officer
Patagonia Gold Corp
T: +54 11 5278 6950
E: cvantienhoven@patagoniagold.com
https://patagoniagold.com/investors/news-releases/
https://patagoniagold.com/investors/presentations/
https://patagoniagold.com/investors/photo-gallery/
China’s March net gold imports via Hong Kong up 40% from Feb
Reuters | April 25, 2024 | 7:37 am Intelligence Markets China Gold
China is the biggest billion consumer and its buying trends can have bearing on global prices. Credit: Chow Tai Fook
China’s net gold imports via Hong Kong jumped 40% in March from the previous month, Hong Kong Census and
Statistics Department data showed on Thursday.
Net imports into the world’s top gold consumer stood at 55.836 metric tons in March, compared with 39.826 tons in February,
the data showed.
Total gold imports via Hong Kong were up about 40.2% at 63.499 tons.
SILVER IS ABOUT TO HIT NEW ALL TIME HIGH SOON AND PETER KRAUTH BREAKS DOWN EXACTLY HOW | SILVER NEWS
Silver News Daily
6.65K subscribers
I have no idea what level in dollars that gold could reach if even 1/2 of the fiat dollars were to be relaced with a gold backed currency. Add in that situation with all of the other currencies in the world. Enormous upside!!!
The next year may have the most number of rapidly changing events of all of my almost 74 years.
Patagonia Gold Reacquired the COSE Property From Pan American Silver
VANCOUVER, British Columbia, April 12, 2024 (GLOBE NEWSWIRE) --
Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) is pleased to announce the closing of the transaction
to reacquire the COSE property (“COSE”) from Pan American Silver Corp. (“PAAS”).
As announced on February 27, 2024, Patagonia entered into an agreement with PAAS to reacquire the COSE property,
that was closed by PAAS in 2022, in exchange for assuming PAAS’s liabilities in relation to COSE and the remaining
closure costs of COSE, which are mainly related to ongoing environmental monitoring.
By reacquiring COSE, the Company consolidates its holding in the El Tranquilo concession block, which holds
the Company’s Cap Oeste Project, together with several other prospects and mineral occurrences.
The El Tranquilo block is comprised of 26 individual concessions totaling 66,255 hectares.
About Patagonia Gold
Patagonia Gold Corp. is a South America focused, publicly traded, mining company listed on the TSX Venture Exchange.
The Company seeks to grow shareholder value through exploration and development of gold and silver projects in
the Patagonia region of Argentina.
The Company is primarily focused on the Calcatreu project in Rio Negro and the development of the Cap-Oeste
underground project.
Patagonia, indirectly through its subsidiaries or under option agreements, has mineral rights to over 430 properties
in several provinces of Argentina and is one of the largest landholders in the province of Santa Cruz, Argentina.
For more information, please contact:
Christopher van Tienhoven, Chief Executive Officer
Patagonia Gold Corp.
T: +54 11 5278 6950
E: cvantienhoven@patagoniagold.com
https://www.patagoniagold.com
News Provided by GlobeNewswire via QuoteMedia
https://patagoniagold.com/investors/news-releases/
China switches strategy from stacking Gold to "Take all the Silver." Sticking it to US short sellers and market riggers.
https://silverseek.com/article/china-switches-strategy-stacking-gold-take-all-silver-sticking-it-us-short-sellers-and
SILVER IS ABOUT TO HIT NEW ALL TIME HIGH SOON AND PETER KRAUTH BREAKS DOWN EXACTLY HOW | SILVER NEWS
Silver News Daily
6.65K subscribers
HERE IS HOPING THAT THE NEW REGULATIONS GET ENACTED AND SUPPORTED FOR MANY YEARS TO ALLOW DEVELOPMENT.
I am a long time shareholder of Patagonia Gold Corp. and has never
been paid by them or anyone else for any promo or Pr etc.!
I have paid much higher price for my shares than current price and
feel they are very undervalued and oversold so I have recently bought
more at this bargain price, 😊
IMO!
I was referring to NYBob.
Not I. Just a potential shareholder.
Serious question, no disrespect, but is anyone here paid to promote this company?
Very good questions. Maybe NYBob has some idea about both of your questions?
…They had/have an operational mill? Could they be producing again, in the (near) future? Thanks
There are approximately 500 million share outstanding. Any threat of a (possible) reverse split?
Very impressive!
Thanks for the mark and the message, also gave a mark... appreciate the info and diligence.
Best,
DT
SHUNNED Thank You - DD....$HGLD & $PGDC With One Of The Richest Highest Grade Silver Mine On Earth -
Patagonia Gold & Silver Mines Hard Asset Safety Bargain - GET IN EARLY for pennies - ♥️ -
https://patagoniagold.com/wp-content/uploads/2022/10/Patagonia-Gold-Corporate-Presentation-Q4-2022-.pdf
https://investorshub.advfn.com/Patagonia-Gold-Corp.-HGLD-33022
Hunt a director LT shareholder of the company -[/B]
During its production life Martha produced from very high-grade veins and vein breccias.
The high silver grades of the historic Mineral Reserves, ranging from over 2,500 grams/tonne (g/t)
in the early years of the project to over 400 g/t in the later production years, and
the high silver to gold ratio of the historic Mineral
Reserves which averaged over 900:1, set Martha apart from the other producing mines in the province.
Patagonia Gold acquired the Martha property as part of its Reverse Takeover of Hunt Mining Corp. in 2019.
The property consists of approximately 7,850 hectares of concessions, various buildings and facilities,
surface and underground mining and support equipment, a 480 tonne per day (tpd – maximum) crushing, grinding
and flotation plant, tailings facility, various stockpiles and waste dumps, employee living and cafeteria quarters.
In addition, Patagonia Gold has access to surface ranch (“estancia”) lands surrounding the mine and mill site
that are approximately 35,700 hectares in size.
https://patagoniagold.com/investors/photo-gallery/
https://www.patagoniagold.com
NO VOLUME HGLD https://www.otcmarkets.com/stock/HGLD/security
how can the a/s be smaller than the o/s?? lousy mgt i guess. b/c they don't keep the otc mkts up to date. i will pass HL IS MY PICK.
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